Finally, the Minister of Energy of Saudi Arabia will participate in an energy forum held next month to discuss the crude oil market. Saudi Arabia stated that if necessary, it may stabilize the crude oil market. Since last Thursday, crude oil prices have i
Trump formally signed a document on Tuesday May 8, confirming its withdrawal from the agreement and restarting sanctions against Iran, which poses serious challenges to the Iranian energy industry. Trump said: I announce that the United States has officia
However, we must be vigilant. If the international oil price remains at a high level of 70 US dollars per barrel for a long time, all central banks around the world will tighten monetary policy, and monetary policy must not be looser. When monetary policy
The closely watched Feds monthly resolution kicked off as scheduled. The Fed kept interest rates unchanged as the market expected, but the decision was less hawkish than market expectations. After the announcement of the resolution, the U.S. dollar fell s
People familiar with the Trump administration’s internal discussions said that the United States will not easily use the strategic oil reserves. It is possible that the oil price will further rise by more than 0% from the current level, that is, when the