Tag: oil
What Could Happen When the Middle East Runs Out of Oil?
The Middle East is known as the heart of the world oil market, but in recent years, fluctuations in oil prices and increasing interest in alternative energy sources raise questions…
When Should Car Engine Oil Be Changed? How to Check It?
We can compare car engines to the heart and engine oil to blood. This is how much engine oil contributes to the smooth and high-performance operation of the car engine.…
Why is Venezuela, with the Largest Oil Reserve, Poor?
While oil is the cornerstone of the wealth of many countries, it has become a curse for Venezuela. How can a country struggle with economic collapse and hyperinflation with so…
China’s Digital Currency Started to Be Used in Oil Deals
Central bank digital currency (CBDC), developed by the Bank of China, was used in an international crude oil deal. According to information provided by China Daily, PetroChina has agreed to…
Oil Company Starts Bitcoin Mining: This Will Be a First!
Argentinian oil company Tecpetrol will mine Bitcoin by using waste gases produced during oil production. Tecpetrol is preparing to break new ground in the world. In the news presented by…
Crypto Move from the Argentine Oil Giant: Mining with Natural Gas
Published by Buğra Çağlar 27 September 2023, 19:31 It was published Crypto Move from the Argentine Oil Giant: Mining with Natural Gas Argentinian oil producer Tecpetrol has announced plans to…
Bitcoin Move from Argentina-Based Oil Company!
According to the news in the local press of Arhantin, the country’s Buenos Aires-based oil company Tecpetrol, Bitcoin mining will start. Accordingly, Tecpetrol built the first gas-fired gas in the…
Morgan Stanley Revises Brent Oil Forecasts Upward
Morgan Stanley, following Goldman Sachs, revised its expectations for Brent oil prices upwards. He increased his Brent oil price forecasts, with the prediction that the market could remain under supply…
Frightening Forecast for Oil: Goldman Sachs Announced!
There is a divided view in global markets regarding a possible recession in the American economy. One group of economists believes that a recession in the American economy is inevitable,…
The price of oil rises to over 95 dollars
Oil production in Russia The country has cut its production volume and thus reduced supply on world markets. (Photo: dpa) Singapore Oil prices are approaching $100. On Tuesday morning, a…
Dax rally stopped for now – oil price continues to rise
Dusseldorf Investors are withdrawing from the German stock market ahead of the US Federal Reserve’s meeting on Wednesday. The leading index Dax closed on Monday 1.1 percent in the red…
Dax rally stopped for now – oil price continues to rise
Dusseldorf Investors are withdrawing from the German stock market ahead of the US Federal Reserve’s meeting on Wednesday. The leading index Dax was one percent down at 15,734 points on…
Dax rally stopped for now – oil price continues to rise
Dusseldorf At the start of the week, the German stock market is giving up part of its gains from Thursday and Friday. However, there are no buyers for further price…
Dax rally stopped for now – oil price continues to rise
Dusseldorf At the start of the week, the German stock market defended most of its gains from Thursday and Friday. However, there are no buyers for further price increases before…
California is suing major oil companies, accusing them of deception
Oil mining in California California sued oil companies. (Photo: IMAGO/UIG) Washington The US state of California is suing several major oil companies, accusing them of misleading the public about the…
Dax closes in the red – high oil price as a burden
Dusseldorf The search for a new medium-term trend continues on the German stock market. Things are going down this Wednesday, with the Dax falling by 0.4 percent to 15,654 points…
Dax slides to new monthly low – oil price at multi-month high weighs on markets
Dusseldorf The search for a new medium-term trend continues on the German stock market. Things are going down this Wednesday, with the Dax trading at 15,567 points in the morning,…
What Will Be the Brent Oil Price? EIA Shares Its Forecast!
The US Energy Information Administration (EIA) raised its oil production forecasts in its latest Short-Term Energy Outlook report. According to the report, US crude oil production will reach 12.78 million…
Dax remains looking for direction – oil prices at multi-month highs are weighing on the markets
Dusseldorf The search for a new medium-term trend continues on the German stock market. Things continue to move sideways this Wednesday, with the Dax trading at 15,718 in the morning,…
Dax continues to fall – oil price at multi-month high is weighing on the markets
Dusseldorf The search for a new medium-term trend continues on the German stock market. The DAX remains under short-term pressure and fell 0.5 percent in the first hour of trading…