Latest Articles from Cassandra Legacy
Latest Articles from Cassandra Legacy
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The total number of active drilling rigs in the United States fell by 2 this week after climbing by 10 over the course of the last four weeks
Global equities rise as U.S. debt talks resume, while gold prices decline amid hawkish remarks from the Federal Reserve.
WTI crude oil prices are hovering at 7-year highs as investors mull a strong US jobs report and tight market conditions. Geopolitical tensions at the Russia-Ukraine border further support oil prices.
Crude Oil Prices Surge to 32-Month High on Demand Optimism CRUDE OIL PRICE OUTLOOK: This week’s EIA crude inventory data and Iran nuclear talks will be in focus WTI may attempt to challenge a key chart resistance at $73.50/bbl in the weeks to come Crude oil prices extended higher during the Asia-Pacific mid-day session, marking a 3-week gain of 11.7%. The energy market is riding the tailwind of a global reflation theme, rapid rollouts of Covid-19 vaccines and a calibrated OPEC+ output plan. WTI is trading at the highest level seen in more than two and half years, extending its bullish trend...