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Alaska North Slope crude jumped $2.18 Oct. 19 to close at $91.82 per barrel as the vicissitudes of China demand expectations engendered sharp fluctuations in oil prices. West Texas Intermediate leapt $2.73 to close at $85.55 and Brent jumped $2.38 to close at $92.41. WTI continued up more than 1.5%...
Alaska North Slope crude rose $2.10 Oct. 5 to close at $93.88 per barrel, while West Texas Intermediate rose $1.24 to close at $87.76 and Brent rose $1.57 to close at $93.37. The gains came after the Organization of the Petroleum Exporting Countries and its allied producing countries announced a 2 m...
This was the most extreme of the Fed's emergency policy moves made last year — where the Fed intervened via the stock market, buying corporate bond ETFs.
The clean energy agenda landed three heavy punches on the chin of the fossil fuels industry today.
It's the Chinese government that has a record of driving up global commodities prices in the wake of a global crisis, stockpiling and hoarding to take advantage of beaten-down prices.