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FBC Varney Company July 14, 2024

Been if america had not had, as it does, an oil glut. It would have been a much bigger price spike. Thats the upside, i guess, of energy independence. Now, whats happening in oil has not had a negative impact on stocks. We are still looking at a gain for the dow, what, about 90 points, up about 34 on the nasdaq. Part of the dows gain is fueled by the Big Oil Companies which do well when oil prices rise. This tanker story is a big money story. We are all over it. And theres a lot going on. We will keep you in touch with it. Elsewhere, ah, Bernie Sanders outlines his definition of democratic socialism. We will break that down for you. Not literally. The president is setting the political world on fire. He says he would accept information on political opponents from Foreign Governments. Theres a shocker. Connecticut, ....

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OMCs to reduce fuel prices significantly in first week of 2023

Oil marketing companies (OMCs) are expected to reduce fuel prices significantly in the first week of 2023, with some selling at single digits, the Institute of Energy Securities (IES) has predicted. The prediction is coming on the back of the 5.28% and 5.09% fall in the prices of Gasoline and… ....

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