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Strong dollar takes down oil, gold, and crypto

US SPR hovers around 362 million barrels, down from 593 million seen at beginning of 2022 Gold ETFS net purchases post largest one-day increase since mid-Apr ....

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Biden Administration Drives US Oil Reserves To Lowest in Decades

The US strategic oil reserve has allegedly been unwisely used recently, which led to this uncertain state, causing it to reach its lowest level ever. ....

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Over 5 mn barrels of oil from US reserves sent overseas

The export of crude and fuel is blunting the impact of the moves by US President Joe Biden to lower record pump prices. ....

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Oil Prices Fall But Hold Above $100 A Barrel As Wild Gyrations In Crude Markets Continue

In another reflection of the wild gyrations in global crude markets, oil futures declined slightly after opening higher on Wednesday and having surged over 6% in the previous session. ....

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Brent Crude Prices Recoup Losses And Rise Nearly 3%, Back-Up Above $100

The wild gyrations in crude markets continued on Tuesday, with Brent oil prices trading nearly 3 per cent higher and back up above $100 after briefly languishing below that level in the previous session. ....

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