Friday, 26 April 2024 () June West Texas Intermediate (WTI) crude oil futures have experienced significant volatility this week, ultimately poised to close higher following a late-week recovery. This recovery was significantly influenced by positive economic remarks from U.S. Treasury Secretary Janet Yellen, which countered earlier market fears driven by economic data and geopolitical developments. Economic Weakness and Market Sentiments Throughout the week, oil markets were beleaguered by concerns over a slowing economy exacerbated by persistently high interest rates.…
The Biden administration just restricted 13 million acres of a federal petroleum reserve from oil and gas exploration, adding to its long list of anti-oil actions and guaranteeing high gasoline prices. Meanwhile, the administration is sinking $7 billion in taxpayer money into solar panel grants. TNA...
IMF Warns of Broad Global Impact, Due to Conflict in the Middle East.
According to 'The Guardian,' the International Monetary
Fund recently highlighted the risks of escalating
conflict in the Middle..
Credit: Wibbitz Top Stories Duration: 01:31Published
Fears of Potential Iranian Attack , Drive US Stocks Down , Nearly 500 Points.
CNN reports that United States stocks dropped on
April 12 amid rising tensions in the Middle East pushing
traders to..
Credit: Wibbitz Top Stories Duration: 01:31Published
Friday, 26 April 2024 ()
![IMF Warns of Broad Global Impact Due to Conflict in the Middle East [Video]](https://video.newsserve.net/300/v/20240416/1372837842-IMF-Warns-of-Broad-Global-Impact-Due-to.jpg)
![Fears of Potential Iranian Attack Drive US Stocks Down Nearly 500 Points [Video]](https://video.newsserve.net/300/v/20240412/1372522960-Fears-of-Potential-Iranian-Attack-Drive-US-Stocks.jpg)
