What an eye-grabbing title for an article that Dusgyant Choudhary recently wrote. The article is written with a date of April 1, 2021, and it shows Brent Crude hitting $150.00 per barrel. With oil having a hard time hitting $60 present day, it’s not hard to imagine...
Could the world really start trading oil in yuan? It could be a possibility if China can coerce Saudi Arabia to be the first. Chief economist and managing director at High Frequency Economics, Carl Weinberg, believes that: “Beijing stands to become the most dominant...
Paris-based International Energy Agency (IEA) released its monthly oil market report on Thursday. The report stated global supply and demand for crude oil will be balanced three out of the four quarters in 2018, assuming OPEC production and normal weather conditions...