Historically, the price of oil increases before high inflation. As oil prices rise, so do the prices of products that are dependent on oil. For instance, the prices may surge for goods...
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We cannot underestimate the significance of crude oil prices on the general health of the economy, since higher inflation tends to result in higher oil prices. Inflation follows the price of oil,...
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During the past few years, the worldwide oil market has been significantly impacted by price wars between nations that produce oil, COVID-19 disruptions, and the geopolitical climate. The output control deal between eleven...
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The Biden administration asked Saudi Arabia – the oil producer group OPEC’s de-facto leader – to wait for a month before it cuts oil production. This delay in the supply reduction could...
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In a striking statement at a conference in Stavanger Norway, Elon Musk, CEO and Co-Founder of electric car giant Tesla, said that the world should continue to extract oil and...
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After a fourth session on Thursday, October 6, oil prices rose – with Brent crude futures at a 3-week high – after OPEC+ agreed to tighten worldwide crude supply further and reduce crude...
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Despite calls from the United States to pump more oil to help the worldwide economy, some of the world’s most powerful producers of oil agreed to impose deep oil production output cuts. OPEC+,...
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Like other real estate assets, oil and gas investing can give a protective barrier to inflation. Although the depressed commodity prices of oil and gas can have a negative impact...
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Current economic conditions, uncertainty in the markets, and recent events have serious investors looking for other ways to ensure their capital as well as their portfolio is protected as much...
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30% Guaranteed ROI on Your Investment? Did you know that the United States Federal Government provides tax incentives for domestic oil and gas investments? These incentives can mean a 30+% ROI...
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