Here’s how the companies making headlines fared during Friday’s midday trade

Oil prices were expected to decrease for the second week in a row, but after unpredictable trading this week, they reached a floor of over $100 a barrel on Friday, with no obvious replacement for Russian barrels insight in a market already constrained by supply.  After surging almost 9% on Thursday, Brent crude futures were […]

It is time to reduce oil consumption: the IEA has a 10-point strategy

As Russia sends a significant portion of its oil to Asia and Europe. However, it is worth noting that when discussing rising oil costs, all should consider the worldwide oil supply rather than just American gas prices. The commodities market is globally interconnected, and oil prices are influenced by the world market. As a result, […]

Interest rates are likely to be raised by the Federal Reserve

The crisis in Russia-Ukraine continues to dominate the market. Investors may have to be satisfied with the Federal Reserve’s first interest rate increase since the pandemic. The Fed’s fund rate will be raised, according to the report that’s been released. It could go up by a quarter percentage point from where it is now. The […]

In 2022, global crude oil prices are expected to fall!

Since the third quarter of 2020, global demand for crude oil and petroleum products has outpaced supply, resulting in lower stock levels and higher crude oil prices. According to the Energy Information Administration’s most recent forecast, Brent crude oil spot prices are expected to remain near current levels through the end of 2021. (EIA). In […]

Marketmind: Earnings face the inflation test

After weeks of debate about the supposedly transitory nature of higher inflation and its potential monetary policy implications, markets are about to find out how rising input costs impacted companies during the third 2021 quarter.