Trade War Erodes Oil Demand
The blow to growth from a trade war is likely to hurt the price of oil – the mainstay of the region’s economy.
The economy is at risk of recession or stagflation. Read why this could lead to significant impacts for the oil industry.
Oil 4-Hour Chart – Falling Wedge Pattern The ... The daily chart for the US Dollar Index shows strong bearish pressure at the 103.50 support level. The index has formed its first key reversal ...
Oil prices extended gains on Wednesday, rising over 1%, supported by a weaker dollar, but gains were capped by mounting fears ...
Nigeria’s naira slipped against the dollar after softer oil prices and lower local money market rates disrupted its recent ...
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