Get Email Alerts and Follow Us: The 50-year-old petrodollar agreement between Saudi Arabia and the United States has expired without renewal. Originally brokered in 1974 by Secretary of State Henry Kissinger to uphold the dominance of the US dollar in global trade after the end of the gold standard, this deal mandated that Saudi oil…
Understanding PEG Adjustment: A Guide for Investors Home Advanced Understanding PEG Adjustment: A Guide for Investors Source link
Yesterday, the oil price retreated to a new weekly low of $72.48. The price of natural gas was under pressure yesterday after jumping to the $2.63 level. Oil chart analysis Yesterday, the oil price retreated to a new weekly low of $72.48. After that, the price managed to stop further decline and achieved a slight…
Brent July at $81.81; Gasoline Stocks Rise 2 Million Barrels Home Commodities Brent July at $81.81; Gasoline Stocks Rise 2 Million Barrels Source link
The value of the dollar index returned above 104.80 Home Forex The value of the dollar index returned above 104.80 Source link
Investing in the oil and gas industry carries a number of significant risks. Three of the primary risks include commodity price volatility, the potential for dividend cuts, and the possibility of accidents such as oil spills. Despite these risks, long-term investments in oil and gas companies can be highly profitable. It is essential for investors…