Crude oil is king of the commodity markets and usually is a very good indicator of where the economy is headed.
Tag Archives crude oil
Crude oil prices are warning for global economy
The negative sentiment seen in the crude oil market is bound to impact the flow of funds into agricultural commodities
Global oil surplus expected to weigh down crude prices
Signs point to stable to lower crude oil prices in 2025 because global production is expected to easily keep up with demand. Further downward pressure on prices might develop with the return of Donald Trump to the White House and a Republican majority in the U.S. Senate and maybe the House of Representatives. The new […] Read more
Prices of crops, oil bounce back from late summer lows
Weather issues and international tensions are lifting prices of several commodities off lows hit in late August and early September. Wheat production estimates and forecasts are down because of weather challenges in Russia, Argentina and elsewhere, helping to lift wheat futures. Crude oil prices are bouncing back as worries mount about a potential Middle East […] Read more
Crude oil is up this summer, but future prices unclear
Crude oil prices spent much of the spring lower than forecasts made in late winter but have jumped up in recent weeks on strong demand during the busy summer travel season. West Texas crude, the North American benchmark, spent most of the winter in the US$70s per barrel, which was a bit lower than expected. […] Read more
