Category: barrels
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Crypto Fear And Greed Index Barrels Toward Extreme Greed Again As Bitcoin Price Clears $101,000, Is This Good News?
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Investor EmpiresThis article is also available in Spanish. Bitcoin price has risen back above the $100,000 level after three consecutive days of rising prices. In particular, Bitcoin’s returns above $100,000 come on the back of a 12.5% increase after it rebounded from the $90,000 support level on Monday, January 13. As…
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Oil – private survey of inventory shows a headline crude oil drawdown of -3.4M barrels
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Investor EmpiresFigures via oilprice.com on Twitter: The U.S. Energy Information Administration’s estimates, due out tomorrow at 10:30 a.m., show: Crude oil inventories down -2.265 million barrels Gasoline inventories down -1.587 million Distillates down -1.083 million — This data point is taken from a special survey conducted by the American Petroleum Institute…
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Crude oil pops more than 3% as halt of Libyan barrels ‘cannot be easily replaced’
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Investor EmpiresSlavkoSereda/iStock via Getty Images Crude oil futures rose more than 3% on Monday after Israel and Hezbollah traded blows over the weekend and Libya’s rival eastern government said it had halted oil production and exports, adding to gains on Friday after Federal Reserve Chairman Jerome Powell said the United States…