Category
Commodities
3 Stock Sharks News articles in Commodities.
U.S. Takes 65 Billion Barrels in Venezuela Oil Deal
Sixty-five billion barrels of oil now sit under U.S. control after a deal with Venezuela. The number is large enough to make a person pause.
The SPR Is at 293 Million Barrels and Falling
The Strategic Petroleum Reserve now sits near 293 million barrels, the lowest since the early 1980s, and it keeps dropping while the Iran war tightens supply.
Oil soars over 3% on easing U.S.-China trade tensions
Oil prices rose over 3% on Tuesday after the United States said it will delay imposing a 10% tariff on certain Chinese products, easing concerns over a global trade war that has pummelled the market in recent months. Those Chinese…