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Showing posts with the label August 17

Crude oil is getting crushed, but one expert sees year-end rally

Crude oil is getting crushed, but one expert sees year-end rally https://cnb.cx/2L1W4KB Crude oil just posted its worst week since July as a surging dollar, slowing emerging markets and supply concerns have all weighed on the commodity. But despite the price declines, one commodities trader sees a rally in the cards. https://ift.tt/2PddWW7 August 17, 2018 at 08:15AM Energy https://cnb.cx/2KU3Ztw

‘More volatility’ expected as Iran sanctions set to prompt wild swings in oil prices, CEO says

‘More volatility’ expected as Iran sanctions set to prompt wild swings in oil prices, CEO says https://cnb.cx/2L07NcN A shipping revolution and a U.S. plan to impose targeted crude sanctions against Iran is likely to prompt wild swings in the oil price over the coming months, Vopak's chief executive told CNBC on Friday. https://ift.tt/2PddWW7 August 17, 2018 at 02:05AM Energy https://cnb.cx/2KU3Ztw