Saudi Aramco established over a decade ago is known for their huge oil reserves and high-tech stuff. They run some of the world's biggest oil fields like Ghawar, which keeps Saudi Arabia and global oil markets steady. Sinopec is China's top energy and chemical company. They cover everything from exp

*News: Global Geopolitics* *First, trade wars and then Covid-led restrictions disrupted global supply chains.* • The conflict between Israel and Hamas has intensified and escalated across land and reached the sea level • Initially attacks by Yemen's Iran-aligned Houthi militants targeted only oil sh

Good morning traders! This is the official account to find out all the breaking news that may/may not affect your trading decision such as economic policies, political moves, global agendas, and more. BUT first, to start off your day with a bang, here's a recap of the important news we think you sho

The Japanese yen weakened against the US dollar after the mixed economic data from the country. According to the statistics bureau, the country's retail sales dropped by 1.5% in February after falling by 2.4% in the previous month. This decline was better than the median estimate of 2.8%. The countr

SINGAPORE (Reuters) - Oil prices rose on Tuesday on expectations of a recovery in the global economy after U.S. Senate approval of a $1.9 trillion stimulus bill and on a likely drawdown in crude oil inventory in the United States. But a stronger dollar and receding fears of oil supply disruption fro

WTI has topped $66.00 for the first time since April 2019. The commodity continues to benefit in the afterglow of Thursday’s bullish OPEC+ outcome. But the demand outlook also continues to strengthen, adding further upward pressure to prices. Front-month futures contracts for the American benchmark

LONDON (Reuters) - Oil prices jumped more than 3% on Friday, hitting their highest levels in over a year after OPEC and its allies agreed not to increase supply in April as they await a more substantial recovery in demand. Brent crude futures were up $2.23, or 3.3%, at $68.97 a barrel by 1441 GMT -