HeatOil/CHF

The development process of 40 years of crude oil history is full of political cycles, debates over new and old energy sources, and fluctuations in international relations. This seems to be a recurring story, not a new topic. The bipartisan system in the United States has experienced continuous fluctuations in energy and geopolitics, which has had a cyclical ...

Losses by American light oil since the Fed's statement last week could be reversed in the next few days and the price might bounce, possibly retesting the latest high around $92. The main long-term narrative remains Russia and Saudi Arabia's cuts to production with the USA's production also falling recently. The key release this week is final American GDP ...