In a widely expected scenario, WTI oil opened with big gap higher and spiked to nearly $120 per barrel (the highest since mid-2022) at the start of the week. Growing fears of prolonged larger supply disruptions, due to closure of Hormuz strait, damaged oil installations and high risk and cost of transportation, continue to inflate […]
The post WTI: Oil Price Spikes Near $120 as War Escalation Darkens Supply Outlook appeared first on ActionForex.
Starting March 6, McDonald’s is offering customers a free meal in exchange for a confession. The fast food giant launched its “First Job Confessional” campaign, a reality TV-inspired promotional series, “where fans can dish out Read more…
Oil is back above $110 a barrel. And this 156-year-old Dividend Aristocrat is sitting in an enviable position. When crude prices spike, not every oil company benefits equally. Some are more exposed to Middle East Read more…
Daily Pivots: (S1) 157.42; (P) 157.76; (R1) 158.13; More… Intraday bias in USD/JPY stays on the upside as rise fro 152.25 is in progress for 159.44 resistance. Decisive break there will target 161.94 high next. Read more…