Biden’s team has announced that it is considering releasing up to 180 million barrels of Oil from Strategic Petroleum Reserves over the next 180 days. According to the latest weekly estimate, about one-third of the existing Strategic Petroleum Reserve of just over 568M barrels. Since last September, the USA has been actively cutting this reserve, […]
The post US Plans to Sell Off Reserves Won’t Turn Crude Prices Around appeared first on Action Forex.
Transcript: Conway Gittens: I’m Conway Gittens reporting from the New York Stock Exchange. Here’s what we’re watching on TheStreet today. Wall Street is looking to put the chaos of last week behind it as lawmakers clinched Read more…
Usually, the US State Department issues travel warnings due to political unrest. In most cases, the most serious warnings are due to the government of a country being unable to maintain control. When that happens, Read more…
US Conference Board Consumer Confidence dropped to 104.7 in December, falling short of expectations for 113.2 and down from 112.8 in November. Present Situation Index slipped by -1.2 points to 140.2. The more forward-looking Expectations Read more…