• 129
  • 16
  • Favorite

Why Are Oil Stocks Down Today?

InvestorPlace2022-07-14

Oil stocks are falling today as oil prices are retreating and remain below $100 per barrel.Among the factors seen as causing the decline are the strong U.S. dollar and weakening demand for oil....

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment16

  • Frisbee
    ·2022-07-15
    ok
    Reply
    Report
  • Cvt
    ·2022-07-15
    Good
    Reply
    Report
  • QueenBee88
    ·2022-07-15
    👍🏻👍🏻
    Reply
    Report
  • RichyRick
    ·2022-07-15
    Good. Oil price too high
    Reply
    Report
  • Tan79
    ·2022-07-15
    Ok
    Reply
    Report
  • robot1234
    ·2022-07-15
    Oil settles lower ahead of potential large U.S. rate hike. Oil prices settled lower on Thursday, but pared nearly all losses after falling more than $4 earlier in the session as investors focused on the prospect of a large U.S. rate hike later this month that could stem inflation but at the same time hit oil demand.Brent crude futures for September settled down 0.5% and finished a third session in a row below $100.U.S. West Texas Intermediate crude for August delivery also settled down 0.5%.Both contracts hit lows on Thursday which were below the Feb. 23 close, the day before Russia invaded Ukraine, with Brent reaching its lowest level since Feb. 21.The U.S. Federal Reserve is seen ramping up its battle with 40-year high inflation with a supersized 100 basis-point rate hike this month afte
    Reply
    Report
  • Vincent1968
    ·2022-07-15
    Ok 
    Reply
    Report
  • WJ77
    ·2022-07-15
    👍
    Reply
    Report
  • Bluelight7
    ·2022-07-15
    Ok
    Reply
    Report
  • SquareGuy
    ·2022-07-15
    Reply
    Report
  • MoneyCentral
    ·2022-07-14
    Oil supply still challenged in the medium term unless we go into recession before end ofyear
    Reply
    Report
  • PC21
    ·2022-07-14
    Waiting for Putin's next move.
    Reply
    Report
  • PrincessLow
    ·2022-07-14
    Same story 
    Reply
    Report
  • NPC69
    ·2022-07-14
    K
    Reply
    Report
  • Mindthink
    ·2022-07-14
    Ok
    Reply
    Report
  • runningjames
    ·2022-07-14
    Down down down....
    Reply
    Report
 
 
 
 

Most Discussed

 
 
 
 
 

7x24

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email:uservice@ttm.financial