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oil prices

7 posts
uganda ghana currencies weakening

Africa FX: Uganda, Ghana Currencies Brace for Further Losses—What’s Driving the Slide?

Uganda’s shilling and Ghana’s cedi are sliding fast—oil prices and dollar demand threaten more pain unless something changes soon.
oil props up loonie

Why Oil-Powered Loonie Defies a Stronger U.S. Dollar

While the dollar crushes rivals worldwide, Canada’s loonie refuses to bend—oil holds the surprising answer why.
oil jumps despite rate cut hopes

Oil Surge Defies Rate‑Cut Hopes

Oil above $110 shattered rate-cut dreams and Fed futures now price hikes instead. Iran’s strait blockade changed everything while markets panic.
oil spikes above 125

Oil Surges Past $125 Amid Growing Fears—Are ‘short‑Term’ Supply Disruptions a Myth Now?

Oil explodes past $125 as the Strait of Hormuz blockade shatters the “temporary disruption” myth. Markets panic while analysts admit they got it wrong.
gold falls to one month low

Gold Sinks to One-Month Low—12% Slide Since Iran War Began

Gold plunges 12% despite war escalation and oil surpassing $100—why the traditional safe haven is failing when investors need it most.
global trade chokepoint crisis

Can the Global Economy Survive a Strait of Hormuz Closure?

A month-long Strait of Hormuz shutdown could send oil into triple digits while stranding 55 tankers and freezing $1.3 billion in daily energy flows.
will 59 hold

Crude Oil Weekly Forecast 09/11: Can $59 Survive? (Chart)

Crude oil’s descent accelerates as supply floods the market and $59 support crumbles. The path to mid-$50s is now alarmingly clear.