Oil prices see sustained surge
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I avoid long-term oil investments due to unpredictable price swings, but high implied volatility now creates an opportunity to sell options for
Oil prices leaped, and stocks slumped on worries that escalating violence following Israel’s attack on Iranian nuclear and military targets could damage the flow of crude around the world, along with the global economy.
Stocks declined as oil prices skyrocketed on Friday, June 13, after Israel attacked Iran, one of the largest oil producers in the world. That means its data centers are purpose-built to support artificial intelligence (AI) training and inference,
That’s the end of the cheapest petrol prices in the UK for four years” – Tony Redondo, Cosmos Currency Exchange
Never try and predict what the price of oil is going to be, because there’s one sure thing: You’re going to be wrong,” says Baker Hughes CEO Lorenzo Simonelli.
Repsol's natural gas production and the bullish outlook for gas prices support continued resilience and earnings strength. See why REPYF stock is a Hold.
Flare-ups in the Middle East have a predictable impact on the price of oil - causing it to spike as investors grow fearful about supply constraints.