Crude Oil Futures (CL) Plunge amid a Firm USD, Economic Woes

Crude oil futures (CL) falls amid a firm USD and China’s lockdown. The EU’s embargo on Russian oil is delayed amid exceptions requested by Eastern European countries. Technically, the price of CL remains supported above $100.29 support. The price of crude oil futures (CL) dropped more than 1% on Tuesday, extending its losses from the Read More…

Economies and COVID-19 Aftermath

Economies Rebound As Countries Ease their COVID-19 Lockdown Measures

Economies that take the primary steps to ease COVID-19 lockdown measures are beginning to record significant improvements in suppressing the virus. This gradually leads to economic recoveries. Also, it is an indication that the second upsurge of the coronavirus infections is unlikely to occur.  The initial phases of recovery from the COVID-19 recession are comparatively Read More…