On 08th March 2022, Chicago wheat futures soared to a record high of $13.634 a bushel, surpassing the high formed during the 2008 food crisis. The price of wheat had…
Prices of crude oil recently rallied to a high of 14 years. The Brent crude oil price attained a high of $127.98 a barrel on 08th March 2022, while the…
YEARLY SNAPSHOT The stock market year 2021 was defined by new investors on the stock exchange and the rising prominence of social media. Many crucial metrics for company valuation, on…
API represents all segments of America’s oil and gas industry. Our quite 600 members produce, process and distribute most of the nation’s energy. The initiative supports more than ten million…
Understanding an Economic Calendar An economic calendar shows the scheduled news events or data releases associated with the economy and financial markets. For example, new GDP rate of growth figures,…
What is an EIA? The Energy Information Administration is an independent, impartial organization that “collects, analyzes, and disseminates energy information within the U.S to plug sound policymaking, efficient markets, and…
WHAT IS NON-FARM PAYROLL? The non-farm payroll report causes one in all the consistently most significant rate movements of any news announcement within the forex market. As a result, many…
There are two petroleum inventory reports released within the U.S. One is from the American Petroleum Institute (API), and thus the other is from the U.S. Energy Information Administration (EIA).…
What is the Energy Information Administration (EIA)? The Energy Information Administration (EIA) is an agency formed in 1977. The EIA is liable for objectively collecting energy data, conducting analysis and…
The Organization of Petroleum Exporting Countries (OPEC) is a corporation of 13 oil-producing countries. Therefore, OPEC’s decisions have a significant impact on future oil prices.The Oil and Energy Ministers from…