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Kaohoon International
A Massacre in Asia Stocks, Dow Futures Plunge 1,200pts as Fear over Price War Sparks
Asia stock markets all plunged in the morning session on the morning of March 9, 2020, after OPEC failed to reach an agreement with Russia to cut oil production on last Friday whic…
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Kaohoon International
Russia Fires the First Shot to Start the Price War, Oil Plunges 30% to $30s/bbl
Oil prices plummet 30% to trade around $30s/bbl in early trading on Monday, March 9, after OPEC failed to reach an agreement with Russia in oil production cut last Friday.
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Kaohoon International
A Bloodbath Session in Asia Markets as Iran Strikes Back, Investors Look for Safe Haven
A Bloodbath Session in Asia Markets after Iran Strikes Back, Oil Jumps 4%, Gold Gains 2%.
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Breaking News
Oil Price Rises 2% Due to Long-Tension in Middle East
Following the airstrike attacked last week, the oil price increased again more than 2% in this morning trading market.
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Kaohoon International
Asia Stocks Plunge amid Rising Tension in Middle East, Oil Reaches $70!
Asia Stocks Plunge amid Rising Tension in Middle East, Oil Reaches $70!
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Breaking News
Oil Price Surges 4% After the Report of the Attack in Baghdad!
Oil prices rocketed in the Asian trading this morning reached to 4% after the death of Iranian high-ranking commander.
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Kaohoon International
Saudi Confirms a Full Recovery of Oil Production by End of November!
Saudi Arabia will fully recover the missing 5.7 million barrels of oil production capacity per day from the attack in September by the end of November.
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Kaohoon International
Oil Price Falls 4% after OPEC Gathering amid Growing Concern of Weak Demand!
OPEC and its allies had agreed to extend their oil cut by another nine months to support oil prices amid a weakening global economy.
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Kaohoon International
Philly Oil Refinery to Shut Down Permanently! Oil Price Tends to Increase even Further!
Philadelphia Energy Solutions Refinery is unable to recover and announced to shut down permanently. Could the shutdown lead to a longer hike in oil price?
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Kaohoon International
Crude Oil Ramps Higher, Surging over 6% as the Tension of U.S. and Iran Increases!
WTI went up $2.89, or 5.4%, to $56.65/bbl, surging as much as 6% in the session while the global benchmark, Brent crude, gained $2.79 or 4.5% to $64.61/bbl.
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Kaohoon International
Oil Surges 4% after the Report of Tanker Incident, Some Suspect U.S. Involvement!
The explosion of tankers leads to a sharp gain of Brent to increase 4.45% to trade at $62.64/bbl while WTI hikes almost 3.83% to trade at $53.1/bbl.
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Kaohoon International
Asia Markets Tremble after Oil Price Declines 5% and Dow Plunges 300pts. Overnight!
The negative sentiment overnight hit Asia markets in the next trading day, causing a volatility session in the morning of May 24.