BTC/WTI

As the monetary policy tightens, it will drive down economic activity, thereby driving down the need for crude oil. This has been what’s been priced into the market for a while now, but it is worth noting that somewhere near the $72.50 level there seems to be a hell of a lot of buying, or at least a lot of support. If we were to break down below the $72.50 ...

Turkey’s energy infrastructure has suffered severe damage from the two earthquakes that shook Turkey and neighbor Syria yesterday, killing more than 3,000 people, according to the country’s government. The first 7.7-magnitude quake damaged a big port on the Mediterranean, Turkey’s Energy and Natural Resources Minister Fatih Donmez said, as quoted by news ...