Reasons behind Saudi Arabia’s efforts to lower crude oil prices
Last month, a significant drop in Brent crude prices came after Saudi Arabia and other OPEC Plus members announced their first reductions in four years, marking the second consecutive year for this action. Many may interpret this as an effort to appease President Trump, who has emphasized the need for cheaper oil for his supporters. […]
Oil prices rise following Israeli attacks on Iranian nuclear sites
Rep. Jay Obernolte from California spoke with Maria during morning news to discuss the recent Israeli attacks on Iranian military targets and how these relate to prior warnings from Donald Trump. On Friday, oil prices surged following Israeli strikes on Iran’s nuclear installations. The U.S. West Texas intermediate price climbed about 6%, reaching $72 per […]
Dow futures drop by 400 points, oil prices surge following Israel’s attacks on Iran
Futures for Wall Street stocks dropped on Friday morning as oil prices surged amidst concerns over an expanding conflict in the Middle East, particularly after a series of Israeli airstrikes targeting Iranian military leaders and nuclear sites. The Dow Jones Industrial Average futures fell by 453 points (1.05%), settling at 42,863. Meanwhile, S&P 500 and […]
Tariffs Aren’t Increasing Prices; They’re Hurting Foreign Suppliers
Tariffs do not burden American consumers and businesses. If tariffs cause inflation then the economic data from this week would reflect that. But instead, it shows resilience and negotiation strength, almost like a surprising twist. The Consumer Price Index (CPI) stayed relatively stable in May. The headline CPI increased by just 0.1%, while core inflation—excluding […]
Trade in Gems and Precious Metals Affects Armenia’s Economy – Current Crude Oil Prices
Armenia’s Trade Turnover Plummets Armenia’s foreign trade turnover experienced a staggering 53% drop in the first four months of 2025, largely attributed to a sharp decline in the import and export of gemstones and precious metals, particularly diamonds and gold. For this period, Armenia’s total trade volume was reported at $6.3 billion, according to data […]
Wholesale prices rise less than anticipated before next week’s Fed meeting
Wholesale prices in the U.S. have seen a slight increase since last month, but inflationary pressures appear to be under control. The Labor Bureau reported that producers’ price indexes—a measure of inflation experienced by producers before it reaches consumers—rose by 2.6% year-over-year in May. From April to May, producer prices ticked up by 0.1%, following […]
Silver and platinum prices rise as investors look for alternatives to gold.
Investors are increasingly turning to silver and platinum as alternatives to the US dollar, driving prices for both metals higher. Gold, long seen as a safe haven, has experienced a remarkable surge, climbing 25% since the year began, as investors seek refuge amid ongoing global uncertainties. Interestingly, other precious metals like silver and platinum are […]
Bitcoin supporter TFTC introduces a browser extension for live BTC prices.
A media company named Commoner (TFTC), which promotes Bitcoin and Sound Money through newsletters and podcasts, introduced its “opportunity cost” browser extension on Wednesday. This tool enables users to see online prices in Bitcoin (BTC) or SAT. Marty Bent, the founder and contributor of TFTC, highlighted three main goals for expansion. He mentioned his openness […]
Uncertainty Prevails in Copper Market Forecast – Today’s Crude Oil Prices
Copper Market Overview: June 2025 Copper prices exhibited slight upward movement from May to June, revealing a period of stability amidst ongoing volatility within the market. As of June 9th, prices had increased by about 10 cents compared to the start of June, indicating some cautious optimism, even if the overall trend remained somewhat flat. […]
Trump supporters feel the impact of rising prices in stores, with some attributing it to tariffs.
Shoppers tend to express their opinions through their spending habits. Even some who voted for President Trump are finding it hard to justify rising prices linked to his trade policies, according to reports. A long-distance truck driver from Los Angeles, referred to as Omar, shared that his family encouraged him to support Trump during the […]