Tag: Valley
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A recent report reveals its expectations for oil prices after the collapse of Silicon Valley
The US banking crisis cast a shadow over oil prices, following the collapse of the Silicon Valley bank, during the past few days. And with the worsening situation and increasing fears of an economic recession, crude prices fell during trading today, Wednesday, March 15 (at 07:00 pm Mecca time), by about 6%, and the price…
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Oil analysis after the collapse of the Silicon Valley bank.. Will OPEC + interfere?
Oil analysis shows that the collapse of the Silicon Valley bank left fears in global markets that prices would be affected by the crisis, which could prompt the OPEC + coalition to intervene. These fears, supported by the decline in crude oil prices for two consecutive days, pushed Brent crude to less than $79 a…
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The collapse of Silicon Valley puts pressure on oil prices.. Will they drop to $50?
It seems that the events surrounding Silicon Valley Bank are moving at a rapid pace, and their impact was evident on oil prices during today’s trading, Monday, March 13 (2023). The California-based firm grew to number 16 in the United States, catering to technology companies around the world before a series of failed investment decisions…
