Hi, welcome back!

If you like the post Share it!

BullsInvest.com is not checking the facts behind the Guest Posts of its users.

150

Follower

140

Place Stay

45

Reviews
Our Latest News
UK public sector borrowing sees second highest August on record FTSE rises
UK public sector borrowing sees second highest August on record FTSE rises

European stocks recovered some of yesterday's losses on Tuesday morning in London, as new data from the Office for National Statistics showed the UK's public sector borrowing had seen its second highest August on record.

pNetwork hacked - Over 12M USD worth of Bitcoin stolen!
pNetwork hacked - Over 12M USD worth of Bitcoin stolen!

Cross-chain DeFi platform pNetwork has been hacked on Binance Smart Chain to the tune of approximately $12.7 million worth of Bitcoin.

China's Evergrande is probably 'too big to fail': Market strategist
China's Evergrande is probably 'too big to fail': Market strategist

The thought of a Lehman Brothers-esque collapse in China sent U.S. investors running for the exits Monday.

Why Brent Johnson Santiago Capital CEO believe that Banks will Crash the Market
Why Brent Johnson Santiago Capital CEO believe that Banks will Crash the Market

Synopsis: Brent Johnson, CEO of Santiago Capital, is joined by Steven Van Metre of Steven Van Metre Financial to discuss the most pressing issues on the macro landscape. After exploring whether quantitative easing (QE) and low rates are inflationary or deflationary, Johnson and Van Metre take a deep dive into the plumbing of the Treasury market and specifically the operations of the Fed’s FOMC. Van Metre explains why he believes the Fed’s policies have actually caused banks to tighten their lending standards rather than loosen them as the Fed intended. The pair then take a look at swap lines and the Eurodollar funding market as well as the effect a credit contraction would have on the U.S. dollar. Lastly, Van Metre talks about his Real Vision journey and how the knowledge he’s gained has helped him as a financial advisor

OPEC raises forecast for 2022 growth in global oil demand

The Organization of the Petroleum Exporting Countries on Monday boosted its forecast for 2022 growth in global oil demand to 4.2 million barrels a day, up 900,000 barrels a day from its August projection. OPEC, in a monthly report, said it now expects 2022 global demand of 100.8 million barrels a day, topping pre-pandemic levels.


World oil-demand growth for 2021 was left unchanged at 6 million barrels a day. OPEC said oil demand in the third quarter has been resilient, supported by rising mobility and travel. At the same time, the increased risk of COVID-19 cases has clouded oil demand prospects going into the final quarter, resulting in downward adjustments to fourth-quarter 2021 assessments.

As a result, second-half 2021 oil demand "has been adjusted slightly lower, partially delaying the oil demand recovery into 1H22," the report said. The non-OPEC supply growth forecast for 2022 was left unchanged at 2.9 million barrels a day. OPEC trimmed its 2021 forecast for non-OPEC supply growth by 170,000 barrels a day.


Leave a Reply