Oil Is Above $100 a Barrel for the First Time Since 2022. Here's Why Artificial Intelligence (AI) Investors Should Care.
2 Articles
2 Articles
Oil Is Above $100 a Barrel for the First Time Since 2022. Here's Why Artificial Intelligence (AI) Investors Should Care.
Key PointsOil and natural gas are rising amid the geopolitical conflict unfolding in the Middle East.Energy is vital to the world economy, and higher prices could cause major disruptions, even to AI.10 stocks we like better than Nvidia › Nvidia (NASDAQ: NVDA) is the poster child for the artificial intelligence (AI) industry. Its chips are the "brains" that make AI function. However, AI doesn't live in a vacuum. With rising oil and natural gas pr…
Oil prices rose on Friday and reached their highest level in almost four years, as Iraq declared force majeure in all oil fields developed by foreign oil companies and the war with Iran intensified, with the United States about to deploy additional troops in the Middle East. Brent's futures for May won $3.54, or $3.26%, at $112.19 per barrel, the highest level since July 2022.The futures of the US WTI for April rose $2.18, or $2.27%, to $98.32.T…
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