Oil and gold prices boosted on Thursday; Why’s that?
Oil and gold prices boosted on Thursday; Why’s that?
Oil prices increased on Thursday, recovering early losses, as crude stockpiles in the United States, the…
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oil prices
Gold and silver increases while oil dips
Gold and silver increases while oil dips
The precious metal prices increased on April 21. On Multi Commodity Exchange, gold futures rose by 0.4%, while the white…
Oil prices boosted, as the U.S. dollar hit six-week low
Oil prices boosted as the U.S. dollar hit a six-week low
Oil prices grew, supported by a weaker U.S. dollar. Still, gains were capped by concerns about the impact…
Brent oil declined in Asia as the U.S. dollar strengthened
Brent oil declined in Asia as the U.S. dollar strengthened
According to the latest news, Brent oil declined in Asia as the U.S. dollar strengthened. Oil resumed…
World’s biggest oil firm Saudi Aramco suffered a 44% plunge
World’s biggest oil firm Saudi Aramco suffered a 44% plunge
Oil companies suffered during the last year due to significantly reduced consumer demand. Saudi Aramco…
Oil Prices are not Likely to Enter a Supercycle
Oil prices are not likely to enter a supercycle
According to the International Energy Agency, oil prices are not likely to enter a supercycle. In other words this…
Oil prices dipped after Brent hit $70 a barrel
Oil prices dipped after Brent hit $70 a barrel
Oil prices declined after Brent reached $70 a barrel as data unveiled an intensifying economic recovery in China,…
Weekly news summary for February 19 to 25
Weekly news summary for February 19 to 25
Friday, Feb. 19, 2021: Eurozone PMI Slightly Improves in February
Europe's business activity showed a slight improvement…
Weekly news summary for February 12 to February 18
Weekly news summary for February 12 to February 18
Friday, Feb. 12, 2021: UK Economy Contracts by the Most in 300 Years
The UK economy declined by the most in 300…
Weekly news summary for February 5 to 11
Weekly news summary for February 5 to 11
Friday, Feb. 5, 2021: Oil Prices Close in on $60
Oil prices traded near $60 per barrel for the first time in a year on…
Crude Oil Rose a Bit During the Session on Friday
Crude Oil Rose a Bit During the Session on Friday
The WTI oil market rallied at the beginning of Friday's trading session. However, it later gave up some of the…
Weekly news summary for January 29 to February 4
Weekly news summary for January 29 to February 4
Friday, Jan. 29, 2021: Heavily-Shorted Stocks Rise on Restriction Lift
GameStop, AMC Entertainment, and Blackberry…
Weekly news summary for January 22 to January 28, 2021
Weekly news summary for January 22 to January 28, 2021
Friday, Jan. 22, 2021: Eurozone PMI Falls Further into Contraction
The Eurozone economy slipped further into…
Weekly news summary for January 15 to January 21
Weekly news summary for January 15 to January 21
Friday, Jan. 15, 2021: Biden's Stimulus Plans Fail to Fuel Global Stocks
US President-elect Joe Biden's $1.9…
Weekly news summary for January 8 to January 14
Weekly news summary for January 8 to January 14
Friday, Jan. 8, 2021: Risk Assets' Broad Global Rally Continues
Risk assets' global rally continued on Friday, with…
Weekly news summary for January 1 to 7, 2021
Weekly news summary for January 1 to 7, 2021
Friday, Jan. 1, 2021: Bitcoin Hits New Record Highs Against USD and Gold
Bitcoin's price reached another all-time high…
Weekly news summary for December 25 to December 29, 2020
Weekly news summary for December 25 to December 29, 2020
Friday, Dec. 25, 2020: Air Canada Boeing 737 MAX Encounters Engine Issue
Air Canada said on Friday one of…
Weekly news summary for December 18 to 22, 2020
Weekly news summary for December 18 to 22, 2020
Friday, Dec. 18, 2020: Copper Posts Highest Level Since January 2013
Copper posted its highest in nearly eight…
Oil Prices Drop as the New Covid-19 Strain Spooks Markets
Oil Prices Drop as the New Covid-19 Strain Spooks Markets
Oil prices decreased at the beginning of this week. It is a result of a new strain of the Covid-19 in the…
Weekly news summary for December 11 to December 17, 2020
Weekly news summary for December 11 to December 17, 2020
Friday, Dec. 11, 2020: US Allows Emergency Use of Pfizer/BioNTech Vaccine
The US Food and Drug…
