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U.S. natgas on track for highest close since 2008 on rising heating demand

  • 11 April, 2022
  • 5:44 pm EEST

Because of rising heating demand, the price of natural gas in the United States is set to reach its highest level since 2008. On Monday, U.S. natural gas futures rose about 5%, putting the contract on track for its highest…

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Gold prices rise with fears of an escalation of the situation in Ukraine

  • 11 April, 2022
  • 2:11 pm EEST

Gold prices rose during trading on Monday, supported by the uncertainty about the Russian-Ukrainian war, in addition to the closures in China to control the Corona virus. The US Treasury bond yields and the high dollar deprived the yellow metal…

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Oil prices are down 2%, and Brent crude is near $ 100

  • 11 April, 2022
  • 12:09 pm EEST

Oil prices fell about 2% during trading on Monday, amid the market's anticipation of the liberation of the strategic oil reserves announced by the member states of the International Energy Agency, with the continued closures in China due to the…

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Russian coal ban threatens to raise electricity prices in Europe Russia could lose revenue of nearly $4.4 billion

  • 08 April, 2022
  • 5:42 pm EEST

Although Europe's decision to ban Russian coal will affect a major source of Moscow's revenue, it risks soaring electricity prices on the old continent, amid tight global supplies. The European Union on Friday formally adopted the fifth package of sanctions…

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Sterling falls against the euro following the release of ECB minutes.

  • 07 April, 2022
  • 5:50 pm EEST

Sterling falls against the euro following the release of ECB minutes. Sterling fell against a stronger euro on Thursday, as the minutes of the European Central Bank's March meeting were more hawkish than expected. At their March 10 meeting, ECB…

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