Romania's central bank raises the key interest rate to 3%, predicting higher inflation. On Tuesday, Romania's central bank raised its benchmark interest rate by half a percentage point to 3%, predicting that inflation would rise faster than expected due to…
Continue ReadingSouth Korea has taken new measures to counter the inflation caused by high oil prices, by increasing the fuel tax cuts that began in November for a period of 6 months and intends to extend them for another 3 months.…
Continue ReadingOil prices rose more than 3% during Monday's trading, with Brent crude trading above $107, with concerns about a tight supply continuing. This comes despite investors' aspiration to free supplies from strategic oil reserves from consuming countries and the armistice…
Continue ReadingGold prices rose in trading on Monday, with anticipation of the situation in Eastern Europe, amid expectations of imposing more sanctions on Russia, which supported the precious metal, which is considered a safe haven against geopolitical tensions. Gold prices started…
Continue ReadingVenezuela's March oil exports slip amid struggles with returned cargoes Venezuelan petroleum exports fell about 4% in March compared to the previous month as the country's state-run oil company dealt with crude cargoes returned by customers due to poor oil…
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