The electricity sector in India is suffering a severe crisis in light of the shortage of stocks and weak imports of coal at a time during which the demand for electricity has increased as a result of the economic recovery…
Continue ReadingHeadlines: OPEC+ on Monday stuck to plan for gradual supply hikes U.S. crude stocks rise 951,000 barrels according to API - report Coming Up: EIA supply report, 1430 GMT Oil hit a multi-year high on Wednesday above $83 a…
Continue ReadingMarkets: NZD leads, JPY lags on the day European equities higher; S&P 500 futures up 0.5% US 10-year yields up 1.7 bps to 1.498% Gold down 0.8% to $1,756.43 WTI up 1.0% to $78.40 Bitcoin up 2.0% to $49,950 European…
Continue ReadingGold prices fell during trading today, Tuesday, with the rise in the price of the dollar, which benefited from the weak risk sentiment. This comes amid expectations that bullion will witness volatile trade in the run-up to the US jobs…
Continue ReadingOil prices rose during trading on Tuesday, reaching their highest levels in at least 3 years. Oil prices continued to reap the gains made during the previous session, after the world's major oil producers within the OPEC + alliance announced…
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