Bulgaria is looking to join forces with Greece, Serbia and North Macedonia to create a single gas market, in order to improve diversification of natural gas supplies, in light of the rise in European gas prices to record levels. Southeast…
Continue ReadingOil prices rose again by more than 1% during trading on Thursday, with Brent crude rising above $92, in a volatile session, with the release of the monthly OPEC report. Crude prices turned lower earlier in trading, with a noticeable…
Continue ReadingEuro zone inflation doesn't require significant policy tightening, ECB's Lane says As pandemic-related bottlenecks in goods and labor are removed, euro zone inflation will return to trend without considerable policy tightening by the European Central Bank, according to the ECB's…
Continue ReadingGold prices fell in trading today, Thursday; Investors are cautiously awaiting US inflation data that may provide new clues about the pace of monetary tightening by the Federal Reserve. And gold prices ended their trading on the rise, yesterday, Wednesday;…
Continue ReadingOn Wednesday, Romania's central bank raised its key interest rate by more than expected, predicting that inflation will hit double digits in the second quarter, fueled by rising energy prices, and will remain above goal for longer. The bank increased…
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