Oil prices turned lower, during trading today, Friday, with the strength of the US currency, but crude is heading to achieve gains for the third week in a row, after a noticeable increase during the past 3 sessions. Crude prices…
Continue ReadingThe dollar hovered above a one-week low versus major peers on Friday, taking a breather after its biggest drop in almost a month overnight, as questions lingered about the fate of property developer China Evergrande Group. The yen fell to…
Continue ReadingThe high demand for electricity and its record levels pushed South Korea to raise electricity prices, amid expectations of a deficit in the country, with the start of recovery from the effects of Corona. The government-run Korea Electric Power Corporation…
Continue ReadingOil prices rose, during trading today, Wednesday, and Brent crude jumped above $ 75, affected by data issued by the American Petroleum Institute indicating a significant decrease in US oil inventories. Oil prices rose by more than a dollar to…
Continue ReadingThe gas crisis in Europe is not entirely surprising. It has been looming since at least June, when stocks began gradually declining below normal levels during the summer, and the problem has worsened with gas prices more than tripling this…
Continue Reading
