Oil prices extended their gains to more than 7% during Thursday's trading, with US crude breaking the $102 per barrel barrier, amid fears of a supply shortage. Crude's performance follows warnings from the International Energy Agency that markets could lose…
Continue ReadingEuropean Forex news roundup: Dollar weakens, pound rises alongside BOE The market had some mixed tones in the session as we continue to digest the post-Fed sentiment, while Russia-Ukraine talks are also ongoing. The dollar has yet to really take…
Continue ReadingOil prices fell more than 7% in trading today, Tuesday, to record Brent crude, the level of $ 99 a barrel, with the release of the monthly OPEC report. OPEC kept estimates of global oil demand and supply growth unchanged…
Continue ReadingGold prices are down $24, the biggest drop in a week Gold prices fell more than $24 in trading on Tuesday, the largest drop in a week, supported by a rise in US Treasury yields. The decline comes as investors…
Continue ReadingThe EIA predicts that US natural gas production will continue to rise until 2050. According to the US Energy Information Administration, US natural gas production is expected to increase through 2050 due to rising demand from US natural gas exports,…
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