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Gold prices are declining and heading for weekly gains

  • 14 April, 2022
  • 2:11 pm EEST

Gold prices fell in trading on Thursday, with the stability of high-risk assets, but the precious metal is still heading towards achieving a second consecutive weekly gain, driven by the safe haven demand caused by the Ukrainian crisis and the…

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The Canadian dollar recovers from a four-week low as investors assess US inflation data.

  • 12 April, 2022
  • 5:59 pm EEST

The Canadian dollar recovers from a four-week low as investors assess US inflation data. On Tuesday, the Canadian dollar edged higher against the US dollar, recovering from its lowest level in nearly four weeks, as oil prices rose and US…

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Shell resumes operations of the world’s largest floating LNG plant

  • 12 April, 2022
  • 2:44 pm EEST

Today, Shell International resumed shipment of liquefied natural gas (LNG) from the Prelude facility, the world's largest floating LNG terminal, located off northwest Australia, after a 4-month shutdown due to a major blackout. A Shell spokesman said that a shipment…

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U.S. natgas on track for highest close since 2008 on rising heating demand

  • 11 April, 2022
  • 5:44 pm EEST

Because of rising heating demand, the price of natural gas in the United States is set to reach its highest level since 2008. On Monday, U.S. natural gas futures rose about 5%, putting the contract on track for its highest…

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Gold prices rise with fears of an escalation of the situation in Ukraine

  • 11 April, 2022
  • 2:11 pm EEST

Gold prices rose during trading on Monday, supported by the uncertainty about the Russian-Ukrainian war, in addition to the closures in China to control the Corona virus. The US Treasury bond yields and the high dollar deprived the yellow metal…

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