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South Korea faces oil prices with higher fuel tax cuts

  • 05 April, 2022
  • 2:59 pm EEST

South Korea has taken new measures to counter the inflation caused by high oil prices, by increasing the fuel tax cuts that began in November for a period of 6 months and intends to extend them for another 3 months.…

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Oil prices rise more than 3%, and Brent crude is above $107

  • 04 April, 2022
  • 6:17 pm EEST

Oil prices rose more than 3% during Monday's trading, with Brent crude trading above $107, with concerns about a tight supply continuing. This comes despite investors' aspiration to free supplies from strategic oil reserves from consuming countries and the armistice…

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Gold prices rise by 11 dollars, with anticipation of the situation in Ukraine

  • 04 April, 2022
  • 2:24 pm EEST

Gold prices rose in trading on Monday, with anticipation of the situation in Eastern Europe, amid expectations of imposing more sanctions on Russia, which supported the precious metal, which is considered a safe haven against geopolitical tensions. Gold prices started…

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Venezuela’s March oil exports slip amid struggles with returned cargoes

  • 01 April, 2022
  • 5:58 pm EEST

Venezuela's March oil exports slip amid struggles with returned cargoes Venezuelan petroleum exports fell about 4% in March compared to the previous month as the country's state-run oil company dealt with crude cargoes returned by customers due to poor oil…

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German bond yields rise as attention shifts to Ukraine and US job data.

  • 01 April, 2022
  • 2:51 pm EEST

German government bond yields rose on Friday, following their biggest monthly jump in years in March, on expectations of rising inflation and tightening monetary policy. Some analysts believe Germany's 10-year yield will remain near current levels in the short term,…

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