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Oil prices rise 2%, and Brent crude is above $111

  • 01 July, 2022
  • 4:21 pm EEST

Oil prices rose by more than 2%, during trading today, Friday, July 1, 2022, to compensate for most of the losses witnessed in the previous session. The rise came after it eased during morning trading, as supply disruptions in Libya…

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Gold prices are marginally declining and heading to record monthly and quarterly losses

  • 30 June, 2022
  • 3:32 pm EEST

Gold prices marginally declined during trading today, Thursday, June 30, 2022, and are heading to record the worst quarterly performance since early 2021. The strong performance of the dollar has kept investors away from bullion, amid moves by major central…

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Investors are concerned about inflation, even Us yields are falling.

  • 29 June, 2022
  • 6:15 pm EEST

Investors are concerned about inflation, even Us yields are falling. Treasury yields in the United States fell for the second day in a row on Wednesday, as the market remained concerned about the Federal Reserve's ability to control inflation without…

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Russian oil cost rises as G-7 summit prepares to cap prices

  • 29 June, 2022
  • 2:52 pm EEST

The summit of the Group of Seven industrialized countries ended yesterday, Tuesday, June 28, by agreeing to consider setting a ceiling for the price of Russian oil as part of its efforts to pressure Russia and its retreat from the…

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Global energy consumption will exceed pre-corona levels in 2021

  • 28 June, 2022
  • 4:08 pm EEST

Global energy consumption increased by 5.8% over the past year (2021), to exceed pre-corona epidemic levels, with the recovery of economic activity. The annual statistical review issued by the British oil company BP, which was seen by the Energy Research…

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