Iran Archives

Binance Support: Strengthening Global Security Effort

Leave a Comment / Cryptocurrencies / By Sharon Bloom

In the ever-evolving landscape of cryptocurrency, Binance support has emerged as a crucial player in maintaining the integrity and security of the global blockchain ecosystem. Recent events have underscored Binance’s commitment to safeguarding the crypto space against illicit activities. This article delves into two facets of Binance’s proactive involvement: collaborating with law enforcement agencies and …

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Trading Crude Oil Amidst Geopolitical Uncertainty

Leave a Comment / Commodities / By Sharon Bloom

Trading crude oil has always been a dynamic and sensitive endeavour, influenced by many geopolitical factors and market dynamics. Recently, crude oil prices experienced a spike in the aftermath of a significant Hamas attack on Israel. However, while the initial reaction seemed dramatic, a closer look reveals a more complex picture that traders must navigate …

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Weak commodities indicators: Oil prices fall 3%

Leave a Comment / Commodities, Economy, News / By Chloe Wilson

On Tuesday, oil prices fell to their lowest level since late March. According to the disappointing Chinese economic data, predictions of interest rates rose significantly. The US Federal Reserve and the European Central Bank (ECB) expressed concerns about sufficient supply this week. Brent crude slid $2.41, or 3.04%, to $76.90 a barrel by 1404 GMT. …

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Weekly Market Overview: Forex, Stocks, Crypto, Commodities

Commodities feed: Non-oil trade exceeds $6.7 billion

Leave a Comment / Commodities, News / By Chloe Wilson

The export went down in the first month of the current Iranian calendar year (March 21-April 20). The value of Iran’s non-oil trade was $6.732 billion. Compared to the previous year, the country exported 10.471 million tons of non-oil products worth $3.645 billion. It shows a 12.93 percent decrease in value and a 17.76 percent …

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Oil rose for a third-straight session

Leave a Comment / Commodities / By anne smith

Oil advanced for a third session as a pause in some exports from Iraqi Kurdistan fueled fears of a tightening supply and, as fears of a global banking crisis faded, supported challenges in broader markets. The Iraqi government in Baghdad has halted the export of 450,000 barrels of oil per day from the semi-independent Kurdistan …

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As Rate Hikes Loom, Oil Prices Fall

Leave a Comment / Commodities / By anne smith

Oil prices declined on Monday. Reversing earlier gains, as expectations for increased Chinese demand and rising Middle East tensions over an Iranian drone attack were partially offset by impending interest rate increases by major central banks and indications of robust Russian exports. Brent crude oil was down 29 cents, or 0.3%, to $86.37 per barrel, …

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Oil Prices Are Rising

Leave a Comment / Commodities / By anne smith

Oil Prices Are Rising Oil futures rose on Tuesday, supported by signs that China may relax COVID-19 restrictions following protests that sent crude prices tumbling the previous session. Early on Monday, oil prices dropped sharply. They briefly wiped out their gains from 2022, as protests in China over the country’s stringent COVID-19 restrictions sparked worries …

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Oil Has Dropped Below $2 per Barrel

Leave a Comment / Commodities / By anne smith

Oil Has Dropped Below $2 per Barrel Oil futures fell more than $2 a barrel on Monday. WTI hit an 11-month low as demand picked up as protests against tough COVID-19 regulations hit top importer China. Brent crude fell $2.16, or 2.6%, to $81.47 per barrel at 0230 GMT after falling to $81.161 earlier in …

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Putin Mobilizes More Soldiers, Oil Prices Surge

Leave a Comment / Commodities / By John Marley

Oil prices rose more than 2 percent on Wednesday after Russian President Vladimir Putin announced a partial military mobilization that escalated Ukraine’s civil war and raised concerns about falling oil and gas supplies. After losing $1.38 the day before, Brent oil futures increased $2.28, or 2.5%, to $92.90 a barrel at 0707 GMT. U.S. West …

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OPEC+ Meeting Pushes Oil Prices Up

Leave a Comment / Commodities / By John Marley

On Monday, oil prices increased by more than $2 a barrel as investors anticipated potential actions by OPEC+ producers to reduce output and boost prices at a meeting later in the day. After climbing 0.7% on Friday, Brent oil futures increased by $2.43, or 2.6%, to $95.45 a barrel at 0850 GMT. After rising …

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Crude oil prices rebound as supply concerns linger

Leave a Comment / Commodities / By John Marley

On Thursday, crude oil prices recovered from a three-week low in the previous session as concerns over tight supplies still clouded the market outlook. Brent oil futures edged up 1.19% or 1.20 points to $102.20 per barrel. The international benchmark gained its pace from a slump of 5.22% to $101.07 per barrel yesterday. Then, US …

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Oil extends retreat as China’s Covid crisis grows

Leave a Comment / Commodities / By John Marley

On Monday, oil prices skidded as investors tracked a worsening Covid-19 outbreak in China. Brent Crude futures declined 0.39% or 0.32 points to $104.05 per barrel. The international benchmark extended a drop of 0.85% to $103.50 per barrel yesterday. Likewise, US West Texas Intermediate lost 0.60% or 0.57 points to $98.70 per barrel. It followed …

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After The Ukraine Crisis, China Reaches Out To Its Asia

After the Ukraine Crisis, China Reaches out To Its Neighbors

Leave a Comment / Economy / By John Marley

The Ukraine issue is straining China’s ties with the US and the rest of the West; hence, Beijing has turned its attention to mending wounds with its neighbors. According to analysts, China’s diplomatic frenzy in the last two weeks demonstrates the importance of its neighbors in Beijing’s relationship hierarchy. Following a hectic tour of India, …

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Oil on a higher move on slow Russia-Ukraine talks

Leave a Comment / Commodities / By John Marley

Oil prices edged up on Friday after the slim progress in Russia and Ukraine peace talks raised the possibility of continued disruption to crude supply. Subsequently, the Brent crude futures increased 1.24% or 1.32 points to $107.96 per barrel. The international benchmark surged nearly 9.00% on Thursday, the most significant percentage gain since mid-2020. Likewise, …

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Crude oil prices bounce up amid supply worries

Leave a Comment / Commodities / By John Marley

On Friday, crude oil prices are back in positive territory, but on course for their most significant weekly declines since November. Accordingly, Brent crude futures increased 2.82% or 3.14 points to $112.39 per barrel. The international benchmark recovered from a plunge of 1.63% to $109.33 per barrel yesterday. Likewise, US West Texas Intermediate oil contracts …

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Iran

Binance Support: Strengthening Global Security Effort

Trading Crude Oil Amidst Geopolitical Uncertainty

Weak commodities indicators: Oil prices fall 3%

Commodities feed: Non-oil trade exceeds $6.7 billion

Oil rose for a third-straight session

As Rate Hikes Loom, Oil Prices Fall

Oil Prices Are Rising

Oil Has Dropped Below $2 per Barrel

Putin Mobilizes More Soldiers, Oil Prices Surge

OPEC+ Meeting Pushes Oil Prices Up

Crude oil prices rebound as supply concerns linger

Oil extends retreat as China’s Covid crisis grows

After the Ukraine Crisis, China Reaches out To Its Neighbors

Oil on a higher move on slow Russia-Ukraine talks

Crude oil prices bounce up amid supply worries

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