Tag: Middle East
Weekly Overview: Forex, Stocks, Crypto, Commodities May 13
Global markets and trends change every day. Several big influencers cause price movements every second. How are you doing this week in Forex, Stocks,...
Why the Europe and US Can’t Control Crypto Alone?
Crypto detains lawmakers on both sides of the Atlantic. They need to work together - and in this regard, with other legislators worldwide. A...
Oil extends retreat as China’s Covid crisis grows
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...
Diesel shortage signals slow economic growth in Europe
European countries currently grapple with the risk of a diesel shortfall as deeper sanctions on Russia could disrupt imports.
The heavy industry significantly relied on...
Sunflower oil jumps on shortages due to Ukraine war
On Wednesday, sunflower oil prices significantly jumped after Russia's invasion of Ukraine halted worldwide supply.
Accordingly, contracts tied to the Black Sea commodity surged 9.56%...
Wheat prices steps higher on supply worries
Wheat prices gained pace on Tuesday as the escalating Russia-Ukraine war heightened concerns over global supplies.
US futures tied to the grain edged up 2.98%...
Brazil Unable to Add Oil to The Market Any Faster
Brazil aims to progressively increase its oil and gas output by 3 million barrels per day. However, it won't be able to do it...
Winter Storm and its Impact on Oil Prices
There are numerous factors that have the potential to affect oil prices. Interestingly, oil prices rose on Friday, extending sharp gains in the previous...
Oil Prices Declined Due to U.S. Payrolls Data
Oil prices suffered losses on Thursday following weak U.S. payrolls data as well as some profit-taking. Still, they remained supported by tight supply as...
Oil Prices Declined On the First Day of February
Oil prices fell on Tuesday, staying close to a seven-year high hit last week, weighed by expectations of a rise in U.S. inventories, even...
Oil Prices Benefited From Political Tensions
There is no lack of factors that have the potential to affect oil prices. Oil prices rose on the last day of the month...
Gold Fell on Thursday But What About Other Precious Metals?
The price of gold or yellow metal, as some people call it, declined on Thursday morning in Asia, extending its losses after falling the...
What is the Connection Between Oil Prices and Tensions?
On Tuesday, oil prices rose, recovering some of the previous day’s losses. Interestingly, oil prices rose as growing tensions over Ukraine and the Middle...
Geopolitical Risks Helped to Boost Oil Prices
Oil prices benefited from tensions around the world. Prices rose on Monday on worries regarding supply disruption amid concerns about Russia-Ukraine discord and rising...
Oil Prices Dropped As Investors Took Profits
Oil prices declined on Friday, after rising to seven-year highs this week. Oil prices fell on Friday after an unexpected rise in U.S. crude...