Global oil prices fell on Monday, May 9, along with stock markets in Asia, weighed by weak Chinese data and fears of a global recession that could double oil demand. Oil prices fell as investors looked ahead to European Union talks on a Russian oil embargo, which could result in an agreement that could put […]
Oil prices rose about 1% during trading today, Friday, for the fourth consecutive day, as fears of disruption of Russian supplies outweighed the closures in China, the largest importer of crude in the world, due to the outbreak of the Corona virus. Yesterday, Thursday, oil prices ended more than 3% higher, after volatile trading, with […]
Gold prices fell to the lowest level in 10 weeks, during trading today, Thursday, with the strength of the US dollar and anticipation of the Federal Reserve’s decision. Markets are awaiting the Fed’s interest rate decision; The US central bank is scheduled to hold its meeting next Wednesday, amid strong expectations of a new interest […]
German inflation has reached a four-decade high as a result of rising energy prices. In April, German inflation reached its highest level in more than four decades, fueled by natural gas and mineral oil prices that have skyrocketed since Russia’s attack on Ukraine. Consumer prices harmonised to make them comparable with inflation data from other […]
The dollar has surged to a two-year high as a result of growth concerns and rate bets. The dollar soared to a two-year high on Tuesday, while the euro fell to its lowest level since March 2020, as investors worried about the economic impact of China’s COVID-19 lockdowns and rising expectations for a major U.S. […]
Oil prices fell more than 5%, during trading on Monday, to reach the lowest level in two weeks; The shutdowns in Shanghai have fueled demand fears. Oil prices continued their losses after ending their dealings last week with a decline of about 5%, with the growing fears of the prolonged closure of the Corona virus […]
Gold prices fell more than 33 dollars, during trading on Monday, to its lowest level in 4 weeks, supported by the rise in dollar prices. Gold’s decline came after bets on the US Federal Reserve’s approach to tighten monetary policy, strengthened the dollar, and pressured demand for the precious metal. Gold Prices Today The price […]
Gold prices fell in trading today, Thursday; The recovery in US Treasury yields reduced the demand for safe haven bullion stemming from the Ukraine crisis and its potential impact on the global economy. Yesterday, Wednesday, gold prices ended their trading with a decline for the second consecutive session, hitting its lowest level in more than […]
Oil prices rose by more than 1.5%, during trading on Thursday, with the emergence of supply concerns due to a possible European Union embargo on Russian oil, days after the decline in supplies from Libya rocked the market. This comes amid tight supply fundamentals, with sentiment receiving additional support with a significant drawdown in US […]
For the fourth year in a row, India tops the lists of countries with the highest air pollution, in the “IQ Air” index for 2021, issued by the Swedish Air Quality Control Authority, which monitors air quality globally, and which indicated that South Asia is the most dangerous region. In the world. The World Health […]