Record losses oil producing countries’ currencies versus Dollar
On a Monday marked by lower than usual trading activity, due to the holiday in Britain, Hong Kong and Australia, ...
Tag: OPEC
Gold and Oil 09/04/2020
Gold’s spot price rebounded on the support level of $1,640, thereby confirming the recent positive mode. The bullion price soared to ...
Oil price jumped rapidly and waiting for deal to happen
Once again, a tweet of Donald Trump was enough to generate a huge speculative move on the markets, with oil ...
Oil price remain drowned by growing expectation of huge oversupply
Oil attempted to rebound earlier this morning but despite these dramatically volatile times, the price remains drowned by growing expectation ...
Investors regain confidence after President Trump promise to boost economy
Shares edged higher in Europe this morning pursuing the trend established overnight by Asian equity markets as a wind of ...
Bear market on sight
It was a perfect storm that hit Wall Street at the end of Sunday, when it was clear that there ...
Oil markets also oil currencies as well as energy shares decline everywhere
Stock markets across the globe witnessed one of the most dramatic crashes after a breakdown between two of the largest ...
Oil price spike as reaction of US attack Iran
Oil’s reaction to the US attack on Iran is not a big surprise. The price is spiking with WTI skyrocketing ...
Oil price dancing around while investor waiting for new market movers
The oil price is continuing its dance close to the key level of $59, while investors are waiting for new ...
Strong will of cutting production with subsequent reaction to oil price
Oil is consolidating after the rally seen last week. OPEC’s meeting brought a relative strong will of cutting production from ...
