Oil drops on concerns of a recessionCommodities

Oil drops on concerns of a recession

Brent crude was under $1.92, or 1.8%, to $105.59 a barrel at 1202 GMT. WTI crude dropped $1.79, or 1.7%,…

What to Watch for In the Market This WeekEconomy

What to Watch for In the Market This Week

A day after the Federal Reserve warned of decreasing liquidity in major markets, speakers from the central bank will line…

Malaysia Thinking About Cutting the Palm Oil TaxCommodities

Malaysia Thinking About Cutting the Palm Oil Tax

Plantation Industries and Commodities Minister Zuraida Kamaruddin interviewed her ministry and has already proposed the cut to the finance ministry,…

Rising Oil Prices Provide Iran Time In Nuclear TalksEconomy

Rising Oil Prices Provide Iran Time In Nuclear Talks

Iran’s religious authorities, emboldened by a jump in oil prices since Russia invaded Ukraine, are not in a rush to…

Russian Ruble Rose in Spite of Risk FactorsForex

Russian Ruble Rose in Spite of Risk Factors

The Russian ruble is under huge pressure due to the war in Ukraine. Nevertheless, the Russian currency jumped on Wednesday…

Oil increases 3% on Russian oil banCommodities

Oil increases 3% on Russian oil ban

Brent crude futures climbed $2.94, or 2.8%, to $107.91 a barrel by 0746 GMT amid thin trading volume, with China…

Exxon Up Despite Russia’s Immense WithdrawalEconomy

Exxon Up Despite Russia’s Immense Withdrawal

On Friday, the oil giant posted profits of $1.28 per share, which were lower than experts expected due to the…

The French Economy In The Q1 is Far Worse Than ExpectedEconomy

The French Economy In The Q1 is Far Worse Than Expected

According to preliminary figures released on Friday by France’s official statistics office, INSEE, consumer spending fell in the first quarter…

Libyan Supply Outage Causes Oil to Be UnstableCommodities

Libyan Supply Outage Causes Oil to Be Unstable

Brent crude was under 26 cents, or 0.23%, to $112.90 a barrel at 0643 GMT; it rose to more than…

Energy Prices Wake Output from Dead   Commodities

Energy Prices Wake Output from Dead  

More producers are answering calls for new oil supplies as U.S. prices stay past $100 per barrel, driven by Russia’s invasion…