Tag: energy
Gas shortage in Europe again!Gas surges 20%, Germany urges energy conservation, Russia: None of my business
European gas prices surged on Thursday after Russia cut supplies to the continent for "technical" reasons. Front-month Dutch gas, the European benchmark, jumped 21.5 per...
First rate hike in seven years!The Swiss National Bank unexpectedly raised interest rates by 50 basis points
The Swiss National Bank raised interest rates for the first time in seven years and said it could not rule out further increases in...
Biggest push since 1994!The Fed raised interest rates by 75 basis points on schedule with a strong commitment to lower inflation
As markets expected, the Federal Reserve raised interest rates the most aggressively in nearly three decades to curb high inflation. On Wednesday June 15th the...
Us stocks and us bonds rebounded strongly after the Fed raised interest rates by a large margin
In June, the Federal Reserve's FOMC raised interest rates by 75 basis points, the largest increase in nearly three decades since 1994, to levels...
The Oil Price Rally Shows No Sign Of Slowing
The U.S. national average for gasoline hit $5 per gallon last week, the highest ever. Brent crude is trading at $120 per barrel and...
Oil Climbs Back To Nearly $123
Bearish sentiments on oil demand coming from renewed COVID lockdowns in China that shaved $4 off oil prices early on Monday failed to maintain...
Crude oil likely to remain volatile ahead of US Fed meeting; $110-125 per barrel range eyed
Crude oil and gasoline prices have been a hot topic for almost everyone recently as the basket of crude oil that India buys has...
Crude Oil Price Forecast – Crude Oil Markets Pull Back
WTI Crude Oil Technical AnalysisWest Texas Intermediate Crude Oil markets pulled back a bit during the trading session on Monday as the $120 level...
Turkish lira slips again; Nebati says rates to stay put
ISTANBUL, June 6 (Reuters) - Turkey's lira slid to beyond 16.55 against the dollar on Monday, bringing its losses to more than 20% this...
Analysis: Sterling traders see Johnson emerging weaker from confidence vote
June 6 (Reuters) - The pound firmed on news of the confidence vote against British Prime Minister Boris Johnson, betting he will emerge weakened...
Erdogan says May figures show inflation is on downward trend
ANKARA (Reuters) - Turkish President Tayyip Erdogan said on Sunday that inflation figures from the month of May, when annual consumer prices jumped to...
Russian oil output faces long-term decline as Western firms exit, Chevron CEO says
Russia still has buyers for much of its oil despite sanctions but will face difficulty overcoming the loss of western technology and capital, as...