Oil falls due to global economic fears, ahead of the EU decision on Russia’s oil ban Oil prices fell on Monday, along with Asian stock markets, on worries of a worldwide recession reducing oil consumption, with investors eyeing European Union
Supply fears continue, oil prices climb, despite stock market declines Crude prices rose for the third day in a row on Friday, shrugging aside concerns about global economic growth as fears about tighter supply supported prices ahead of an imminent
Opec+ expects a minor increase in oil production as demand dented by China Covid-19 rules Opec+ members are anticipated to agree on a small rise in oil output on Thursday (May 5), boosted by threats to demand due to coronavirus
Gold falls as rates rise ahead of the Fed’s rate hike decision Gold prices dropped on Wednesday as increased US Treasury rates and the Federal Reserve’s anticipated interest rate rise announcement dampened demand for zero-yield metal. As of 0217 GMT,
Gold and silver prices have fallen by more than 2% due to high volatility The precious metal market has been hammered by a perfect storm of market volatility, rising bond rates, and a strong US currency, sending gold and silver
Germany: It’s ‘realistic’ to stop using Russian oil by the end of the summer Germany claims to be making extra effort to disassociate itself off Russian fossil resources, , estimating that it will be completely independent on Russian crude oil
Oil prices are falling as China’s economic slowdown has a negative impact on demand Oil prices fell on Friday as China’s COVID-19 lockdowns weighed on the outlook for petroleum demand; though supply disruption fears fueled by Western sanctions limiting Russia’s
Gold is near a two-month low due to a stronger dollar & the possibility of a rate hike in U.S.A In Asia on Thursday morning, gold was down, hitting a two-month low. The yellow metal’s demand was harmed by
Oil continue gains on Russia-Europe tension as hopes for Chinese support Oil prices rose further in early Asian trade on Wednesday as geopolitical tensions remained high, with Russia warning of gas supply cuts to Poland and Bulgaria, while hopes
On aggressive Fed comments, XAUUSD revives briefly from $1,900, but expects downside to $1,880 After a massive negative move, gold (XAU/USD) is showing a dead cat bounce around approximately $1,900. After failing to hold above the round level support of
As a result of the Shanghai lockdowns, oil prices are continuing to fall Oil prices fell further on Monday, owing to concerns that continued COVID-19 lockdowns in Shanghai and expected rate hikes in the United States would stifle global
Gold is expected to fall for the first time in three weeks as rates and the currency rise Gold prices remained flat on Friday, weighed down by the dollar’s resilience and the increase of US Treasury yields, putting bullion on
The allure of gold futures is dwindling as bond yields rise On Wednesday, gold futures dipped marginally as traders evaluated forecasts of tighter Fed monetary policy and higher yields. Gold futures in the United States fell 0.07 percent to $1,957
Despite timid drillers, US oil production is increasing A couple of recent predictions have predicted significant improvements in U.S. shale oil output this year, igniting confidence in an industry that has maintained a culture of discipline and caution for the
Gold is slipping lower, although it is holding up well in comparison to the USD’s recent highs So far, the gold price has remained unchanged for the day as markets consolidate the upward. The gold price is currently trading
On the Ukraine situation worsens, oil prices climb due to supply concerns Oil prices increased on Monday as fears of tighter global supply grew, with the developing crisis in Ukraine raising the risk of more penalties from the West
Crude oil falls, but it is on track for strong weekly gains After the revelation of a larger-than-expected rise in US oil stockpiles, oil prices dropped Thursday, giving back some of the week’s high gains in weak holiday-affected trade.US crude
XAUUSD pressuring the bears near daily resistance ahead of ECB The gold price (XAUUSD) is striving to rise and is approaching the recent highs set on Wednesday at $1,980. The US dollar is behind on Thursday after dipping overnight as
