Commodity news, Oil & Gold News
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Oil prices rise amid optimism about global economic growth prospects for 2025.
Crude oil prices witnessed a noticeable increase today, Friday, driven by optimism in the markets regarding global economic growth this year, which enhances expectations for an increase in crude oil demand..
Friday 03 January 2025 04:20pm | Source: ArabicTrader -
Breaking: US oil inventories decline less than expected.
Data released by the U.S. Energy Information Administration on Friday showed negative results for American oil inventories for the week ending December 27, as the figures came in lower than market expectations. Oil..
Thursday 02 January 2025 04:04pm | Source: ArabicTrader -
U.S. oil production reaches 13.46 million barrels in October.
Data from the U.S. Energy Information Administration released on Tuesday indicated that U.S. crude oil production rose by 260,000 barrels per day compared to September, reaching 13.46 million barrels per..
Wednesday 01 January 2025 06:59am | Source: ArabicTrader -
Baker Hughes: Stability in the number of U.S. oil drilling rigs this week.
Data released by American energy company Baker Hughes on Friday showed that the total number of U.S. drilling rigs remained stable in the week ending December 20 at 483 rigs. This came after the number..
Friday 27 December 2024 07:02pm | Source: ArabicTrader -
Market Summary Today: Severe losses for U.S. stocks as bonds and oil rebound..
A red wave dominated American stocks on Friday as investors leaned towards risk aversion during a short trading week due to year-end holidays, while oil and bonds benefited from geopolitical developments,..
Friday 27 December 2024 06:28pm | Source: ArabicTrader -
Urgent: U.S. oil inventories decline more than expected.
Data released by the U.S. Energy Information Administration on Friday showed positive results for U.S. oil inventories for the week ending December 20, as the figures were better than market expectations..
Friday 27 December 2024 06:02pm | Source: ArabicTrader -
Breaking: U.S. gas inventories fall less than expected last week.
Data from the U.S. Energy Information Administration, released on Friday, showed a decrease in U.S. natural gas inventories, which fell by 93 billion cubic meters during the week ending December 20, less..
Friday 27 December 2024 03:31pm | Source: ArabicTrader -
European gas contracts jump 4% following Putin's warnings today.
European natural gas futures prices rose by more than 4% during trading on Friday after Russian President Vladimir Putin expressed doubts about the likelihood of a new agreement for the delivery of Russian..
Friday 27 December 2024 02:18pm | Source: ArabicTrader -
Vladimir Putin expects gas prices to rise in Europe.
Russian President Vladimir Putin predicted on Thursday that natural gas prices would rise in Europe due to the anticipated suspension of transport and transit through Ukrainian territory after the New..
Thursday 26 December 2024 06:48pm | Source: ArabicTrader -
Oil prices rise today supported by China's decisions.
Oil prices rose during trading on Thursday amid low trading volumes due to the ongoing year-end holiday. However, decisions from China and preliminary data from US oil inventories helped oil to expand..
Thursday 26 December 2024 11:39am | Source: ArabicTrader -
Gold rises today despite the holiday, trading above $2,620.
Gold prices rose during trading on Thursday despite low trading volumes on the yellow metal due to the year-end holiday; however, gold maintained trading above the level of $2,620 per ounce. Current gold..
Thursday 26 December 2024 09:20am | Source: ArabicTrader -
Novak: Russia is ready to supply gas to Europe through several different routes.
During his talk on Wednesday morning, Russian Deputy Prime Minister and former Energy Minister Alexander Novak confirmed that Russia is prepared to resume gas supplies to Europe through several different..
Wednesday 25 December 2024 11:11am | Source: ArabicTrader -
Qatar threatens to halt gas supplies to Europe after the European Union imposes..
The American political newspaper Politico published a report stating that Qatar has warned the European Union that it will stop exporting liquefied natural gas to the bloc if the EU imposes new sanctions..
Monday 23 December 2024 02:06pm | Source: ArabicTrader -
Urgent.. American gas inventories decrease less than expected last week.
Data from the U.S. Energy Information Administration, released today Thursday, showed a decrease in U.S. natural gas inventories, which fell by 125 billion cubic meters during the week ending December..
Thursday 19 December 2024 03:33pm | Source: ArabicTrader -
Urgent: US oil inventories worse than market expectations!
The data released by the U.S. Energy Information Administration today, Wednesday, showed negative figures for U.S. oil inventories for the week ending December 13, as the numbers came in worse than market..
Wednesday 18 December 2024 03:31pm | Source: ArabicTrader