Commodity news, Oil & Gold News
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Market Movement Summary: The green color dominates the scene, with Bitcoin and..
Recently, financial markets have experienced positive movements in light of the release of a number of important U.S. economic data, primarily the release of the U.S. Purchasing Managers' Index (PMI) readings..
Friday 22 November 2024 06:23pm | Source: ArabicTrader -
Goldman Sachs predicts crude oil prices in the coming years!
Goldman Sachs predicted in a research note issued yesterday, Thursday, that the average price of Brent crude will reach around $80 per barrel in 2024, despite challenges related to supply shortages and..
Friday 22 November 2024 06:01pm | Source: ArabicTrader -
Russian Deputy Prime Minister Novak: We will lift the ban on gasoline exports.
On Friday, Russia and the OPEC organization held a high-level meeting to discuss developments in the global oil market. Russian Deputy Prime Minister Alexander Novak stated that the country plans to lift..
Friday 22 November 2024 01:47pm | Source: ArabicTrader -
Market summary today: Stocks, the dollar, and Bitcoin rise, while geopolitical..
A cautious atmosphere prevailed in the financial markets on Thursday, as investors' fears regarding the recent escalations in the Russian-Ukrainian war dominated market movements, while stock markets benefited..
Thursday 21 November 2024 07:53pm | Source: ArabicTrader -
Urgent.. American gas inventories defy expectations and decrease over the past..
Data from the U.S. Energy Information Administration released on Thursday indicated a decrease in U.S. natural gas inventories by 3 billion cubic meters during the week ending November 15, which was better..
Thursday 21 November 2024 03:35pm | Source: ArabicTrader -
Gold Prices Extend Gains Amid Geopolitical Tensions and Dollar Weakness
Gold prices continued to gain significant ground during trading on Thursday, supported by increased demand for the yellow metal as a safe haven amidst rising concerns over global geopolitical tensions,..
Thursday 21 November 2024 01:53pm | Source: ArabicTrader -
Crude Oil Prices Surge Amid Strong Chinese Demand and OPEC+ Supply Concerns
Crude oil prices have seen a significant increase amid optimism regarding strong Chinese demand for oil, as fears grow in global markets concerning oil supply shortages. This rise coincided with reports..
Thursday 21 November 2024 09:37am | Source: ArabicTrader -
Gold Prices Surge Amid Geopolitical Tensions and Safe-Haven Demand
Gold prices continued to climb significantly on Wednesday, driven by increased demand for the yellow metal as a safe haven amid rising geopolitical tensions, particularly due to the ongoing Russia-Ukraine..
Wednesday 20 November 2024 05:30pm | Source: ArabicTrader -
U.S. Oil Inventories Exceed Forecasts for the third consecutive week
The U.S. Energy Information Administration (EIA) reported on Wednesday a higher-than-expected increase in U.S. oil inventories for the week ending November 15. According to the data, oil inventories rose..
Wednesday 20 November 2024 03:31pm | Source: ArabicTrader -
Gold rebounds from a one-and-a-half-week high as geopolitical concerns ease.
Gold prices witnessed a significant drop during trading on Wednesday, retreating from their highest levels in a week and a half, as bullion erased nearly half of the gains from the previous session, resulting..
Wednesday 20 November 2024 09:47am | Source: ArabicTrader -
Crude Oil Prices Drop Amid Increased Supply Outlook and Geopolitical Tensions
Crude oil prices experienced a modest decline in today’s trading, Tuesday, driven by growing optimism in the market about an increase in oil supply, particularly after production resumed at the Johan..
Tuesday 19 November 2024 12:29pm | Source: ArabicTrader -
Gold continues to rise and records its highest levels in a week.
Gold prices rose during trading on Tuesday as the yellow metal continued to erase losses for the second consecutive session, reaching its highest levels in a week, following the historic losses incurred..
Tuesday 19 November 2024 08:35am | Source: ArabicTrader -
Crude Oil Prices Rise Amid Escalating Russia-Ukraine Tensions
Crude oil prices experienced a notable uptick during today's trading session, Monday, driven by heightened concerns over potential supply shortages. These worries have been fueled by a sharp escalation..
Monday 18 November 2024 11:11am | Source: ArabicTrader -
Gold rebounds at the beginning of the week and turns green for the first time..
Gold prices witnessed a significant recovery after rebounding upward during trading on Monday, marking the first time since November 7 of last year. Spot gold contracts rose by more than $30 per ounce,..
Monday 18 November 2024 08:29am | Source: ArabicTrader -
Financial market movements: The dollar continues to rise, and Bitcoin is shrinking..
Financial markets continued their strong movements coinciding with the release of important U.S. economic data, most notably the Producer Price Index (PPI) data, unemployment claims data, and the release..
Thursday 14 November 2024 06:52pm | Source: ArabicTrader
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