Commodity news, Oil & Gold News
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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 -
Oil rises amid Russian sanctions and the announcement from China while awaiting..
Crude oil prices rose during Wednesday's trading, coinciding with investors' anticipation of another interest rate cut by the U.S. Federal Reserve at the end of the Federal Open Market Committee meeting,..
Wednesday 18 December 2024 02:38pm | Source: ArabicTrader -
Gold stabilizes near its lowest levels in 10 days as the Federal Reserve's decision..
Gold prices stabilized near their lowest levels in 10 days during trading on Wednesday, as markets prepare for the upcoming interest rate decision and the quarterly economic outlook report from the U.S...
Wednesday 18 December 2024 02:01pm | Source: ArabicTrader -
Fitch Agency explains the dangers of implementing Donald Trump's policies on..
Fitch Ratings warned in a report released on Tuesday that the proposed American tariffs by elected President Donald Trump could negatively impact global commodity markets, especially crude oil, base metals,..
Wednesday 18 December 2024 01:47pm | Source: ArabicTrader -
Saudi crude oil exports increased by 3% last October!
Data from the Joint Organizations Data Initiative (JODI) released today, Wednesday, revealed that Saudi Arabia’s crude oil exports increased by 3% in October, reaching 5.925 million barrels per day..
Wednesday 18 December 2024 11:08am | Source: ArabicTrader -
Commerzbank provides insights on gold's weakness and expects the metal's performance..
Carsten Fritsch, an analyst in the commodities division at Commerzbank, reported that gold prices have given up their strong gains from the first half of this week, trading close to the level of $2,650..
Tuesday 17 December 2024 05:03pm | Source: ArabicTrader -
Oil falls from a two-and-a-half-week high after negative data from major consumers.
Oil prices fell during trading on Monday from their highest levels in more than two and a half weeks, amid increasing investor concerns that weak demand from major crude oil consumers could lead to a production..
Monday 16 December 2024 01:53pm | Source: ArabicTrader -
Gold rebounds from a one-week low and rises with the release of purchasing managers'..
Gold prices rose during trading on Monday, as the price of the yellow metal rebounded from its lowest levels in a week to recover today amid cautious investors reacting to the release of Purchasing Managers'..
Monday 16 December 2024 12:05pm | Source: ArabicTrader -
Summary of Financial Markets: Notable Movements Despite the Absence of Key Data!
Financial markets witnessed significant movements during trading on Friday, despite the absence of major economic data releases, except for the UK economic growth data, which was extremely negative and..
Friday 13 December 2024 07:07pm | Source: ArabicTrader -
Commerzbank Expects Stable Oil Prices Amid Weak Chinese Demand
Commerzbank, in a research note published today, forecasted that crude oil prices will likely remain stable until the end of the year. This outlook is attributed to declining demand in the Chinese market,..
Friday 13 December 2024 04:53pm | Source: ArabicTrader -
Vladimir Putin extends countermeasures on the oil price cap until June 2025.
Russian President Vladimir Putin decided on Friday to extend the current retaliatory measures against the oil price cap imposed by Western countries until June 30, 2025. It was expected that Putin's decree..
Friday 13 December 2024 01:40pm | Source: ArabicTrader -
Bank of America provides analysis and forecasts for oil prices for the upcoming..
Bank of America issued a research note on Friday, discussing its predictions regarding crude oil movements and the expected price challenge for Brent crude until 2025; in this context, the American bank..
Friday 13 December 2024 09:35am | Source: ArabicTrader -
UBS Bank clarifies its expectations for gold prices and anticipates steady inflation..
Analysts at Swiss investment bank UBS clarified on Thursday that they expect the price of gold to reach $2,900 per ounce by the end of 2025, noting that they also anticipate steady inflation and a significant..
Friday 13 December 2024 07:56am | Source: ArabicTrader