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Oil, Crude, trading

Oil, Crude, trading

Gold prices managed to touch the first bearish target mentioned in the previous technical report, at 1774, recording its lowest price of 1772, to return to the bullish rebound, taking advantage of the strong demand area. The technical aspect today is as it is. Despite the temporary bullish bounce, gold …

The euro approached the first target that needs to be touched, at 1.1200, explaining that breaking the 1.1260 support level puts the price under negative pressure, targeting 1.1200, posting a low of 1.1220. Technically, the current moves are witnessing attempts to rise due to the return of stability above the …

President Joe Biden told Russian Counterpart Vladimir Putin that the United States is prepared to launch strong economic measures in case Russia decides to invade Ukraine. The Bank of Canada is expected to keep the major part of focused spotlight on inflation at its policy decision, as the country’s central …

Iraq’s oil minister said, Tuesday, that his country policy in OPEC is based on reservations about the unjustified increase in production.Minister Ihsan Abdul-Jabbar added that the contract signed with France’s Total would generate more than USD 85 billion in profits for Baghdad over 20 years. Total will build four giant …

The White House says President Joe Biden told Russian Counterpart Vladimir Putin that the United States is prepared to launch strong economic measures in case Russia decides to invade Ukraine, signaling that these new measures would pack a bigger punch than the sanctions issued in 2014 that failed to stop …

Although gold markets firstly fell during trading on Tuesday, the precious metal found enough buyers underneath to push it up. Spot gold was up 0.2% to $1,782.39 per ounce by 01:40 p.m. ET (1840 GMT). U.S. gold futures settled up 0.3% at 1,784.70. Gold is trying to stay in the …

Cryptocurrency mining stocks recorded gains, on Tuesday, due to a price rebound among cryptocurrencies including Bitcoin ( BTC -0.08% ), in addition to the hotter than normal stock market. The S&P 500 was up 2%, which is a big move for a single day. And Bitcoin is up 4% over …

Markets were more active on Tuesday, with optimism leading the way. Hopes that the Omicron coronavirus variant is milder and will not interrupt the economic comeback sent global shares well into the green territory.It is still too early to say how things will turn out with the new COVID-19 strain. …