Turkish Energy Minister Alp Arslan Bayraktar said on Thursday that the crude oil pipeline from Iraq via Turkey, which has been halted for about six months, is ready for operation as of Wednesday and that Ankara is preparing to start shipments. Turkey stopped flows through the oil export route from …

The Nikkei index snapped a five-day losing streak, recording on Thursday the largest single-day percentage jump in three months, with US Treasury yields declining from their highest levels in 16 years and investors buying stocks that fell. The Nikkei index rose 1.80 percent at the close, recording 31,075.36 points. On …

Oil prices rose in early trading on Thursday, compensating for part of the large losses incurred in the previous session after the OPEC+ Joint Ministerial Monitoring Committee maintained oil production cuts, meaning a continued supply shortage amid fears of an imminent decline in global economic growth. Brent crude futures rose …

Oil, Crude, trading

Oil, Crude, trading

The Canadian dollar achieved the first bullish target published during the previous technical report at 1.3750, recording its highest level of 1.3780. Technically, and with a closer look at the 4-hour time frame chart, the pair established an excellent support ground near the 1.3675 level, accompanied by positive motivation from …

japanese-yen

Oil, Crude, trading

US crude oil futures prices continue to incur losses amid strong selling, as we expected, exceeding the bearish targets required to be achieved during the previous technical report at 86.60, recording its lowest level at $84.20 per barrel. Technically, by looking at the 4-hour time frame chart, we find the …

Gold trading was limited during the previous trading session from the bottom above the recently recorded low at 1815 and from the top below the 1830 resistance level without any significant change. Technically, by looking at the 4-hour time frame chart, we find positive crossover signals beginning to appear on …