On Thursday, the Russian Foreign Ministry said it was “inconceivable” that the investigation of cracks in the Nord Stream 1 and 2 gas pipelines would be carried out without Russia’s participation. Foreign Ministry spokeswoman Maria Zakharova said the West had deliberately created obstacles to the investigation and said excluding Russia …

A Kremlin spokesman said on Thursday that the decision of the OPEC + group of major oil producers to cut production by two million barrels per day aims to stabilize the market. Spokesman Dmitry Peskov stated that by agreeing to the production cut, OPEC+ confirmed its credibility as an organization …

Oil prices stabilized near a three-week high on Thursday after the OPEC + alliance agreed to cut global crude supplies by reducing production by about 2 million barrels per day, the largest cut since 2020. Brent crude futures for December settlement rose four cents to $93.41 a barrel by 0538 …

European shares rebounded on Thursday after falling in the previous session. Investors awaited more economic data and the European Central Bank’s September meeting minutes to indicate the pace and path of interest rate hikes. The Stoxx 600 index was up 0.6 percent by 0710 GMT, tracking Wall Street. Until the …

Japan’s Nikkei index closed higher on Thursday after touching a two-week high during the session, as markets continued their recovery from multi-month lows supported by energy-related stocks and chips. The Nikkei rose 0.7 percent to 27,311.30 points at the close, after hitting 27,399.19 points, a level not seen since September …

Oil, Crude, trading

A temporary bullish rush dominated the Canadian dollar’s movements during the previous trading session, recording its highest level near the psychological barrier of 1.3700, which formed a negative pressure level on the price. Technically, Stochastic has gradually lost its bullish momentum, and the daily bearish trend motivates the continuation of …

Oil, Crude, trading

US crude oil futures prices achieved strong gains during the previous session within the expected bullish track during the last analysis, touching the official target at 87.65, and recording the highest level at 88.40. Technically, the daily trend is still bullish, with the simple moving averages supporting the bullish price …

Gold prices found strong support, as we mentioned during the previous analysis at 1700, explaining that consolidation above 1700 supports the continuation of the positive scenario to return to the bullish rebound, recording a high of $1724 per ounce. Technically, looking at the chart, we find stochastic motivating the price …