Tag Archives: russia

Oil hit a three-week high on Tuesday after the latest easing of COVID-19 restrictions in China spurred hopes of a recovery in fuel demand and additional support from a cut in energy production in the United States due to winter storms. The National Health Commission said on Monday that China …

Russian Deputy Prime Minister Alexander Novak told the official Tass news agency that Moscow is ready to resume gas supplies to Europe through the Yamal-Europe pipeline. “The European market is still important with the continued gas shortage, and we have every opportunity to resume supplies,” TASS quoted Novak as saying …

The US dollar showed signs of recovery in a bullish correction, supported by positive US data that has fueled speculation that the Fed will pursue fighting inflation in 2023.The dollar remained mostly flat for the day in low-volume holiday markets, trading around 104.34. The index has stuck to a range …

On Friday, crude oil prices settled about $3 per barrel higher for a second straight week of gains following Moscow said it could reduce crude output in response to the G7 price cap on Russia’s energy exports.Brent crude settled at $83.92, up by $2.94 or 3.6%, while U.S. West Texas …

Gold price remains on its direct way to snap two-week uptrend. The US data reinforce the dollar’s recovery but firmer sentiment is sufficient to keep gold buyers hopeful.US Gross Domestic Product is expected to confirm initial forecasts for Q3, suggesting further uptrend for the Gold Index, meanwhile, the several news …

The US dollar recorded fresh losses on Wednesday against most of major rival currencies. The dollar’s decline was contained, but it is obvious that further declines are probable.Earlier in the day, China announced a series of measures easing Covid-linked restrictions. The US Treasury yield curve inverted the most in over …

Uncertainty is prevalent regarding the Fed’s intentions that will unfold after FOMC meeting, later in December. Fed officials hinted at an easing pace of quantitative tightening starting as soon as this month, despite signs of easing inflation, but doubts are increasing lest the economy should fall in long-lasting recession.ECB’s Constantinos …

On Wednesday, the White House has not seen anything that contradicts Poland’s preliminary assessment that a missile that landed within its borders on Tuesday was most likely the result of a Ukrainian air defense missile, according to US National Security Council spokesperson Adrienne Watson.“Whatever the final conclusions may be, it …

Russia’s Ministry of Defense on Saturday made an explicit accusation against British naval personnel over their involvement in last month’s Nord Stream 1 gas pipeline bombings. Russia has not provided any evidence for its claim that a prominent member of NATO – such as Britain – has contributed to sabotaging …

The American Petroleum Institute said that crude oil inventories fell by 1.3 million barrels in the week ending on the fourteenth of October. According to the weekly report of the American Institute, gasoline stocks in the United States decreased by 2.2 million barrels last week, and distillate stocks fell by …