Tag Archives: russia

Oil prices rose on Tuesday after a report by the Organization of the Petroleum Exporting Countries (OPEC) said that market fundamentals remained strong and against the backdrop of concerns about possible supply disruptions as the United States tightens the noose on Russian oil exports. By 0113 GMT, Brent crude futures …

Following OPEC’s monthly market report, which allayed fears about declining demand and a US investigation into Russian oil sanctions violations, WTI crude oil prices rose by 1.43% on Monday. US West Texas Intermediate crude futures gained 1.4% to settle at $78.40 per barrel, while Brent crude futures increased by 1.29% …

Russia is utilizing gold to get around sanctions put in place following its invasion of Ukraine, according to a red alert issued by the UK National Crime Agency (NCA) to the financial industry. According to the NCA, concerted efforts are being made to launder gold that has been sanctioned in …

Ukraine’s alternative export corridor in the Black Sea is still operational despite the recent Russian attack on a Ukrainian civilian ship, Ukrainian Deputy Prime Minister Oleksandr Kubrakov said on Thursday, November 9. Ukrainian officials said on Wednesday that a Russian missile damaged a civilian ship flying the Liberian flag that …

Mohammed Hashad, Director of Research and Development Department at Noor Capital and the member of the US Association of Technical Analysts, commented on the most prominent developments in the markets and the performance of the most important financial assets, in an interview on Dubai TV. He began his comments by …

Gas prices rose in the Netherlands and Britain on Monday morning, October 30, driven by news that Egyptian gas imports would stop, which will consequently affect its exports of liquefied natural gas. Cold weather and unscheduled outages in Norway also supported prices. The Dutch November benchmark natural gas contract rose …

Despite an earlier increase amid worries about an Israel-Hamas conflict, WTI crude falls to $82.86 per barrel as at the time of writing; down -1.93%. Price increases are tempered by Saudi Arabia’s commitment to market stability and potential intervention.Data on global inflation as well as US inflation and Russian output …

ECB’s Christine Lagarde, has cautioned that the United States and the Eurozone should never take the status of their currencies as reserve currency for granted because nations like China and Russia are working to develop their own financial systems.The eighty-year dominance of the dollar as the world’s reserve currency has …

Russia is making news headlines concerning the oil sector on Monday. WTI crude oil has lost more than 0.45% of its value after reaching a high of $90.34. WTI’s three-week surge was ended by the Federal Reserve’s decision to hold rates while predicting higher rates for the upcoming year. Oil …

Interviewed by Dubai TV, Mohammed Hashad, the Head of Research and Development Department at Noor Capital and member of the US Association of Technical Analysts, commented on a number of current market developments, most notably the following:(I) US Dollar’s Performance Interest rates have already been left unchanged by the US …