Russian Energy Minister Alexander Novak similarly called April “the worst month in history” for the global oil market. Story continues below …
Category: Forex News
forex news
The European Commission’s proposed €750 billion recovery package for the EU economy will be on the agenda this coming week, likely keeping EUR/USD on an upward path.
The Canadian dollar climbed 2.5% last week, as USD/CAD fell to its lowest level since early March. There are three releases in the upcoming week, all of minor significance. Here is an outlook at the highlights and an updated technical analysis for USD/…
Dan Etete is alleged to have paid a total of $57 million for the jet in 2011, which was part of the spending spree that the former petroleum minister was …
Gas prices across the country have seen dramatic decreases as a result of a sharp drop in both the demand for gasoline and the price of crude oil.
Opec and allied nations have agreed to extend a production cut of nearly 10 million barrels of oil a day through to the end of July, hoping to boost …
Crude oil prices have been gaining in recent days, in part on hopes OPEC would continue the cut. International benchmark Brent crude traded Saturday …
The Organization of Petroleum Exporting Countries and its allies (OPEC+) has agreed to extend its current record output cuts by another one month, …
The price per barrel of domestic crude oil fell as low as -$38 per barrel in April and was slow to recover – trading at about $37 per barrel as of Friday. A …
Gold has fallen sharply after the latest US Non-Farm Payroll report showed 2.5 million jobs created in May , smashing expectations of an 8 million loss.