OPEC+ plans to accelerate oil production growth and may cancel a voluntary production cut of 2.2 million barrels per day by the end of October. In particular, since June, the countries have agreed to increase oil production by 411 thousand barrels per day. Saudi Arabia, unhappy with the excess of quotas by Iraq and Kazakhstan, initiated measures, refusing to support the market. Riyadh has made it clear that it no longer intends to single-handedly stabilize the market and maintain its pricing pol... Read More
According to the US Department of Labor, unemployment in May rose to 3.7% from April's level of... Read More
According to trading data on Friday, European stock indexes are growing by more than 1% amid the... Read More
The US Senate has passed a bill on the debt ceiling by a majority vote. Now the document will be... Read More
Sources close to OPEC+ reported that the cartel and its allies probably will not impose more... Read More
Today, the head of the European Central Bank, Christine Lagarde, made a speech at which she... Read More
The leading stablecoin Tether (USDT) has restored its capitalization to the maximum value which the... Read More
The US House of Representatives has approved a bill on the national debt limit by a majority vote.... Read More
The cost of bitcoin is declining on Wednesday by about 3%, reaching the level of $26,885 at the... Read More
According to preliminary data from the German Federal Statistical Office, consumer prices... Read More
The price of oil continues to decline on Wednesday: Brent quotes today broke down the level of $72... Read More
Chinese Foreign Minister Qin Gang held a meeting with Tesla Inc CEO Elon Musk in Beijing. They... Read More
According to the British Retail Consortium (BRC), food inflation in Great Britain fell for the... Read More
On Monday morning, the price of oil jumped to the level of $77.83 per barrel after the news that US... Read More
The Speaker of the House of Representatives of the US Congress, Republican Kevin McCarthy,... Read More
Monday, May 29The upcoming week promises to be quite busy, but Monday is traditionally the quietest... Read More
The traditional political battle between the Democratic Party led by President Joe Biden and the... Read More
Bloomberg analysts said that China's weak economic recovery and Beijing's unwillingness to apply... Read More
On Friday, gold prices fell to a 2-month low amid concerns about raising the US debt ceiling and... Read More
NVIDIA has released a report with financial results in the first quarter that exceeded analysts'... Read More
The spot price of gas in Europe has updated its minimum value for 2 years, falling below the level... Read More
Last night, the minutes of the May meeting of the US Federal Reserve System were published. It can... Read More
The head of the Bank of England, Andrew Bailey, said that inflation in the UK turned out to be more... Read More
Ryan Detrick, Chief Market strategist at Carson Group, predicts the continuation of the recent... Read More
On Wednesday, oil prices continue to rise, breaking the level of $78 per barrel. The current Brent... Read More
Apple Inc has announced a multibillion-dollar agreement with Broadcom Inc to manufacture and supply... Read More
The Reserve Bank of New Zealand raised the official cash rate (OCR) by 25 basis points to 5.5% per... Read More
In April 2023, consumer prices rose by 8.7% year-on-year, according to the UK Office for National... Read More
Since the start of 2023, Apple stock has gained 35% on a rally in the technology sector that has... Read More
On Tuesday, oil quotes remain in the area of local highs above $76 per barrel. Market participants... Read More
Monday, May 22As is often the case, Monday is again accompanied by a completely empty economic... Read More
