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A pump jack used to help lift crude oil from a well in South Texas’ Eagle Ford Shale formation stands idle in Dewitt County Texas

Oil markets jump on fears of new Iran sanctions

16/10/2017(0)
Oil markets jumped on Monday on concerns over potential renewed U.S. sanctions against Iran as well as conflict in Iraq, while an explosion at a U.S. oil rig and ... Read More
A pumpjack drills for oil in the Monterey Shale

Oil prices rises on tighter U.S. market, strong China imports

13/10/2017(0)
Oil prices rose on Friday as both U.S. crude production and inventories declined, pointing towards a tightening market. Strong Chinese oil import data also supported crude prices, traders said. ... Read More
coffee-commodities

Coffee futures dive

12/10/2017(0)
Coffee futures fell, despite data showing an “unexpected” dip in Brazilian exports last month, as weather forecasters injected a little extra rain into the outlook for the South American ... Read More
A pump jack used to help lift crude oil from a well in South Texas’ Eagle Ford Shale formation stands idle in Dewitt County Texas

How the oil prices move in Asian session

11/10/2017(0)
Oil prices edged up on Wednesday, extending 2 percent gains recorded the previous day, on signs that markets are gradually tightening after years of oversupply, although the outlook for ... Read More
A pumpjack drills for oil in the Monterey Shale

Oil prices stable as OPEC says market is rebalancing

10/10/2017(0)
Oil prices were steady on Tuesday as OPEC said there were clear signs the market was rebalancing and as U.S. production remained offline following Hurricane Nate. U.S. West Texas ... Read More
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Feds Miss out on $600 Million Payday in Silk Road Bitcoin Auction

09/10/2017(0)
The U.S. Department of Justice recently claimed the proceeds from the sale of 144,336 bitcoins found in Ross Ulbricht’s laptop, gained from Silk Road’s seizure in 2013. Claiming the proceeds took ... Read More
russia

Sanctions against Russia have cost European Union €30bn

09/10/2017(0)
New research by the Austrian Institute of Economic Research (WIFO) suggests the EU’s economic sanctions against Russia introduced three years ago have cost European countries billions of euro. The survey, ... Read More
interest-rates

The upcoming increase in interest rates

06/10/2017(0)
  Last week, both Janet Yellen of the Fed and Mark Carney of the Bank of England prepared financial markets for interest rate increases. The working assumption should be ... Read More
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Business investment rate up to 23.2% in the euro area

06/10/2017(0)
In the second quarter of 2017, the business investment rate was 23.2% in the euro area, compared with 22.9% in the previous quarter. The business profit share in the ... Read More
ship oil

Venezuela suggests global oil trade in Russian ruble & Chinese yuan

05/10/2017(0)
The President of Venezuela Nicolas Maduro has proposed oil producing countries should discuss creating a currency basket for trading crude and refined products. “Developing a new mechanism of controlling ... Read More
Broker Cyprus TopFX