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A worker checks the valves at Al-Sheiba oil refinery in Basra

U.S. oil prices rose on Tuesday

05/09/2017(0)
U.S. oil prices rose on Tuesday as the gradual restart of refineries in the Gulf of Mexico that were shut by Hurricane Harvey raised demand for crude, their main ... Read More
Derricks at Yuganskneftegaz oil processing facility at Mamontovskoye oilfield outside the Siberian ...

Oil markets volatile in wake of Hurricane Harvey, North Korea nuclear test

04/09/2017(0)
Oil markets were volatile on Monday, with U.S. crude rising on production shutdowns while international Brent was pulled down by a flight into gold futures following a powerful North ... Read More
Swiss franc shock

Swiss franc, gold advance as risk-off stance is back on

04/09/2017(0)
Asian stocks fell as investors turned to haven assets after North Korea’s dictatorship tested a nuclear bomb on Sunday, sending the yen, gold and Treasury futures higher. The MSCI ... Read More
A maze of crude oil pipes and valves is pictured during a tour by the Department of Energy at the Strategic Petroleum Reserve in Freeport

U.S. crude futures fell in Asian trading on Friday

01/09/2017(0)
U.S. crude futures fell in Asian trading on Friday, partly reversing sharp gains from the previous session, amid ongoing turmoil in the oil industry with nearly a quarter of ... Read More
An oil pump is seen in Lagunillas

Oil markets to be disrupted for at least three months in wake of Harvey

31/08/2017(0)
The economic impact of Hurricane Harvey’s destruction has been limited on Eastern Canada so far, but the fallout from the storm is expected to affect oil markets for months. ... Read More
gold-l-reuters

Fear of Future or Plans to Give Up Euro? Reasons Behind German Gold Repatriation

30/08/2017(0)
Germany has completed the process of a partial return of its gold reserves from abroad. For the first time in the postwar era, more than half of its reserves ... Read More
Global-Recession

Next Stop, Recession: The Financial Meteor Storm Is Headed Our Way

29/08/2017(0)
  Many of those about to be vaporized did not grasp the fragility of the “prosperity” they assumed was both solid and permanent. Business-cycle recessions are not just inevitable, ... Read More
wheat

World wheat stocks to hit record high at close of 2017-18, says IGC

29/08/2017(0)
The International Grains Council lifted its forecast for world wheat stocks to a record high as it reversed a downgrade to its global grains harvest estimate, flagging an “increasingly ... Read More
ecb_web-thumb-large

ECB fined Irish bank for a total of €2.5m

29/08/2017(0)
The ECB has fined Irish bank PTSB €2.5m for breaking liquidity rules, its first such penalty The European Central Bank (ECB) has issued its first penalty against a bank ... Read More
Uber

Who is new Uber CEO Dara Khosrowshahi?

28/08/2017(0)
Uber’s search for a replacement for its former co-founder CEO Travis Kalanick looks to have reached its conclusion. Dara Khosrowshahi, the current CEO of Expedia, has been officially offered ... Read More
Broker Cyprus TopFX