Energies
About: Designer
Recent Posts by Designer
Oil Jumps by More than 7%
market news summary A group of member states of the OPEC + alliance revealed a voluntary cut in oil production as a precautionary measure against market fluctuations. Moreover, Russia and Saudi Arabia voluntarily reduced production by about 500,000 barrels per day each, starting from May until the end of 2023. Goldman Sachs raised its forecastContinue Reading
US Indices Continue to Rise
market news summary European stock indices rose by more than 1% at the end of the trading session on Wednesday, March 29, as investor skepticism about the banking sector continued to recede. At the end of the session, the STOXX600 index rose by 1.3% to 450 points, as the banking sector rose by 1.9%, andContinue Reading
Oil Prices Continue to Rise
market news summary The BlackRock Investment Institute revealed that investors are betting that the Fed will start cutting interest this year though this scenario is highly unlikely. In a weekly bulletin, global investment analysts at the BlackRock Institute indicated that they do not see a possibility of cutting interest this year. They explained that theContinue Reading
A Buyout from First Citizens Bank Saves The Day
market news summary European indices rose at the close of the trading session on Monday, March 27th, with the return of cautious optimism following the sharp losses recorded during Friday’s session. At the end of the session, the STOXX600 index rose by 1.05% to 444 points, while the German DAX rose by 1.1%, recording 15127Continue Reading
What is a Spread?
