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Latest Economic News

Gas crisis in the EU: high cost slows down replenishment of reserves

April, 03 2025

Europe is facing an acute energy crisis. Gas storage facilities are almost empty, and high prices prevent the formation of sufficient reserves for the winter. The EU countries hope for the success of the negotiations between the presidents of Russia and the United States, which can bring Russian gas back to the market. For the fifth year in a row, Europe has been suffering from high prices caused by the Ukrainian conflict. The cost of gas remains high all year round, and storage volumes are... Read More

Latest Economic News

Gas crisis in the EU: high cost slows down replenishment of reserves

All News

ECB raises base rate to 4.5%

The dollar remains stable against world currencies

The value of gold is moderately declining

Oil continues to rise in price, Brent is trading at $92.7 per barrel

Europe was able to get away from Russian gas by sacrificing the economy

Inflation in Egypt breaks records

Morgan Stanley raises target for Tesla shares to $400

The Bank of Japan does not exclude the possibility of abandoning negative rates

The EC named the main risks for the EU economy

Oil market news

Bild: The UN is ready to fulfill Russia's conditions on the grain deal

European stock indexes decline after the United States

German inflation slowed to 6.4% in August

Wall Street closed in the red on fears of a new round of inflation

ECB keeps intrigue on monetary policy

China's Tencent will introduce its own analogue of ChatGPT

Oil prices are stable after rising to the highest since November

Producer prices in the eurozone in July fell at the fastest pace in 14 years

Saudi Arabia will extend the reduction of oil production by 1 million b/d until the end of 2023

Brent crude is trading near $89 per barrel

Economists' forecasts for 2024 are becoming increasingly gloomy

The share of Russian oil in the EU has decreased from 29.2% to 2.3% in two years

Inflation in Turkey accelerated to 58.9% in August

Oil prices have stabilized after rising to annual highs

The number of oil and gas drilling rigs in the world in August fell for the first time in 3 months

Unemployment in the US is growing stronger than expected: stocks are going up, and the dollar is going down

Brent price exceeded $88 per barrel

Retail investors have started to actively invest in the uranium industry

The yuan rose to a maximum due to the measures of the People's Bank of China

The euro accelerated its decline against the dollar after the release of statistics on the eurozone