Iron ore prices fell to their lowest level in more than five weeks, dropping below $100 per tonne. The reason was weak data on industrial profits in China, which highlighted the vulnerability of the country's economy.Futures in Singapore dropped to $99 per tonne, showing a second consecutive weekly decline. In November, Chinese companies' industrial profits fell for the fourth month in a row, which is likely to lead to the sharpest annual decline since statistics began in 2000. However, the prof... Read More
Saudi Arabia's national oil company Aramco, which is the world's largest oil exporter, does not... Read More
On Monday evening, oil prices accelerated their decline amid a possible decrease in demand for raw... Read More
The head of the European Commission Ursula von der Leyen said that the European Union plans to get... Read More
Experts from the Federal Reserve Bank of Dallas said that the global economy will inevitably face a... Read More
Monday, March 28As it often happens, the macroeconomic calendar on Monday is absolutely empty, so... Read More
The stock market of the United States is showing a certain upswing: support is provided by the... Read More
The United Nations Conference on Trade and Development (UNCTAD) lowered its forecast for global... Read More
Yesterday, Russian President Vladimir Putin announced the transition to settlement in rubles when... Read More
According to the report of the National Statistical Service of the United Kingdom, the consumer... Read More
National Security Adviser to the President of the United States Jake Sullivan said that in... Read More
Last night, data from the American Petroleum Institute (API) was published, after which the cost of... Read More
Chinese electronics manufacturer Xiaomi Corp sharply cut its fourth-quarter net profit due to... Read More
The external background of Tuesday can be called ambiguous: oil and metal prices are rising, and... Read More
Alibaba, the Chinese e-commerce giant, announced that the company intends to increase the size of... Read More
On Monday, oil prices accelerated their growth after a decline at the end of last week and reached... Read More
The German Ministry of Economy announced that Germany has agreed with Qatar on long-term supplies... Read More
European refineries prefer to buy alternative Urals grades of oil due to sanctions pressure – in p... Read More
Analysts note that Russian oil exports to India increased fourfold in March, which indicates a... Read More
According to trading data, the shares of the Chinese Internet commerce giant Alibaba Group Holding... Read More
As a result of the March meeting, the Bank of England decided to raise the base interest rate from... Read More
The oil market has experienced a real shock in recent weeks: prices rose at the moment to the level... Read More
British Prime Minister Boris Johnson and Crown Prince of the United Arab Emirates (UAE) Mohammed... Read More
British Prime Minister Boris Johnson and Crown Prince of the United Arab Emirates (UAE) Mohammed... Read More
According to the US Department of Commerce, retail sales in February increased by 0.3% compared to... Read More
The International Energy Agency (IEA) expects an acceleration of the world's withdrawal from oil in... Read More
Economist Henrik Müller said that the US dollar may lose its status as the world's main currency. ... Read More
Economists say it is critical for the US Fed to raise rates and steadily tighten monetary... Read More
The main US stock indexes are rising on Tuesday after the release of data on industrial inflation... Read More
China is currently making great strides in implementing its central bank's national digital... Read More
Oil prices continue to decline after a sharp jump to multi-year highs in the region of $130 per... Read More
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