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Tag: PROPARCO

Oil price exceeds $74 after inventory drop.

Oil price exceeds $74 after inventory drop. by Antonio Di Giacomo, Senior Market Analyst at XS.com West Texas Intermediate (WTI) crude oil experienced a slight increase following the settlement session on Tuesday, January 7, 2025, driven by data released by the American Petroleum Institute (API). This organization reported a significant decline in U.S. weekly crude oil inventories, far exceeding initial expectations. These figures triggered a positive reaction...

Gold Faces Pressure as Trump Unveils Aggressive Trade Policies

Gold Faces Pressure as Trump Unveils Aggressive Trade Policies by Samer Hasn, Senior Market Analyst at XS.com Gold is up slightly today by 0.2%, reclaiming the $2,640 per ounce level after two consecutive days of declines. Gold has been under severe downward pressure since Donald Trump won a second term in the White House, which has given strength to the US dollar amid anticipation of protectionist trade policies...
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