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
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...
To help establishments affected by the Corona pandemic, Palestine Monetary Authority launches $300 million "Sustainability" program to provide financing for SMEs
His Excellency the Governor...
11 Million People Employed in Renewable Energy Worldwide in 2018
Eleven million people were employed in renewable energy worldwide in 2018 according to the latest...
