Oil prices in the red
Following the "OPEC +" group's decision to limit its oil production by two million barrels per day, beginning next month, oil prices dipped today, Thursday, following a notable spike that was observed yesterday. US crude…
Category: Economics
A financial expert determines when the dollar will end completely!
Independent financial expert Andrei Vernikov predicted that it would take decades to build a global reserve currency alternative to the dollar, noting that the dollar is robust despite its drawbacks and that confidence in it…
Commenting on the “OPEC +” decision, the Saudi Energy Minister recalls Adel Imam’s play
When responding on the "OPEC +" group's announcement of its intention to lower the oil production ceiling by two million barrels per day, Saudi Arabia's Energy Minister Prince Abdulaziz bin Salman noted one of the…
Oil rises after the “OPEC +” agreement to cut production
Following the "OPEC Plus" group's agreement on additional production cuts to lower oil production by around two million barrels per day, oil prices increased in early trade on Thursday. The "OPEC Plus" pact, which brings…
Fitch lowers the outlook for British debt from “stable” to “negative.”
Fitch, a credit rating agency, followed S&P's lead on Thursday and lowered the economic outlook for Britain's sovereign debt from "stable" to "negative," following their lead after the UK government unveiled a significant tax cut…
Fitch downgrades UK debt outlook from ‘stable’ to ‘negative’
Fitch, a credit rating company, changed the economic outlook for British sovereign debt from "stable" to "negative" on Thursday. According to a statement from Fitch, "the sizeable, unfunded fiscal package announced under the government's new…
“This is hallucination”.. Saudi Arabia clarifies the truth of speculation about the repercussions of the “OPEC +” decision to reduce oil production (video)
Prince Abdulaziz bin Salman, Saudi Arabia's energy minister, dispelled rumours regarding the effects of the "OPEC +" agreement to cut oil production. Prince Abdulaziz bin Salman stated during a news briefing that cutting production by…
“This is hallucination”.. Saudi Arabia clarifies the truth of speculation about the repercussions of the “OPEC +” decision to reduce oil production (video)
Prince Abdulaziz bin Salman, Saudi Arabia's energy minister, dispelled rumours regarding the effects of the "OPEC +" agreement to cut oil production. Prince Abdulaziz bin Salman stated during a news briefing that cutting production by…
Annual inflation rates fall in Russia
Russian inflation rates decreased from 13. 71% the previous week to 13. 49% on October 3 in annual terms, according to data from the Ministry of Economic Development. In the week from September 27 to…
“OPEC +” reduces its supplies by two million barrels per day, and Biden considers it a disappointing decision … short-sighted
Following their meeting in Vienna yesterday, "OPEC +" members decided to cut their daily output by two million barrels, beginning in November. This will be the biggest production cut since the "Corona" pandemic. The "declaration…
