Annual GDP in euro area
EU: Annual GDP in euro area contracts by 4.3% in Q3 vs. 4.4% expected
Iran to Sell 2.3m bpd of Oil
Iranian President Hassan Rouhani says the country will boost the oil output and sales in the next Iranian calendar year that will start on March 21, 2021.
Bitcoin is challenging gold
Bitcoin is challenging gold: Gold price outlook is 'no longer overwhelmingly bullish,' says UOB
EUR/USD still targets the 1.2200 level
According to FX Strategists at UOB Group noted the positive outlook for EUR/USD, which continues to target the 1.2200 level.
Oil Prices Towards $50 On OPEC+ Agreement
OPEC+ managed to seal a compromise deal over its oil production policy early next year, presenting a united front of a unanimous decision after days of disagreements.
Gold Price Technical Analysis
Gold has recently embraced formidable support, slightly at 1,760 following a considerable downfall from the seller congestion at 1,950.
Iran’s aluminum export tops $100m in 7 months
Iran exported 61,147 tons of aluminum worth $101.1 million in the seven calendar months to October 21.
OPEC+ considers delay output hike, but faces a U.S. shale industry
TEHRAN (Iran News) – Oil-producing group OPEC+, and its allies, will likely delay an output hike at its meeting this week as it weighs positive vaccine news against new coronavirus lockdowns and resurgent shale drilling in the U.S. The coalition known as OPEC+, which comprises some of the world’s largest crude producers, will begin a […]
Oil Markets in OPEC’s Hands
The contraction of the U.S. oil industry this year means the cartel probably won’t need to worry too much about losing market share for some time.
Natural Gas Markets Forecast
The natural gas markets pulled back a bit on Friday, to give back some of the gains that we found on Thursday. But we are still very well supported.