Gold Price Analysis: target a run to weekly support at $1,765
Gold is testing the bear's commitments at the resistance structure. Weekly support could be their target if bulls capitulate at this juncture.
U.S. may weigh baby steps to revive Iran nuclear deal
The United States is weighing a wide array of ideas on how to revive the Iranian nuclear deal, including an option where both sides would take small steps.
Economic Data, EUR in the Spotlight
It’s a relatively quiet day ahead on the economic calendar. Economic data from the Eurozone and U.S stimulus talk will be in focus.
Brent approaches $60 per barrel as supply cuts, stimulus hopes lift prices
Brent crude for April touched a high of $59.95 a barrel and was at $59.85 by 0041 GMT, up 51 cents, or 0.9%. Front-month prices last hit $60 on Feb. 20, 2020.
Oil hits highest level in one year
Oil prices hit its highest in a year on Friday, closing in on $60 a barrel, supported by economic revival hopes and supply curbs by producer group OPEC and its allies.
Researchers discover an immense hydrocarbons cycle in the world’s ocean
Hydrocarbons and petroleum are almost synonymous in environmental science.
Russia approved a safe and effective coronavirus vaccine
Russia's coronavirus vaccine, called Sputnik V, is 91.6% effective at preventing symptomatic COVID-19, according to a peer-reviewed analysis published Tuesday.
Greenland is careening toward a critical tipping point for ice loss
The Greenland Ice Sheet is one of the largest ice sheets in the world.
Tighter Oil Markets Send Oil Prices Higher
Oil prices rose early on Monday, supported by a risk-on sentiment on the equity markets and expectations that the oil production curbs by OPEC+
EIA: Global Oil Consumption Crashed By 9% In 2020
Global consumption of petroleum and other liquid fuels crashed by 9 percent to 92.2 million barrels per day (bpd) in 2020, the U.S. Energy Information Administration (EIA) said.