Economy
Gold Retreats as Energy Costs Drive Rate Hike Expectations
Gold prices have fallen as escalating Middle East tensions push energy costs higher, intensifying expectations for the US Federal Reserve to tighten...
#Energy Prices 40 articles
Investing
UK Economy Rebounds 0.1% in May, Fragility Persists Amid Geopolitical Tensions
The UK economy grew by 0.1% in May, reversing April's contraction, driven by services despite impacts from the Iran war. Analysts warn...
Markets
Budget Energy Announces 9.5% Price Increase Effective August 4
Budget Energy NI will increase residential electricity prices by 9.5% from August 4, affecting 105,000 customers due to wholesale market volatility. This...
Economy
Turkish Inflation Cools to 32.1% in June on Energy Price Drop
Turkish annual inflation eased to 32.1% in June, breaking a two-month climb, as falling energy prices provided relief. This marks the first...
Stocks
Nat-Gas Prices Retreat from 3-Month High as July Contract Expires
July Nymex natural gas futures dropped 3.35% as the contract expired, retreating from a three-month high due to long liquidation. Despite initial...
Finance
UK Inflation Holds at 2.8%, Middle East Deal Offers Hope
UK inflation remained at 2.8% in May, defying expectations of a rise, as a US-Iran peace deal eased oil price fears. Despite...
Stocks
Corn Futures Face Midday Pressure as Bears Gain Traction
Corn futures are experiencing losses across most contracts on Friday, with crude oil declines and export sales data contributing to downward pressure.
Markets
Oil Prices Jump as Iran Deal Stalls
Oil prices surged Monday, recouping recent losses, as uncertainty surrounding a potential peace deal with Iran intensified. Brent crude futures rose 3.3%...
Markets
Saudi Aramco CEO: Strait of Hormuz Closure Costs 100 Million Barrels Weekly
The CEO of Saudi Aramco reports a weekly loss of 100 million barrels due to the Strait of Hormuz closure, driving oil...