Crude Oil on the Rise: JPMorgan Predicts a Surge to $150 per Barrel Amidst Global ‘Energy Supercycle’
Christyan Malek, the lead for EMEA power fairness analysis at JPMorgan, predicts that by 2026, crude oil costs might soar to $150 a barrel. Malek...
IEA Report: Oil Prices on the Brink of Soaring as Supply Narrows and Demand Shatters Records
The stage is ready for a doubtlessly hanging upswing in international oil costs, as provide constricts and demand ascends to unprecedented ranges. With oil reserves...
Saudi Arabia Extends Oil Production Cuts, Further Irking US Officials
Saudi Arabia introduced it can proceed limiting oil manufacturing by September, extending output reductions which have drawn criticism from Washington. Riyadh Holds Firm on Oil...
Gold, Silver, and Crypto Prices Surge After Federal Reserve’s Quarter-Point Increase
Following a quarter-point improve within the federal funds charge by the Federal Reserve on Wednesday, valuable metals equivalent to silver and gold skilled a surge...
Economist and Political Scientist Refute Claims of US Dollar’s Demise Despite Trend of De-Dollarization News
This 12 months, there was a flurry of reports experiences and opinion editorials discussing an alleged de-dollarization pattern amid a wave of disclosures related to...
Growing Links Between Middle East, Russia, China Pose Huge Challenge for US, Warns Former Treasury Secretary
Former Treasury Secretary Lawrence Summers has expressed issues {that a} rising variety of nations, together with China, Russia, and the Middle East, are aligning themselves...
Economists Expect the Fed to Reveal Another 25bps Rate Hike Before Pausing for the Rest of 2023
After the March price hike by the Federal Reserve, economists imagine that the current transfer by Saudi Arabia and several other members of the Organization...
Mounting Trend of Challenges to USD Hegemony Reported: Saudi Arabia, BRICS; Ron Paul Weighs in on Potential Fall of Dollar as Reserve — Week in Review
The United States greenback has been a scorching matter in latest weeks, with a number of reported developments occurring globally which might sign important strikes...
Saudi Arabia Strengthens Bond With China by Joining SCO Bloc as Dialogue Partner
China’s relationship with Saudi Arabia is rising because the nation’s Cabinet has agreed to affix the Shanghai Cooperation Organization (SCO). The diplomatic transfer made by...
Yellen Says US ‘Not Willing to Allow Contagious Bank Runs,’ Calls OPEC Oil Production Cut ‘Unconstructive’
Roughly 26 days in the past and within the following days, the U.S. witnessed two vital financial institution failures when Silicon Valley Bank and Signature...