AI likely to weigh on oil prices over the next decade, Goldman says
(Reuters) – Artificial intelligence could hurt oil prices over the next decade by boosting supply by potentially reducing costs via improved logistics and increasing the amount of profitably recoverable resources,…
Oil prices slump to multi-month lows as signs Libya to end dispute, resume output
Investing.com — Oil prices slumped to eight-month lows Tuesday, as potential end to a dispute in Libya that has disrupted output and worries about OPEC+ potentially increasing output later this weighed…
Oil drops 5% with resolution to Libyan dispute in sight
By Arathy Somasekhar (Reuters) -Oil prices dropped 5% on Tuesday to their lowest levels in nearly nine months on signs of a deal to resolve a dispute that has halted…
Companies weigh other options for Sounion tanker as towing judged unsafe, says EU mission
LONDON/ATHENS (Reuters) – Private companies involved in salvaging the Sounion tanker, which was attacked by Yemen’s Houthis in the Red Sea, are exploring other options after the towing operation was…
Interactive Brokers’ Q2 Revenue Hits $1,230 Million, Earnings Per Share $1.65
🌟 Ever wondered about the different categories at the Finance Magnates Annual Awards? 🏆 Join our CCO, Andrea Badiola Mateos, as she dives into the details of each award category…
Oil drops more than 4% on reports of potential resolution to Libya dispute
By Arathy Somasekhar (Reuters) – Oil prices dropped more than 4% on Tuesday to their lowest levels in nearly nine months after reports that a deal was imminent to resolve…
Swiss Franc Carry Trade: Key Risks Amid Safe-Haven Surge
The Swiss Franc Carry Trade has long been a popular strategy for investors seeking to profit from interest rate differentials. With its status as a safe-haven currency, the Swiss franc…
XTB Establishes Sponsorships in UAE Boxing and Greek Economics Olympiad
XTB MENA has entered into a partnership with the UAE Boxing Federation to support the UAE National Boxing team, coaches, and events. Additionally, XTB has obtained a sponsorship deal with…
Dollar firms as traders eye data-heavy week; yen rallies
By Amanda Cooper LONDON (Reuters) -The dollar hovered near a two-week high on Tuesday ahead of a slew of economic data, including Friday’s U.S. payrolls, that could influence the size…
Political Polarization in Europe threatens Euro stability amid rising extremism
The euro faces mounting pressure as escalating political polarization in Europe, particularly in Germany, raises alarms over the currency’s stability, Macquarie pointed out on Tuesday. Recent state elections in Germany,…
