Kremlin says any new G7 oil sanctions would backfire and it will adapt
MOSCOW (Reuters) – The Kremlin said on Friday that any new G7 sanctions on Russia’s oil industry would backfire and that it would act to minimise the consequences of any…
WTI Crude Oil: Elliott Wave Analysis and Forecast for 20.12.24 – 27.12.24
The article covers the following subjects: Major Takeaways Main scenario: After the correction ends, consider short positions below the level of 78.88 with a target of 61.50 – 53.60. A…
Explainer-Trump aims at Biden’s Inflation Reduction Act: EVs, clean energy and manufacturing
(Reuters) – President-elect Donald Trump has vowed to repeal Joe Biden’s signature climate bill called the Inflation Reduction Act, which initially aimed at some $400 billion in new spending and…
Turmoil at Colombia’s Ecopetrol raises profit fears ahead of US investment decision
By Nelson Bocanegra BARRANCABERMEJA, Colombia (Reuters) – Alleged interference by Colombian President Gustavo Petro in majority state-owned Ecopetrol and purges of hundreds of staff to make way for pro-government replacements…
Morning Bid: Government shutdown and tariff fears jar year-end markets
A look at the day ahead in U.S. and global markets from Mike Dolan U.S. government shutdown fears and fresh trade war threats cast another cloud over Wall Street as…
Intervention to halt dollar merely gives it legs :Mike Dolan
By Mike Dolan LONDON (Reuters) -The U.S. dollar’s latest surge has forced central banks around the world to lean against it, selling greenback reserves to stabilise local currencies but potentially…
EU ready to strengthen ties with US, focus on energy sector
BRUSSELS (Reuters) – The EU is ready to discuss further strengthening economic ties with U.S. President-elect Trump, including common interests in the energy sector, an EU spokesperson said on Friday,…
USDJPY: Elliott Wave Analysis and Forecast for 20.12.24 – 27.12.24
The article covers the following subjects: Major Takeaways Main scenario: After the correction ends, consider short positions below the level of 161.75 with a target of 138.00 – 131.40. A…
GBPUSD: Elliott Wave Analysis and Forecast for 20.12.24 – 27.12.24
The article covers the following subjects: Major Takeaways Main scenario: Consider short positions from corrections below the level of 1.2735 with a target of 1.2240 – 1.1900. A sell signal:…
European natural gas prices near 44 euros amid Ukraine transit route uncertainty
Investing.com — European natural-gas prices are trading just below 44 euros a megawatt hour, following a significant increase in the previous session due to the uncertain future of Ukraine’s gas-transit…
