“It’s still harmless”: Bad job data make Dow skid

Gloomy numbers and even bleaker prospects on the US labor market are driving investors on Wall Street away again. The only bright spot for the stock market is the ongoing rally on the oil market. The drastic job cuts in the US weighed on the US stock markets on Friday. Investors preferred to cash in … Read more

Trump discusses punitive tariffs against Saudi Arabia

new York The low oil price is now also calling on the US President. According to a report by the “Wall Street Journal”, Donald Trump wants to meet with the CEOs of the largest oil companies on Friday to discuss ways out of the difficult situation. According to this, both aid for industry and punitive … Read more

Egypt announces the price of oil in the budget .. and explains the reason for the “three times”

<div id = "firstBodyDiv" data-bind-html-content-type = "article" data-bind-html-compile = "article.body" data-first-article-body = " Oil prices recorded a new sharp decline today, and US crude fell briefly from $ 20 a barrel, while Brent crude recorded the lowest level in 18 years. “I must fortify the budget (…) because the price of a barrel of oil … Read more

Biggest decline since 1991: Oil price drops by around 30 percent – economy

After the price war between Saudi Arabia and Russia began, the price of oil fell about 30 percent on Monday. The Brent crash of 31.5 percent to $ 31.02 a barrel was the largest drop since January 1991 at the start of the first Gulf War. This also applied to US light oil, which initially … Read more

The panic came overnight TIME ONLINE

content Read on one page content page 1 –The panic came overnight Page 2 –A new credit crisis could be imminent The corona virus has long since reached the financial markets. Rarely has Wall Street started a week with so much uncertainty. Will the days come a recovery of the courses or will everything only … Read more

Tensions in the Gulf drive gold prices to four-month highs

Gold and oil prices rose further on Friday due to a severe worsening of tensions between the United States and Iran. Fearing supply shortages, investors will buy crude oil on Friday. In the morning, a barrel (159 liters) of North Sea Brent cost $ 68.18. That was $ 1.93 more than on Thursday. The price … Read more