Russian Ruble Tanks, Oil Prices Soar on EU and US Embargo Talks

Russia’s ruble plummeted in response to discussions between the US and the EU in regards to halting Russian oil imports.

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Russia-Ukraine Conflict: Where Are Bitcoin and Crude Oil Heading?

Based on the latest updates, we are assessing European banks' exposure, crude oil analysis and an outlook for bitcoin and cryptocurrencies.

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Bitcoin Outperforms than Commodities in 2021 Amid Dormant BTC Circulation Going a Notch Higher

Bitcoin is the best-performing asset compared to commodities this year BTC with a return of 96%. (Read More)

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Commodities Slump on China's Economic Headwinds

Commodity prices dropped 9% amid China's economic woes affecting demand, including COVID-19 and property sector issues. Crude oil prices fell sharply. Despite a positive long-term outlook, short-term risks remain. (Read More)

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Gold, Silver, and Crypto Prices Surge After Federal Reserve’s Quarter-Point Increase

Following a quarter-point increase in the federal funds rate by the Federal Reserve on Wednesday, precious metals such as silver and gold experienced a surge in value against the U.S. dollar, with gains ranging from 0.87% to 1.18%. Gold, in particular, has been on an upward trajectory, having risen by 3.4% in the past month [...]

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Saudi Arabia Extends Oil Production Cuts, Further Irking US Officials 

Saudi Arabia announced it will continue limiting oil production through September, extending output reductions that have drawn criticism from Washington. Riyadh Holds Firm on Oil Output Limits Saudi Arabia said Thursday it will keep oil production nearly one million barrels per day below its quota for another month, according to a statement from the Saudi [...]

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Saudi Arabia and OPEC Reveal Surprise Oil Production Cut; White House Insists Cuts Aren’t Advisable Right Now

On Sunday, Saudi Arabia and several major oil producers announced their plan to cut oil production by 1.15 million barrels per day, starting in May and continuing until the end of 2023. According to the Saudi Energy Ministry, the move was coordinated with some members of the Organization of the Petroleum Exporting Countries (OPEC) and [...]

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