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Oil Prices Stabilize Amid Signs of Approaching Agreement in Ukraine
SadaNews - Oil stabilized after closing at a month’s low, amid indications that a peace agreement in Ukraine is nearing, a development that could pave the way for lifting restrictions on Russian crude, at a time when a supply glut is expected.
Brent crude traded near $63 per barrel after falling by...
Oil Prices Stabilize Amid Signs of Near Agreement in Ukraine
SadaNews - Oil stabilized after closing at its lowest level in a month, amid signs that a peace agreement in Ukraine is approaching, a development that could pave the way for lifting restrictions on Russian crude, at a time when a supply glut is expected.
Brent crude traded near $63 a barrel after...
Gold Prices Near $4,150 per Ounce
SadaNews - Gold fluctuated as traders assessed the growing chances of an interest rate cut in the United States against the possibility of reaching a peace agreement in Ukraine.
The precious metal traded near $4,157 per ounce after finishing the previous session with little change. Recent economic...
مصر تسدد نحو 220 مليون دولار جديدة من المستحقات المتأخرة لشركات النفط الأجنبية
أطول إغلاق حكومي يكلف أميركا 11 مليار دولار ويعطل البيانات الاقتصادية
Oil Prices Decline Amid Anticipation of a Possible Deal Between Ukraine and Russia
SadaNews - Oil prices fell after recording the largest weekly loss since early October, as traders assessed the prospects of reaching a peace agreement between Ukraine and Russia, which could increase crude flows to a market facing the risks of a supply surplus.
Brent crude dropped towards $62 a ba...
Gold Prices Near $4,050 per Ounce
SadaNews - Gold slightly decreased as the market assessed the chances of the Federal Reserve making another interest rate cut before the end of the year.
The yellow metal was trading near $4,050 per ounce after suffering modest weekly losses. Many officials from the U.S. central bank expressed caut...
الشركات السعودية تعيد هيكلة إنفاقها وسط استمرار الزخم الاستثماري
China Continues to Lead the Global Scene in Base Metals
SadaNews - A clearer picture is now emerging regarding Beijing’s plans to ease restrictions on the export of rare earth metals and other base metals following the meeting between Presidents Donald Trump and Xi Jinping in October in Busan, South Korea.
The pressure seems to have eased curren...
Global Coffee Prices Fall After Trump Cancels Tariffs on Brazil
Economy SadaNews - Global coffee prices have fallen after U.S. President Donald Trump canceled a 40% tariff on imports of Brazilian agricultural products, including coffee and cocoa, in response to increasing concern among American consumers about rising food costs.
A Reuters/Ipsos poll showed that...
Syria Officially Returns to the SWIFT System
SadaNews Economy - Central Bank of Syria Governor Abdul Qadir Al-Hosari stated that the bank sent its first "SWIFT" message to the Federal Reserve Bank in New York on Thursday.
Reuters quoted Al-Hosari as saying, "We sent a greeting (message) to all international correspondent banks. We started wit...
Egypt buys 80 LNG shipments from US 'Hartree Partners' for 4 billion dollars
Economie Sada - Egypt has agreed to purchase approximately 80 shipments of liquefied natural gas from the American company "Hartree Partners" for a value of 4 billion dollars, with shipments set to begin in January, according to an Egyptian government official speaking to "Asharq"...