Last month, OPEC countries reduced oil production by 110,000 barrels per day, bringing the total to 27.43 million barrels per day. This is due to production cuts in Nigeria and Iraq ahead of OPEC+'s plans to gradually restore production to stabilize oil prices. The leadership of the alliance calls for strict compliance with quotas, which a number of countries continue to ignore.Saudi Arabia and Russia, which lead OPEC+, decided to increase production by 138 thousand barrels per day this month. T... Прочетете още
A U.S. central banker forewarned that advanced economies and financial institutions in the United... Прочетете още
US President Donald Trump and India’s Prime Minister Narendra Modi had clinched the deal in i... Прочетете още
ECB President Mario Draghi argued in a statement last Monday that the... Прочетете още
Business growth in the eurozone did not meet expectations as it approaches the end of the first... Прочетете още
Theresa May, British Prime Minister of Britain, said to the leaders of European Union that EU... Прочетете още
The US Senate’s health-care bill has cut billions of dollars worth of taxes from large businesses a... Прочетете още
The majority of US stock prices crashed on the back of an ever-worsening bout of slump on both... Прочетете още
According to the most recent poll, Chinese economists have a positive outlook regarding the future... Прочетете още
Federal Reserve authorities are applying more on a hawkish side on the next rate hike signifying... Прочетете още
The Ifo Institute for Economic Research in Germany had revised its projections regarding the... Прочетете още
The U.S. central bank is ambivalent whether to proceed with the interest-rate hikes in the future... Прочетете още
The Republican bloc of the US Senate will be releasing their draft of the healthcare bill this... Прочетете още
The American economy remains optimistic as shown in the All-America Economic Survey by CNBC,... Прочетете още
Japanese manufacturers confidence rating rallied this month reaching the record level high in April... Прочетете още
The EU bloc dominated the first round of Brexit negotiations as UK officials cowered and retreated... Прочетете още
South Korea implemented tighter mortgage rules and adjust speculations regarding the resale of... Прочетете още
Japanese exports had gained higher in May which recorded on its fastest pace two years ago.... Прочетете още
RBA Governor Philip Lowe thinks that the Australian economy will still be able to grow further if... Прочетете още
Prices of oil surged on Friday maintaining its close to six-month lows because of excess supply... Прочетете още
The council of Calgary asked to produce an economic development investment fund (EDIF) that... Прочетете още
As the Bank of Japan will be concluding its two-day meeting on Friday, BoJ Governor Haruhiko... Прочетете още
Australia created additional jobs with a total of 42,000 which exceeded the expectations of 10,000... Прочетете още
The New Zealand economy climbed by 0.5 percent in the first quarter of the year but still lower... Прочетете още
The US Federal Reserve has pushed through with its planned interest rate hike for this month while... Прочетете още
Financiers from Germany shows confidence towards the recovery of the Euro region, however, the UK... Прочетете още
Credit card losses will most likely increase in volume in the United States and all over the... Прочетете още
UK Prime Minister Theresa May has recently appointed a leading anti-EU Tory campaigner as a junior... Прочетете още
Countries, Italy and Qatar decided to maintain their deal regarding close integration on economy... Прочетете още
The Bank of Finland forecast data shows the growth of Finland’s economy as exports recuperated g... Прочетете още
On Friday, the British pound slumped following vague results without a particular party that... Прочетете още
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