The US Needs A Weak Currency, Which Will Be A Tailwind For Commodities
Historically, a strong US dollar has been a blessing for America’s consumption-driven economy. We are entering a period, though, where...
archiveoil
Why do most countries buy oil in U.S. dollars?
Oil prices have been rising this month, and on average rising all this year. Part of that is the expectation that...
Nvidia Joined 11 Companies That Have Led the Stock Market in the Past Century
Nvidia joined some famous company when it recently became the most valuable company in the U.S. stock market. Nvidia, Microsoft,...
Saudi Arabia To Sell Oil in Multiple Currencies
The Kingdom of Saudi Arabia’s 50-year-old agreement with the U.S. to sell oil in the petrodollar has expired. However, there...
Russia Calls Oil-Producing Countries To Ditch US Dollar Currency
The currency wars have intensified as Russia is reeling under the economic sanctions pressed by the White House. The Russian...
Egypt’s Sisi says flexible currency is possible with new financing
RIYADH: Saudi Arabia’s Tadawul All Share Index rose on Sunday, gaining 40.74 points, or 0.32 percent, to close at 12,618.62. ...
Stock markets waver, oil prices edge up
Tokyo's Nikkei index closed above 40,000 points for the first time (Kazuhiro NOGI)Global stock markets wavered on Monday but Tokyo...
Meta, Amazon, Apple, Chevron, Gen Digital, Charter, Deckers, Atlassian, and More Movers
Shares of Meta Platforms surged 21% and were on track to set a record high after the parent company of...
International Media Investments makes 2 new appointments
LONDON: The chief executive of UAE-based International Media Investments has pledged unparalleled investment for The Telegraph if the company’s takeover...
Fifth of Global Oil Trade Used Non-Dollar Currencies in 2023
A fifth of global oil trade this year was settled in currencies different from the U.S. dollar as countries such...
