Russia - Page 2

Why Central Bank Gold Buying Just Isn’t Enough for Gold Bugs in 2018

Gold historically has been a major store of value for nations, individuals and other entities. And the reasons that gold is purchased vary wildly from source to source. What is ...
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8 Nations Facing Sky-High Interest Rates and Inflation

The year 2018 has turned out to be both interesting and challenging when it comes to the world's financial markets and economies. The United States has been the world's safe ...
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6 Most Important Things in Business Today

The Turkish currency continued to falter. According to Reuters: Turkey’s lira pulled back from an overnight record low of 7.24 to the dollar on Monday after the central bank pledged ...
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6 Most Important Things in Business Today

The board of CBS Inc. (NYSE: CBS) will look into sexual harassment charges against CEO Les Moonves, according to The Wall Street Journal: Some CBS Corp. directors discussed over the ...
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What OPEC’s Production Hike Means

Crude oil prices added about 3% Friday morning following reports that Organization of the Petroleum Exporting Countries (OPEC) oil ministers have reached a deal to raise production quotas to add ...
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Crude Oil Price Rises on Drop in Inventories, Ignoring Big Increases in Gas, Diesel Stocks

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning showing that U.S. commercial crude inventories decreased by 5.9 million barrels last week, maintaining a total ...
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6 Most Important Things in Business Today

The Trump administration may increase tariffs on Chinese goods again. According to MarketWatch: President Donald Trump threatened to sharply escalate a trade conflict with China, asking his administration to identify ...
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US Oil Rig Count Ticks Up Again as Crude Price Slides

The number of land rigs drilling for oil in the United States in the week ending June 15 totaled 863, up by one compared with the previous week and up ...
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Gasoline Holding at Just Below $3 a Gallon, Crude Oil Price Sliding

The national average price for a gallon of regular gasoline the Memorial Day is $2.97 according to AAA. That's right where it was going into the holiday weekend and pretty ...
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Trump Takes a Shot at OPEC Over High Oil Prices

Ahead of Friday's meeting of Organization of Petroleum Exporting Countries (OPEC) and non-OPEC oil ministers who joined forces more than a year ago to reduce the oversupply of crude oil, ...
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Crude Oil Price Jumps on Inventory Drawdowns

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning showing that U.S. commercial crude inventories decreased by 1.1 million barrels last week, maintaining a total ...
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Aluminum Stocks Jump on Trump Sanctions

When President Trump threw Rusal CEO Oleg Deripaska under the bus last Friday, commodities traders and investors began to calculate how much damage the Russian aluminum giant would suffer. The ...
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Exxon Pulls Out of Massive Russian Oil Deal

In 2012, Exxon Mobil Corp. (NYSE: XOM) struck a deal with Russian oil giant Rosneft to explore for oil off the north coast of Russian and in certain onshore locations. ...
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Twitter Says 677,775 People Touched by Russia-Based Organizations

Twitter Inc. (NYSE: TWTR) has put a number on the people it says interacted, almost certainly without their knowledge, with government-related operations in Russia. That number is 677,775. The announcement was ...
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Russia Setting Rules for Cryptocurrency Miners

At a meeting this week in Russia, cryptocurrency miners from 15 countries will show the country's parliament how cryptocurrencies are mined and explain how the miners' home countries regulate mining. ...
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