UAE Sets Ambitious Target of Pumping 5 Million Barrels of Crude Oil By 2025; How it Works Adnoc partners with multinational energy giants like Shell, British Petroleum, ExxonMobil, Total, CNPC, ONGC, Oxy and Jodco. Sep 20, 2022By Jacob J
Another US Stock Rout in the Offing? More Attractive T-Bills, Dollar Drive Investor Exodus Last week, brokerage Morgan Stanley had warned that S&P 500 could drop up to 25 percent in the next four months. Sep 19, 2022By Jacob J
Germany Seizes Russian Energy Giant Rosneft's Assets and Refining Facilities Last week, Russian state-owned gas monopoly Gazprom completely stopped gas supplies to Europe through the Nord Stream 1 pipeline. Sep 16, 2022By Jacob J
US Stocks Plunge After Inflation Data; Nomura Signals Bloodbath, Says Fed Could Raise Rates by 100 Basis Points The Dow Jones Industrial Average slid lost 1,276 points, or a whopping 3.94 percent, to close at 31,104. Sep 14, 2022By Jacob J
US Stocks: S&P 500 Could Plunge to 3,000 If Recession Hits Economy, Morgan Stanley Warns The analysts say that the Wall Street bear cycle has not ended yet and that they expect the S&P 500 to fall to 3,400 by the end of the year. Sep 10, 2022By Jacob J
German Gas Giant Uniper Seeks More Funding to Prevent Collapse as Europe Gas Crisis Worsens Major energy companies in the European Union are already facing a liquidity crisis. Sep 8, 2022By Jacob J
European Union Presidency Denounces Move to Enforce Price Cap on Russian Gas The Czech Republic is currently holding the rotating Presidency of the Council of the European Union. Sep 8, 2022By IANS
Europe Faces Lehman Brothers Moment as Energy Companies Face Daunting Margin Calls - Report Major energy companies in the European Union are already facing a liquidity crisis. Sep 7, 2022By Jacob J
Double Whammy: Kremlin Says No Gas For Europe Until Sanctions Lifted; OPEC+ Cuts Oil Output Kremlin spokesperson Dmitry Peskov blamed the Western sanctions for the halting of gas flows through the Nord Stream 1 gas pipeline. Sep 5, 2022By Jacob J
Russia Indefinitely Stops Nord Stream Gas Flows to Europe, Blames Western Sanctions Russian gas supplies to Europe have been significantly reduced since the beginning of the Ukraine war. Sep 3, 2022By Jacob J
Nancy Pelosi Under Scrutiny as Husband Paul Sold Nvidia Shares Before Stock Crash Caused by Government Order By selling the shares just in the nick of time, Pelosi avoided a staggering 20 percent loss. Sep 2, 2022By Jacob J
Russia Stops Natural Gas Supplies to Germany Through Nord Stream 1 Moscow has battled Western allegations that the halting of natural gas is a way of retaliating against the West's support for Ukraine in the war. Aug 31, 2022By Jacob J
Powell's Jackson Hole Speech Spooks Markets; Dow, S&P 500 and Nasdaq Crash A failure to restore price stability would mean far greater pain, says Fed Chair Jerome Powell at the Jackson Hole Conference. Aug 27, 2022By Jacob J
Meet Cristhofer Munoz, aka Founder of Level Up Enterprises and Level Up Algo,taking over the stock markets. If you are new to the stock market, then Cristhofer Munoz is an excellent example of how to invest in the stock market Aug 26, 2022By IBT Desk
Russia's Gazprom to Shut Nord Stream 1 Gas Pipeline in Further Blow to Europe Once the maintenance is complete Gazprom will resume pumping of 33 million cubic metres of gas a day through the pipeline, which is mjust 20 percent of the original capacity. Aug 20, 2022By Jacob J