Petrobras, Brazil’s state-run oil giant, has announced that the price of diesel sold to distributors will be reduced by an average of 0.12 real ($0.0205) per litre beginning Friday.According to Reuters, the move follows recent drops in global oil prices and comes only two weeks after US President Donald Trump…
The Asian Liquified Natural Gas (LNG) market experienced a decline in prices this week, which spurred opportunistic buying activity from some Asian importers. The lower prices presented an attractive opportunity for these importers to secure LNG cargoes at a more favorable cost, potentially leading to increased imports in the near term. “The…
Globalization has long been regarded as an unstoppable wave in the world of international trade and cooperation, promoting economic growth and cultural exchanges all over the world. However, in recent years, several obstacles have emerged that threaten to undercut decades of development. According to a Statista report, the revival of…
Shareholders of LVMH Moët Hennessy Louis Vuitton voted on Thursday to allow Bernard Arnault to remain at the helm of the company until the age of 85, extending the reign of the man who built the world’s most valuable luxury goods empire. The move, approved with more than 99% support,…
The US dollar index remains under pressure this week as the market focused on the latest issues between Donald Trump and Jerome Powell. The DXY index traded at $99.38 on Friday, a few points above the year-to-date low of $99. This article explores the potential consequences of Trump firing Powell,…
The Nikkei 225 index has bounced back this month as the US and Japan continued their negotiations on tariffs. After falling to a low of ¥30,800 on Trump’s Liberation Day, it has rebounded by over 12.4% to the current ¥34,610. It is hovering at the highest point since April 3.This…
The FTSE 100 and FTSE 250 indices have rebounded over the past two weeks as European stocks have emerged as safer havens amid the ongoing trade war. The mid-cap FTSE 250 index rose to £19,250, up from this month’s low of £17,500. Similarly, the blue-chip FTSE 100 index has soared by…
GE Aerospace’s stock price is under pressure in 2025 as last year’s rally takes a breather and as investors assess the impact of Donald Trump’s tariffs on all countries. The stock was trading at $181.80 on Thursday, down by 15% from its highest point this year. This article provides a…
The Bitcoin price has remained under pressure this year, dropping from a record high of $109,300 to its current level of $84,640. Still, the technicals and its historical performance points to an eventual surge to a record high in the long term. This article explains why the BTC price is…
The ServiceNow stock price has declined significantly over the past few months, dropping from a high of $1,196 in January to its current level of $772. It has dropped by over 35% from its highest level this year, meaning that it is now in a bear market. This article explains…