Oil prices rose on Tuesday as supply cuts by producer club OPEC and Russia as well as declining U.S. rig counts bolstered sentiment. Global benchmark Brent crude climbed 0.90 percent to $59.52 per barrel, while U.S. West Texas Intermediate (WTI) crude futures were up 0.85 percent at $50.94 per

Currently, experts point out three factors pushing up oil quotes. These include positive sentiment regarding negotiations between the United States and the People’s Republic of China, a decline in production by leading oil producers, as well as positive statistics on black gold reserves in Ame...

Last night’s FOMC results were largely as expected with the exception of the press conference which once again proved to be hesitant and uncertain in giving a set direction. The FED has decided to keep rates unchanged, however 3 out of 12 FOMC members have opted to raising rates in September. ...

The Forex markets are in constant flux, and currency values respond each day to various macroeconomic factors. Traditionally, the economy of a specific country – its employment rate, GDP, monetary policy and inflation levels – has been the most important factor for day-traders to watch. However,

The price of March futures for Brent oil in the course of trading on the exchange ICE in London exceeded $59 per barrel, signalling growth at 2.28%. The price of Texas crude oil price in electronic trading of the new York Mercantile exchange (NYMEX) also continued to rise, reaching by evening