Tag: rises

The more gasoline rises above $5, the greater risk there is of recession

Gasoline is nearing an average $5 per gallon across the U.S., but while consumers are feeling the pain, prices are not yet at a level that would tip the economy into a recession,...

Gold rises as inflationary pressures mount, yields fall

(Reuters) - Gold prices rose on Tuesday after mounting inflation concerns boosted safe-haven bids for the precious metal and as a decline in U.S. Treasury yields added support.Spot gold rose 0.6% to $1,851.63...

Crude Oil Rises as Talks Around Russian Oil Embargo Trumps Dollar Rally

BRENT CRUDE OIL (LCOc1) ANALYSISEU Russian oil ban takes center stage.Chinese slowdown impacting oil demand.Symmetrical triangle break could lead to higher oil prices.CRUDE OIL FUNDAMENTAL FORECAST: BULLISHBrent crude prices climbed on Friday despite...

Eurozone Economy Slows As Inflation Rises To 7.5%

Eurozone growth has been a mixed bag over the first quarter, with solid growth in , modest growth in  and , stagnation in , and a contraction in .  The reasons behind this were also very different depending...

Oil Rises as Libya Halts Production at Largest Field & EU Mulls Russian Petroleum Ban

OIL PRICES KEY POINTS:Oil extends its winning streak and rises for a fourth consecutive sessionNews that Libya has temporarily suspended production at its largest oilfield and reports that the European Union is drafting...

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