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Category energy

Is the Brent crude oil price set to surge amid the US-Iran quagmire?

Is the Brent crude oil price set to surge amid the US-Iran quagmire?

Brent crude oil price ended last week at $109.50, its highest point since May 5 this year. It has soared by over 13% from the lowest point this mon...
Japan’s Energy Shock Pushes Inflation Higher Than GDP Growth, ING Warns

Japan’s Energy Shock Pushes Inflation Higher Than GDP Growth, ING Warns

BitcoinWorld Japan’s Energy Shock Pushes Inflation Higher Than GDP Growth, ING Warns A new analysis from ING highlights a growing divergence in Ja...
Silicon Valley’s Vacationland Faces Energy Crunch as AI Drives Up Power Costs

Silicon Valley’s Vacationland Faces Energy Crunch as AI Drives Up Power Costs

BitcoinWorld Silicon Valley’s Vacationland Faces Energy Crunch as AI Drives Up Power Costs Silicon Valley’s traditional escape from the tech indus...
Commodity wrap: Gold dives 3%, silver sinks 10% as oil climbs on Hormuz fears

Commodity wrap: Gold dives 3%, silver sinks 10% as oil climbs on Hormuz fears

Gold prices slid more than 3%, and silver plunged over 10% on Friday as sentiment in the precious metals market soured drastically.  Oil prices, on...
India gold discounts hit record high after import duty hike

India gold discounts hit record high after import duty hike

India’s gold discounts surged to record levels this week after a sharp increase in import duties dampened demand and triggered investor selling, wh...