Oil prices fall after Fed rate cut

Oil prices fall after Fed rate cut

New York. Oil prices fell this Wednesday, as the announcement of an interest rate cut by the United States Federal Reserve (Fed) increased concern about the health of the world’s largest economy and investors downplayed a decline in the inventories that they attributed to the impact of short-lived weather conditions. In this context, the European … Read more

Oil prices falling

Oil prices falling

Oil prices fell for the third day in a row today, Friday, and are headed for a decline this week. By 0036 GMT, Brent crude futures lost 57 cents, or 0.8 percent, to $71.03 a barrel, while U.S. West Texas Intermediate crude futures fell 58 cents, or 0.9 percent, to $67.09 a barrel. 2024-09-27 07:01:24 … Read more

Brazil will remain in the oil market as long as there is demand

Brazil will remain in the oil market as long as there is demand

The Minister of Mines and Energy of Brazil, Alexandre Silveira, He said at an oil conference in Rio de Janeiro that as long as there is demand for hydrocarbons in the world, the country will remain in that market, guaranteeing “sustainable” exploitation. “We will not give in to hypocrisy, as long as there is demand … Read more

India rejects Russian oil with the help of money obtained from raw materials from the Russian Federation

India rejects Russian oil with the help of money obtained from raw materials from the Russian Federation

Despite serious environmental problems, India is dependent on fossil energy sources. The main role is played by oil, most of which is supplied by Russian imports. Recently, the situation has started to change and soon India will start abandoning raw materials from the Russian Federation. The OilPrice resource writes about the reasons for this. India … Read more

Olive oil: Who invests in the “green gold” – 2024-09-18 01:50:56

Olive oil: Who invests in the “green gold”
 – 2024-09-18 01:50:56

With olive oil remaining in the category of luxury food, as its price is still much higher even compared to last year when it had already jumped (+49.1% in August based on ELSTAT) and while the consumption especially of the standard has decreased dramatically (estimated at -40%), businesses around “green gold” are booming. Well-known businessmen, … Read more

Oil: From €5.8 in 2022 to €16 in 2024 – 2024-09-07 05:07:38

Oil: From €5.8 in 2022 to €16 in 2024
 – 2024-09-07 05:07:38

The olive producers are trying to recover after last year’s hopeless year. The price of olive oil, which increased by 56% this year, seems to be slowly decelerating, at least wholesale. After the disastrous previous year that sent its prices soaring, consumers are waiting to see the results of the new production. The first signs … Read more

DIA Group joins forces with Unilever and Bosquia

DIA Group joins forces with Unilever and Bosquia

DIA store in Madrid | infoRETAIL infoRETAIL.- DIA Group is strengthening its commitment to sustainability by joining Unilever and Bosquia in an initiative to restore ecosystems affected by climate change. From September 4 to 24, for every product from Unilever’s clothing care brands (Mimosín and Skip) purchased at any DIA store in the country, a … Read more