Now playing Next Markets Oil prices rise: What's pushing up the cost of crude? Geopolitical uncertainties and supply fears boosted oil prices to fresh five-month highs on Tuesday morning. 02/04/2024
Now playing Next Economy EU price rises on the cards? Expert insight on Red Sea economic impact Houthi attacks in the Red Sea have disturbed vital trade routes connecting Europe, the Middle East and Asia. Euronews Business spoke to Dr. Yousef M. Alshammari, Senior Research Fellow at Imperial College London, to explore the consequences for the European and global economy. 31/01/2024
Now playing Next Economy Middle East tensions fuel chances of oil price surge Following a drone attack on a US airbase in Jordan, the Middle Eastern conflict could get worse. US President Joe Biden says his country "will hold all those responsible to account at a time and in a manner of our choosing". 29/01/2024
Now playing Next Markets Markets’ week ahead: European stocks slip ahead of Fed rate reveal The US Federal Reserve is expected to announce its interest rate decision on Wednesday, with speculations of a rate cut increasingly losing steam. 29/01/2024
Now playing Next Economy Europe is where we see more 'sluggish growth', says KPMG High inflation and unemployment could leave the continent lagging behind other major economies in 2024, according to global accounting firm KPMG. 18/01/2024
Now playing Next Economy Red Sea trade route still months away from safety, says Maersk boss Trade in the Red Sea has significantly reduced ever since the start of the Houthi conflict and could still be several months away from returning to normal levels. 12/01/2024
Now playing Next Markets Oil prices stabilise as Libyan supply concerns allayed by slow demand Oil prices stabilised somewhat on Thursday, as concerns over Libyan supplies were allayed by worries about slowing economic growth and demand 04/01/2024
Now playing Next Markets Bitcoin and gold hit record as markets react to US warship attack Investors are eyeing good news from the US economy while concerns of a broader Israel-Hamas war temporarily pushed the price of gold to new levels. 04/12/2023
Now playing Next Markets OPEC+ meeting: Russia and Saudi Arabia extend oil output cuts The November OPEC+ meeting resulted in several more members making deep oil supply cuts whilst others stuck to existing reductions. Euronews Business take a look at how the news moved oil markets. 01/12/2023
Now playing Next Markets Here's why global investors will be closely watching the OPEC+ meeting Global investors, including those in Europe, will be closely watching what actions will be taken at the November OPEC+ meeting, which will shed more light on the next steps of the major oil-producing countries. 29/11/2023
Now playing Next Markets How a dark fleet of ships is helping Russia evade oil sanctions A dark fleet, untraceable operators, and discounts helped Russian oil trade flow despite Western sanctions in the last 18 months. 16/11/2023
Now playing Next Markets Oil prices drop on poor economic data from China Crude oil prices have dropped to their lowest since late July, on the back of weak economic data from China and slowing global demand. 08/11/2023
Now playing Next Markets World Bank: Shock in oil and food prices if Israel Hamas war escalates In its latest report, the World Bank outlines three possible scenarios and what they entail for the commodity markets. 31/10/2023
Now playing Next Markets Israel Hamas war: The outcome the financial markets expect Energy and defence-related investments are set to yield in the next 12-18 months, according to analysts. 30/10/2023
Now playing Next Markets London takes back European stock exchange crown from Paris The London Stock Exchange's performance was lifted by increasing oil prices, according to a Bloomberg index. 19/10/2023
Now playing Next Green News Why do Alaskans get a €1,000 oil cheque every year? Alaska is sitting on a nest-egg oil fund. But dividing it up is an 'emotionally charged' matter for citizens. 05/10/2023
Now playing Next Markets Oil prices keep rising, experts foresee $100 a barrel After a short pause last week, oil prices are on the rise again fuelled by Russia's temporary ban. 25/09/2023
Now playing Next Austria OPEC+: Riyadh to reduce oil output, others to extend previous cuts In order to keep crude oil prices stable on the world market, the OPEC+ countries, including heavyweight Russia, have agreed to maintain previous production cuts through 2024, while Saudi Arabia cuts output by 1 million barrels per day. 04/06/2023
Now playing Next Austria OPEC+ members meet in Vienna to discuss oil production strategy The OPEC+ countries discuss their current production strategy in Vienna. New oil production cuts could result from the meeting as signs of discord between top crude oil producers Saudi Arabia and Russia set the tone of the talks. 03/06/2023
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