The benchmark West Texas Intermediate (WTI) trades around $68.60 in early Asian markets on Friday, hovering around 68.37 recorded on Thursday, the...
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The benchmark West Texas Intermediate (WTI) trades around $68.60 in early Asian markets on Friday, hovering around 68.37 recorded on Thursday, the lowest since December 2023. Crude oil prices depreciate due to concerns over demand in both the United States and China. The US ISM Manufacturing PMI indicated that factory activity contracted for the fifth consecutive month, with the pace of decline slightly exceeding expectations. Additionally, the world’s biggest crude importer, China, showed that manufacturing activity fell to a six-month low in August, with factory gate prices dropping significantly. On Thursday, the US Energy Information Administration (EIA) reported a Crude
The benchmark West Texas Intermediate (WTI) trades around $68.60 in early Asian markets on Friday, hovering around 68.37 recorded on Thursday, the...
The price of silver (XAGUSD) continues to gain ground for the second successive session, trading around $28.40 per troy ounce in Thursday’s European...
Oil prices plunged below $70 per barrel for the first time since 2021 on Tuesday, driven by growing concerns over slowing global economic growth....
THE Central Bank said declines in both international commodity prices and domestic energy production led to an overall deficit of $4.3 billion on the...
THE Central Bank said declines in both international commodity prices and domestic energy production led to an overall deficit of $4.3 billion on the...
OPEC+ has agreed to delay a planned oil output increase for October and November after crude prices hit their lowest in nine months, three sources...
OPEC+ has agreed to delay a planned oil output increase for October and November after crude prices hit their lowest in nine months, three sources...
Crude prices experienced a rebound of over 1% on Wednesday, partially recovering from the previous day’s losses. This upturn was The post Oil Prices...
Oil prices rose on Friday, extending a rally sparked by output disruptions in the U.S. Gulf of Mexico, where Hurricane Francine forced producers to...
Oil prices rose on Friday, extending a rally sparked by output disruptions in the U.S. Gulf of Mexico, where Hurricane Francine forced producers to...