China becomes top greenfield investor in Saudi Arabia with $16.8bn Updated 04 April 2024 April 04, 2024 16:29 China becomes top greenfield investor in Saudi Arabia with $16.8bn Updated 04 April 2024 Arab News April 04, 2024 16:29 RIYADH: China has become the top greenfield foreign direct investor in Saudi Arabia with investments amounting to […]
On Thursday, the rupee recovered 14 paise to close at 83.39 against the US dollar (Photo: X@ANI) The rupee depreciated 6 paise to 83.45 against the US dollar in early trade on Friday, as market participants remained cautious ahead of the announcement of the Reserve Bank of India’s rate-setting panel’s decision. Forex traders said the
Rupee declines 6 paise to 83.45 against US dollar in early trade today Read More »
Asian shares retreated on Friday as hawkish comments from some Federal Reserve officials and escalating geopolitical tensions put a dent in risk sentiment, while traders were also cautious ahead of U.S. jobs data due later in the day. The threat of supply disruptions owing to a prolonged conflict in the Middle East kept Brent futures
Asia stocks stumble on risk-off mood; oil prices climb Read More »
WTI is seen consolidating its recent strong move to over a five-month peak. Worries about supply disruptions and tight global supply lend some support. Signs of improving demand should further contribute to limiting the downside. West Texas Intermediate (WTI) US Crude Oil prices enter a bullish consolidation phase during the Asian session on Thursday and
WTI stands tall near multi-month peak, just above $85.00/barrel mark Read More »
NEW YORK – Oil prices scored fresh five-month peaks on Wednesday on unrest in the crude-rich Middle East and an OPEC+ call for its members to maintain its strategy of reducing output. Eurozone stocks advanced as a drop in inflation raised hopes of a rate cut by the European Central Bank, while Wall Street stocks
Oil prices hit fresh five-month high Read More »
Tom Kool Tom majored in International Business at Amsterdam’s Higher School of Economics, he is Oilprice.com’s Head of Operations More Info By Tom Kool – Apr 03, 2024, 12:30 PM CDT With Brent crude oil closing in on $90 per barrel on Wednesday, Bank of America energy analysts have boosted their price forecast for this
BofA Sees Summer Oil Price Peak at $95 Per Barrel Read More »
The anticipated changes in fuel prices, contingent upon government approval, are poised to impact consumers across Pakistan. According to sources familiar with the matter, adjustments are expected to commence in the first half of April, potentially resulting in significant shifts in petrol, diesel, and kerosene oil prices. Presently, petrol is priced at Rs 272.75 per
Petrol Price Expected to Surge by Rs 9.94 Litre for Next 15 Days Read More »
Globally, oil prices traded higher in March 2024 as compared to the previous month on a tighter supply outlook and heightened geopolitical risk Published: Sat 30 Mar 2024, 7:35 AM The UAE’s Fuel Price Committee is set to announce petrol and diesel prices for the month of April soon. The prices are revised to align
UAE to announce fuel prices for April: Will prices rise for 3rd consecutive month? Read More »
WTI Oil closed off Thursday at $82.82, close to a fresh five-month high. Oil traders remain bullish despite recent US stockpile build-ups. The US Dollar Index trades in the green, and could post a fresh monthly high. Oil prices have been heading higher in recent weeks, with several elements painting a rather sketchy picture of
Oil looks set to reach $90 despite US production at near full capacity Read More »
On March 29, 2024, 5:49 AM Crude oil prices were in the red today after the Energy Information Administration reported an inventory build of 3.2 million barrels for the week to March 22. This compared with a draw of 2 million barrels for the previous week, when the EIA also estimated a sizeable draw in gasoline inventories, which helped
Oil Moves Down on Inventory Rise Read More »
