Tag: brent
Saudi Arabia Reduces July Arab Light Crude Oil OSP to Asia
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Saudi Arabia has adjusted its official selling price (OSP) for its flagship Arab Light crude oil to Asia for July, setting it at plus...
Europe Anticipates First ECB Rate Cut in Nearly 5 Years, Stocks Edge Higher
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European markets edged higher on Thursday, nearing an all-time high, while the euro strengthened as investors awaited the European Central Bank's (ECB) widely anticipated...
Dollar Edges Up Ahead of Key Data and Bank of Canada Policy Meeting
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The dollar stabilized on Wednesday, anticipating crucial U.S. economic data releases and a monetary policy meeting in Canada that traders speculate could trigger rate...
Oil Prices Near Four-Month Low Amid OPEC+ Supply Outlook and Rising U.S. Stocks
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Oil prices remained near four-month lows on Wednesday as markets anticipated a supply increase later this year when OPEC+ begins to unwind some output...
Stocks Gain on Rate-Cut Wagers as ECB Meeting Looms
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World shares rose on Wednesday and the dollar steadied with a European Central Bank policy meeting coming into focus following soft U.S. labor market...
European Shares Rally, Anticipating ECB Rates Move
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European markets experienced a rebound on Monday, with government bond yields dropping, as investors awaited a potential interest rate adjustment from the European Central...
Oil Prices Steady Amid Rate and Inflation Concerns, Despite Large Inventory Draw
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Oil prices remained steady in Asian trade on Thursday as optimism over a larger-than-expected draw in U.S. inventories was tempered by caution ahead of...
European Stocks Mostly Lower Ahead of Key Inflation Data
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European stock markets largely fell on Thursday, influenced by rising global bond yields and the anticipation of crucial inflation data set to be released...
Oil Prices Rise on Expectations of OPEC+ Maintaining Output Cuts and Summer Demand Surge
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In Asian trading on Wednesday, oil prices saw an uptick as market participants anticipated major producers to uphold output cuts at an upcoming meeting...
Oil Prices Stabilize Amid OPEC+ Restraint and Interest Rate Uncertainties
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Global oil prices found stability on Tuesday, as anticipation of OPEC+ sustaining oil supply constraints at its June 2 gathering, coupled with optimism surrounding...
Japan Stocks Decline as Nikkei 225 Drops 0.10%
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Tokyo, Japan – Japan's stock market closed lower on Tuesday, with declines in the Marine Transport, Machinery, and Warehousing sectors driving the downturn. The...
Japan Stocks Close Higher; Nikkei 225 Up 0.74%
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Tokyo's stock market concluded Monday's trading session on a positive note, driven by gains in the Shipbuilding, Marine Transport, and Paper & Pulp sectors,...