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Oil Prices Dip on Prospects of Prolonged Higher US Rates and Strengthening Dollar

Oil prices took a tumble by nearly $1 a barrel on Friday, influenced by remarks from U.S. central bank officials hinting at the potential...

Is fiat money backed by gold or silver?

Money serves as a medium of exchange, unit of account, and store of value in modern economies, facilitating transactions and economic activity. Fiat money,...

How many stocks are in KLSE?

The Kuala Lumpur Stock Exchange (KLSE), also known as Bursa Malaysia, is a vibrant and dynamic marketplace that plays a pivotal role in the...

European Stocks Ascend on Positive Sentiment Fueled by UK Growth Data

European stock markets experienced a surge on Friday, buoyed by stronger-than-anticipated U.K. growth figures that contributed to an overall positive market sentiment. At 03:05 ET...

What is natural gasoline?

Natural gasoline, also known as pentanes plus, is a valuable hydrocarbon liquid derived from natural gas processing. While it shares similarities with traditional gasoline...

Why is gold sold at a premium?

Gold, often referred to as the "king of metals," has captivated human civilization for millennia due to its rarity, beauty, and intrinsic value. As...

What is the premium on 1 oz of gold?

Gold has long been revered as a store of value and a hedge against economic uncertainty, making it a sought-after asset for investors around...

China’s April Crude Oil Imports Surge by 5.45% Compared to Previous Year

China witnessed a notable increase in crude oil imports in April compared to the same period last year, as refiners geared up for a...

Shell has announced the sale of its Bukom refinery located in Singapore

Shell, the multinational oil corporation, has announced the sale of its Bukom refinery located in Singapore, marking a significant shift in its strategic direction....

Is coleman fuel the same as unleaded gasoline?

Coleman fuel and unleaded gasoline are two common fuels used for different purposes, but they serve distinct functions and have unique properties. While both...

What is bitcoin backed by?

Bitcoin, the pioneering cryptocurrency, has captured the imagination of investors, technologists, and the general public alike since its inception in 2009. As a decentralized...

What is the main goal of Web3?

In the ever-evolving landscape of technology and innovation, Web3 has emerged as a revolutionary concept that seeks to redefine the way we interact with...

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