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Australian Stocks Close Higher, S&P/ASX 200 Up 0.53%

On Monday, Australian stocks concluded the trading session with gains, with the S&P/ASX 200 rising by 0.53%. The positive performance was primarily driven by...

Japan Stocks Close Lower; Nikkei 225 Slides 1.10%

On Monday, Japan's stock market concluded the trading session with a downturn, driven by losses in the Shipbuilding, Mining, and Transportation Equipment sectors. At the...

Why is crude oil called brent?

In the realm of commodities trading, Brent crude oil occupies a prominent position as a benchmark for oil prices worldwide. The name "Brent" may...

What is ice brent?

In the complex world of commodities trading, understanding the significance of benchmarks like ICE Brent is crucial for investors, traders, and industry professionals alike....

How crude oil is refined into petroleum products?

In the realm of energy production and consumption, crude oil stands as a cornerstone resource, powering industries, transportation, and countless other facets of modern...

Egypt Implements Fuel Price Hikes as Part of IMF Agreement

Egypt has increased prices on a wide range of fuel products, according to an announcement in the official gazette on Friday, progressing with a...

Oil Prices Slide Amid Prospects of Gaza Ceasefire and Dollar Strength

Oil prices experienced a decline on Friday as the possibility of a ceasefire in Gaza emerged, potentially easing geopolitical tensions in the Middle East....

Australia’s S&P/ASX 200 Ends Lower by 0.15%

Australia's stock market closed lower on Friday, with the S&P/ASX 200 index declining by 0.15% in Sydney trading. Losses in sectors such as Energy,...

Japan Stocks Edge Up, Nikkei 225 Reaches New All-Time High

Tokyo, Japan - In Friday's trading session, Japan stocks saw an uptick, buoyed by gains in the Paper & Pulp, Banking, and Insurance sectors. At...

How is oil stored in the strategic petroleum reserve?

In the global energy landscape, oil remains a vital commodity, serving as a cornerstone of economic development and national security for many countries. Recognizing...

Oil Prices Rise on Weaker Dollar and Fed’s Rate Cut Talk

Oil prices advanced in Asian trade on Thursday, supported by a weaker dollar following the Federal Reserve's indication of potential interest rate cuts in...

Oil Prices Rebound Following Surprise Drop in US Crude and Gasoline Stocks

Oil prices rebounded on Thursday as unexpected drawdowns in U.S. crude and gasoline inventories provided support, despite indications that the U.S. Federal Reserve may...

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