Prices for benchmark oil brands collapsed on Wednesday, reaching multi-month lows: Brent crude fell to $75.30 per barrel, North American WTI crude fell to $70.13. The last time such values were recorded was in early July.The oil market continues to assess the consequences of the voluntary reduction of oil production by OPEC+ countries by 2.2 million barrels per day announced last week (in the first quarter of 2024).Moreover, Saudi Arabia has lowered the selling prices of Arab Light oil for Asia ... Read More
The Reserve Bank of Australia (RBA) has decided to keep the key interest rate at 4.35% per annum,... Read More
The year 2023 proved to be particularly successful for the Indian economy, thanks to a significant... Read More
The Turkish lira hit a new historic low at the start of trading on Monday. The dollar exchange rate... Read More
On Monday, there is a significant decrease in oil prices. The current Brent quote is $78.25 per... Read More
Today, oil trading resembles a roller coaster, and trading bots are behind it, Bloomberg analysts... Read More
