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Latest Economic News

Oil is moderately declining at the end of the week

September, 20 2024

World oil prices were moderately declining on Friday morning amid continuing negative market sentiment caused by a number of fundamental factors.The current price of Brent oil is $74.40 per barrel. North American WTI crude is trading near $70.67. Analysts continue to analyze the results of the recent meeting of the US Federal Reserve System, at which the regulator lowered the discount rate by 0.5 percentage points for the first time since 2020, to 4.75-5% per annum. Experts are trying to un... Read More

Latest Economic News

Oil is moderately declining at the end of the week

All News

Oil prices are rising amid the situation in the Red Sea

Britain has imposed an embargo on exports of dual-use goods to Russia

Oil recovered to $77 per barrel

The ECB has kept all three key interest rates at the same level

Oil prices recover after reaching 6-month lows

The US Federal Reserve kept the rate at 5.25-5.5%

Experts: what will the devaluation of the peso in Argentina lead to?

Gold prices fell below $2,000 ahead of the Fed meeting

The value of SpaceX soared to $180 billion as a result of the tender offer

Argentina has announced a two-fold devaluation of the peso

Brent crude oil dropped to 5-month lows

The IMF noted the risk of a new cold war between the United States and China

The Central Bank of Argentina has limited access to dollars due to preparations for reforms

Indices of economic expectations in Germany and the eurozone rose to multi-month highs

China will eliminate import duties for goods from six African countries

UN: World trade shrank by 5% in 2023

The S&P 500 index has reached its highest level since the beginning of the year

What are the prospects for resuming the grain deal?

Deflation in China in November amounted to 0.5% and updated a 3-year high

German inflation slowed to 2.3% in November

Analysts warn of the longest drop in oil prices since 2018

Exports from China increased for the first time in 6 months

Industrial production in Germany unexpectedly decreased by 0.4% in October

The oil market is at multi-month lows

The Central Bank of Australia expected to leave the rate at 4.35%

India's stock market achieves $4 trillion market capitalization

The Turkish lira has collapsed to a new historical low

Brent dropped below the level of $78 per barrel

Bloomberg: what is the reason for the «roller coaster» in the oil markets

The share price of Coinbase has tripled in 2023