June Brent futures rose to $66.88 per barrel, while WTI rose to $62.97 per barrel. Earlier, oil prices fell by 2-2.2% due to rumors that OPEC+ countries may accelerate production growth in June. The decision on this issue will be discussed at the meeting on May 5.Analysts note that at the current level of compliance with OPEC+ quotas, it may continue to increase oil production at an accelerated pace. Additional support for prices is provided by signals about the readiness of the United States an... Read More
The Chinese oil import was robust as supported by the crude oil prices according to traders. The... Read More
Finance Minister Bruno Le Maire is present in the conference with central bankers and Group of 20... Read More
The Canadian economic growth increased the estimated value until next year of the... Read More
The Gross Domestic Product (GDP) of India may decline to 7.0 percent for this year versus 8.6... Read More
On Tuesday, the comprehensive global economic growth is expected to remain this year until 2018,... Read More
A decline in the local dollar is anticipated as warned by the leader of the small nationalist party... Read More
Exports from Germany surpassed imports in August bringing the gap of the trade surplus wider and... Read More
The Office for National Statistics of UK further put pressure on the Bank of England over the issue... Read More
The German economy was able to conduct a reversal from the slackening summer with its most... Read More
China’s services expanded at the slowest rate in the since January 2016 as the market cools down r... Read More
The Italian bank, Monte dei Paschi intends to introduce a voluntary public offering to swap shares... Read More
The trade deficit in Canada expanded last month as exports declined for three straight months,... Read More
Policies for mortgage services have eased off their time requirements in communication which would... Read More
The growth of East Asia and Pacific (EAP) countries are improving this year, partly because of the... Read More
The services sector in Russia rose at the fastest rate in three months to September amid higher... Read More
According to the statistics issued by the Organisation for Economic Co-operation and Development... Read More
The consumer confidence in Australia declined last week due to the current and future finances... Read More
Large factories in Asia has been more active in September along with the rise in global growth with... Read More
The growth in the UK private sector had reduced marginally during the third quarter, as mentioned... Read More
The American economy improved slightly faster versus its earlier estimate during the Q2, this is... Read More
Japanese policymakers plan to expand the country’s monetary policies in the recent review in S... Read More
Iraq disclosed that it will only deal with the Turkey government when it comes to crude oil... Read More
Imports of Qatar rose in value as it bounced off abruptly during the month of August compared to... Read More
On Wednesday, the World Economic Forum announced that Switzerland hailed the most competitive... Read More
After the general election in New Zealand, the business confidence in the country has declined to... Read More
State-own companies in China had an increase in profit gains by 21.7 for last month compared to the... Read More
The oil market is under pressure because of a surge in U.S. dollar but kept their profits from the... Read More
The manufacturing activity of Japan increased in September at its fastest pace within four months,... Read More
The International Monetary Fund (IMF) stated yesterday that France should not waste time in... Read More
The government is looking for ways to boost the economy and giving attention to certain sectors.... Read More
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