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... Baca Lagi
In Argentina, consumer prices climbed to 1.2 percent for the month of June according to the... Baca Lagi
The industrial production of Italy had rebounded in May which gives hints that the growth of the... Baca Lagi
The U.S. dollar against the Japanese yen reached a four-month high while both the bonds and the... Baca Lagi
The economic leaders of the European Union held a meeting on Monday in Brussels, citing that euro... Baca Lagi
Qatar holds reserves worth $340 billion that could prop up the country despite being secluded by... Baca Lagi
The business confidence index, associated with workers whose jobs are delicate towards the economic... Baca Lagi
The financial industry of the United Kingdom would likely support an increase of £43bn in its ... Baca Lagi
The Central Bank of Egypt raised its inflation rates by 200 basis points on Thursday for the second... Baca Lagi
The economy of China could possibly weaken once again in the second quarter of 2017, slowed down by... Baca Lagi
The banking regulator in Singapore has announced the extension of the execution of global rules for... Baca Lagi
The Reserve Bank of Australia made a decision to keep its cash rates unchanged on Tuesday and... Baca Lagi
The central bank of Denmark has taken into account on a positive note its participation to the... Baca Lagi
Two of largest countries in the world, Japan and the European Union is scheduled to make an... Baca Lagi
Factory activity in China improved in June as company reports came in slightly stronger as new... Baca Lagi
The Japanese Tankan report manifested a positive data as big manufacturers sentiment has exceeded... Baca Lagi
There is a tendency for the European Central Bank to raise its inflation rate this month as shown... Baca Lagi
The American economy showed off a slackening performance amid first quarter of 2017 but gained much... Baca Lagi
The Congressional Budget Office stated via its analysis report last Thursday that the US... Baca Lagi
The retail sales growth in Japan had slowed down in May versus the previous year, which means that... Baca Lagi
BoC Governor Stephen Poloz caught the attention of the Canadian market... Baca Lagi
China is taking into account a free-trade agreement with Mexico which was officially reported from... Baca Lagi
The International Monetary Fund watered down its economic outlook for the United States due to the... Baca Lagi
The economy of China has progressed in the second quarter as the corporate profits rose and... Baca Lagi
A U.S. central banker forewarned that advanced economies and financial institutions in the United... Baca Lagi
US President Donald Trump and India’s Prime Minister Narendra Modi had clinched the deal in i... Baca Lagi
ECB President Mario Draghi argued in a statement last Monday that the... Baca Lagi
Business growth in the eurozone did not meet expectations as it approaches the end of the first... Baca Lagi
Theresa May, British Prime Minister of Britain, said to the leaders of European Union that EU... Baca Lagi
The US Senate’s health-care bill has cut billions of dollars worth of taxes from large businesses a... Baca Lagi
The majority of US stock prices crashed on the back of an ever-worsening bout of slump on both... Baca Lagi
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