News

19 Sep 2024

Oil prices turn higher after a decline in the Asian session

Oil prices rebounded after a decline in Thursday's Asian session following a mixed reading of U.S. oil inventories, while the significant interest rate cut by the Federal Reserve raised some concerns about an economic slowdown. Crude oil prices sharply recovered from their lowest levels in nearly three years last week. However, this recovery seems to be losing momentum now amid ongoing concerns about weakening demand, particularly in China, the world's largest oil importer

Latest News

#News 25 Jul 2025
European Central Bank: Eurozone companies under pressure from Chinese competition

A survey conducted by the European Central Bank revealed that eurozone companies are facing a growin...

Read More
#News 25 Jul 2025
Euro slips from two-week high after ECB meeting

The euro fell against a basket of global currencies at the European market opening on Friday, extend...

Read More
#News 25 Jul 2025
Cryptocurrencies decline, Bitcoin falls by more than 3%

Cryptocurrencies fell during Friday trading amid anticipation of the US trade negotiations with its...

Read More
#News 25 Jul 2025
UK retail sales rise as weather boosts consumer spending

UK retail sales rose by 0.9% month-on-month in June, following a sharp 2.8% decline in May, with sup...

Read More
arrow
واتس آب