Oil Prices Continue to Sink On Signs of OPEC+ Output boost and China Woes
Brent fell below USD 76 per barrel for November after a more than 2% loss on Friday, and West Texas Intermediate (grade given to crude...
Tag : US Economy
Oil Prices Gained on Positive US Economic Data, Libya Disruptions
Oil stabilised after surging on Thursday, August 29, following positive US economic data and escalating supply disruptions in Libya. Brent for November was trading at...
Oil Prices Dropped On Data Indicating a Slowdown in the US Economy
On Thursday, July 4, 2024, oil prices dropped after the release of weaker-than-expected U.S. employment and business activity data, suggesting a potential slowdown in the...
Wall Street Ends Week Higher On US Soft Landing Faiths
All three major US indexes closed with gains after a deal of Big Tech earnings, economic data and central bank notices increased investor confidence in...
Biden to Announce $1.5 Billion to Combat US Opioid Crisis
On Friday, US President Joe Biden will announce nearly USD 1.5 billion to fund medication access for opioid overdoses, sanctions against traffickers, and increased funding...
Crude Oil Weakens; Demand Concerns Increase as Building Permits Fall
On Tuesday, oil prices weakened, as evidenced by a weakening US housing market. However, movements are limited before the start of the latest US Federal...
Crude Oil Falls 3% on Demand Concerns, Strong Dollar
On Thursday, brent crude oil slipped 3% as expectations of weaker demand and a strong US dollar ahead of a potentially large interest rate gain...
Warren Buffett Sees a ‘Red Hot’ US Economy With Creeping Inflation
Warren Buffett delivered a clear verdict Saturday on the state of the US economy as it emerges from the pandemic: red hot. “It’s almost a...
Gold Prices Rise After 2 Day Fall of Rs 1,500
Over the previous two sessions, gold and silver prices witnessed a large consecutive drop. Today, both their prices stepped higher, with a recovery in global...
United States Economy Shows Signs Of Slight Slowdown
The Commerce Department of the United States revealed the pace of growth for the third quarter of the current year, Gross domestic product (GDP) growth...