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World Bank expects oil glut to cause commodity price slump
Global commodity prices should fall to a five-year low next year thanks to a huge oil glut, the World Bank said Tuesday, pointing to oversupply and to flat demand from China.”Next year, the global oil supply is expected to exceed demand by an average of 1.2 million barrels per day,” the Bank announced in its …
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Most global stock markets rise with eyes on megatech results
Most major global stock markets rose on Tuesday with investors looking ahead to the release of US economic data and the earnings reports of tech titans this week.Oil prices rebounded after a sharp fall the previous day on relief that Israel’s strikes on Iran spared the country’s energy infrastructure.Concerns in the oil market have now …
Most global stock markets rise with eyes on megatech results Read More »
Asian markets fluctuate with eyes on megatech results
Asian markets fluctuated in volatile trade Tuesday with investors looking ahead to the release of US economic data and the earnings reports of tech titans this week.Oil prices steadied following sharp falls Monday on relief that Israel’s strikes on Iran spared the country’s energy infrastructure and that the risk of escalation in the Middle East …
Asian markets fluctuate with eyes on megatech results Read More »
Asian markets rise with eyes on megatech results
Asian markets advanced in volatile trade Tuesday with investors looking ahead to the release of US economic data and the earnings reports of tech titans this week.Oil prices steadied following sharp falls Monday on relief that Israel’s strikes on Iran spared the country’s energy infrastructure and that the risk of escalation in the Middle East …
Asian markets rise with eyes on megatech results Read More »