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... Saiba Mais
The latest annual review by the International Monetary Fund's (IMF) to the New Zealand economy... Saiba Mais
The Canadian currency was able to gain strength against the American dollar yesterday as oil prices... Saiba Mais
The Reserve Bank of Australia (RBA) sustained the interest rates at a record low for 23 consecutive... Saiba Mais
Exports from South Korea had fallen in June following a strong rebound in May amid issues on trade... Saiba Mais
The U.S. economy slowed down compared in the first quarter as the consumer spending has performed... Saiba Mais
The European Union warns the Trump administration that the newly-imposed tariffs on automotive... Saiba Mais
The International Monetary Fund (IMF) suggests that India should implement reforms on the... Saiba Mais
Japan’s industrial output declined by 0.2 percent in May compared to the previous month, which is t... Saiba Mais
The manufacturing sector of China muted slightly in June following the unexpected rally in May due... Saiba Mais
Several forecasting experts suggest that the American economy could reach 5% growth during the... Saiba Mais
The business confidence survey of New Zealand signifies a slowdown in the economy that could lead... Saiba Mais
The House of Commons speaker made an announcement yesterday about the bill approval on Brexit which... Saiba Mais
Housing starts rose as the summer approaches despite high selling rates and low home inventory. A... Saiba Mais
The Reserve Bank of New Zealand is expected to maintain the interest rates this week and there are... Saiba Mais
According to a French minister, there were nine European countries expected to lay out their plan... Saiba Mais
The core inflation of Japan is still low in the month of May, signifying that the central bank is... Saiba Mais
Bank of England’s key interest rate remained steady at 0.5 percent according to the announcement m... Saiba Mais
An official from International Monetary Fund told Nikkei that Japan should boost its consumption... Saiba Mais
The U.S. money market fund assets plunged to the lowest figure over two years as companies arrange... Saiba Mais
The economy of France dropped from 2.3 percent to 1.7 percent this year, according to the forecast... Saiba Mais
The economic assessment of Japan was remained steady, showing gradual recovery and policymakers... Saiba Mais
The Swiss National Bank announced the decision to maintain an ultra-loose monetary policy on... Saiba Mais
Atlanta Fed President Raphael Bostic told on Monday that fears on potential trade conflict will... Saiba Mais
Japan’s exports increased by 8.1 percent May from the same period last year due to higher shipment o... Saiba Mais
The British economy showed hints of growth at its weakest rate from 2009 until 2018 because of... Saiba Mais
China’s economy is starting to cool off following after lending concerns on riskier lending that f... Saiba Mais
The Federal Reserve revised upward its economic forecast for the United States on Wednesday. The... Saiba Mais
The consumer price of the U.S. increased slightly in May despite the slower growth of gasoline... Saiba Mais
The measure of consumer sentiment in Australia showed a marginal increase in June on the back of... Saiba Mais
The economy ministers of France and Germany had a meeting this weekend in order to talk about the... Saiba Mais
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