Oil Slips as Gulf Diplomacy Gathers Pace, but Brent Stays Near Six-Month Highs
Oil prices edged lower on Tuesday as a new round of regional diplomacy raised hopes that the war involving the United States, Israel and Iran...
Tag : global economy
Central Banks Signal Higher-for-Longer Rates as Oil Near $110 Fuels Inflation Fears
Anyone hoping for cheaper borrowing this year is being given a sobering message. With Brent crude trading around $110 a barrel and long-dated US government...
China’s Economy Grows 4.5% in Third Quarter, Beating Forecasts but Leaving Weak Demand Unresolved
China’s economy gained speed in the third quarter, growing 4.5% from a year earlier and beating forecasts. The figures from the National Bureau of Statistics,...
Oil Holds Near $100 a Barrel as Stalled US-Iran Talks Deliver Biggest Monthly Gain Since July
Oil prices are back at around $100 a barrel after their sharpest monthly rise since July, as stalled diplomacy between Washington and Tehran and tightening...
Brent Crude Tops $107 After Trump Turns Down Iran’s Offer to Reopen Hormuz
LONDON — Oil prices rose sharply on Monday after President Donald Trump rejected Iran’s latest offer to reopen the Strait of Hormuz. The setback threatens...