Oil
Traders raised oil's risk premium, anticipating supply disruptions from Trump's actions and policies
Both contracts gained over 2 percent so far this week and more than 7 percent since hitting multi-month lows in early March
American Petroleum Institute data showed that U.S. crude inventories fell by 4.6 million barrels last week
OPEC+ ready to move forward with scheduled output increase in May
West Texas Intermediate (WTI) crude futures lost 0.3 percent to $67.67 per barrel
Investors are cautious ahead of the Fed meeting, expecting rates to remain unchanged
The final shareholder-approved cash dividend payment for 2024 amounts to $394 million
West Texas Intermediate (WTI) crude futures also rose by 0.4 percent to $67.61 per barrel
The upgrade is backed by better governance and stronger institutions, enhancing domestic capital markets' depth
West Texas Intermediate (WTI) crude futures jumped 1.8 percent to $68.09 per barrel
Expectations of lower Russian oil supply in the near term provided some support to oil prices
