Oil
The unexpected decrease in U.S. inventories, as indicated by industry data, provided some support to crude prices
Investors fueled the increase as they continued to assess geopolitical concerns in the Middle East
Deal aligns with Aramco’s strategy to expand its presence in key high-value markets like China
The IMF expects growth to strengthen by 4.2 percent in 2025
Brent crude futures declined to $86.62 per barrel, WTI crude futures dropping to $82.51 per barrel
Since its inception, IFAD has facilitated the trading of nearly 6 billion barrels of Murban crude oil
The initiative aligns with the corporation's vision to leverage innovation and technology for maximum profitability
Brent futures rose by $2.63, reaching $89.74 per barrel
This represented a rise of 55,000 bpd or 0.61 percent compared to the previous month
Venezuela's oil exports had grown 12 percent in 2023 to 700,000 bpd after the easing of some U.S. sanctions
Brent oil futures fell 0.1 percent to $89.89 per barrel
