Russia
Oil markets faced pressure from weak PMI data from China, indicating ongoing struggles in business activity
Oil prices fall 0.6 percent to $77.82 as Trump pushes for lower crude prices, higher U.S. production
West Texas Intermediate crude futures dropped 0.6 percent to $74.21 per barrel
Market participants are focusing on upcoming U.S. inventory data for insights into supply dynamics
Oil demand in 2025 is projected at nearly 106 million barrels per day, up from 104.6 million
West Texas Intermediate crude futures saw a 0.9 percent decline, reaching $76.69 per barrel
West Texas Intermediate crude futures also rose by 0.2 percent to $77.56 per barrel
The Federal Reserve will likely hold interest rates steady on January 29
Despite the stable global growth forecast, disparities among countries are widening
This agreement seeks to establish a stable and investment-friendly tax framework and eliminate tax barriers
Crude oil WTI futures expiring in March rose 0.5 percent to $78.24 a barrel
Easing underlying inflation in the U.S. renewed hopes of a less restrictive Fed policy this year
