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Economy Middle East Summit
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United States
Markets
Oil prices recover following Angola’s exit from OPEC
Brent crude futures increased by 0.64 percent to $79.92 per barrel
Logistics
IIF: GCC countries are straying away from U.S. dollar
Settlement of oil sales in currencies of Russia-friendly countries on the rise
Markets
Oil prices decline amidst rise in U.S. inventory, global trade concerns
Crude prices face headwinds as market focus shifts to slow demand and trade disruptions
Markets
Currency speculators lower expectations for the dollar: Will it lose power?
Adjustment came in response to a surge in demand for higher-yielding currencies
Economy
Federal Reserve maintains unchanged interest rate, foresees three cuts in 2024
Powell: Labor market is still constrained
Economy
U.S. inflation surges ahead of Federal Reserve’s rate decision
Fed unlikely to implement rate cuts early 2024
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