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Home News Forex & Commodities

China In-Focus — Asian giant’s April forex reserves fall; US, Chinese regulators in talks for audit deal; Tesla targets pre-lockdown output in Shanghai

admin by admin
May 8, 2022
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Oil Updates — Crude climbs; US drillers add oil and gas rigs; EU proposes changes to planned Russian embargo

RIYADH: Oil prices rose nearly 1.5 percent on Friday, posting a second straight weekly increase as impending EU sanctions on Russian oil raised the prospect of tighter supply and had traders shrugging off worries about global economic growth.

Brent futures rose $1.49, or 1.3 percent, to settle at $112.39 per barrel. US West Texas…



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