Friday, 3 May 2024 () Crude oil prices inched up earlier today but remained on course for yet another weekly loss after the U.S. Federal Reserve signaled once again it had no immediate plans to start cutting rates. The Energy Information Administration’s weekly oil inventory report also helped depress prices as it estimated a considerable build in inventories, implying weaker demand—just like the Fed’s policy on interest rates. With rates at the highest in over two decades, concern about U.S. oil demand is quite legitimate. Add to this there…
Oil prices surged by more than four percent on Friday following Israel's missile strikes on Iran, amplifying concerns of heightened tensions in the West Asia region. The global benchmark, Brent crude,..
IMF Warns of Broad Global Impact, Due to Conflict in the Middle East.
According to 'The Guardian,' the International Monetary
Fund recently highlighted the risks of escalating
conflict in the Middle..
Credit: Wibbitz Top Stories Duration: 01:31Published
Fears of Potential Iranian Attack , Drive US Stocks Down , Nearly 500 Points.
CNN reports that United States stocks dropped on
April 12 amid rising tensions in the Middle East pushing
traders to..
Credit: Wibbitz Top Stories Duration: 01:31Published
Friday, 3 May 2024 ()
![Israel Strikes Iran: Oil prices rise by over 4 per cent after reports of Israeli strikes | Oneindia [Video]](https://video.newsserve.net/300/v/20240419/1373160638-Israel-Strikes-Iran-Oil-prices-rise-by-over.jpg)
![IMF Warns of Broad Global Impact Due to Conflict in the Middle East [Video]](https://video.newsserve.net/300/v/20240416/1372837842-IMF-Warns-of-Broad-Global-Impact-Due-to.jpg)
![Fears of Potential Iranian Attack Drive US Stocks Down Nearly 500 Points [Video]](https://video.newsserve.net/300/v/20240412/1372522960-Fears-of-Potential-Iranian-Attack-Drive-US-Stocks.jpg)
