As the global economy slows down, it brings the markets down along including crude oil. Click on the article now and read more!
Oil prices drop as U.S. crude production increases
Weekly news summary for December 28,2018 to January 3, 2019: Headline: Crude Oil Prices Likely to Trade Below $70 in 2019. Know more!
Crude oil dropped to the lowest for more than two weeks.
Australia stocks reached higher at the close of Wednesday trade.
Jimnah Mbaru, an investment banker, is suggesting to set-up a commodities exchange in Kenya.
Buoyed by the US-Iran sanction deals, oil prices reached above $70 for the first time since November 2014.
Crude oil were higher on Wednesday as investors were worried about a possible re-imposing of US sanctions on Iran.
Crude oil was trading below its 3-year high that was reached in the last session. The US EIA data report will be announced this Wednesday.
Oil prices fell but were able to stay near their three-year high record.