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Posted 27/07/2023

Another Rate Hike in September Not Off the Table as Fed Raises Benchmark by 25bps

The U.S. Federal Reserve on Wednesday decided to raise its interest rate by another...

Posted 26/07/2023

Markets Expect Fed Quarter Point Hike despite Improving Inflation Picture

Markets still expected the Federal Reserve to raise interest rates by a quarter point...

Posted 26/07/2023

Oil Prices Retreat after U.S. Crude Stockpiles Rise; Fed Rate Decision in Focus

After hitting a three-month high the day before, oil prices dipped in early Asian...

Posted 26/07/2023

IMF Raises Global Growth Forecast to 3%, Seeing Recovery in Economy but Warns of Challenges Ahead

The International Monetary Fund (IMF) slightly raised its 2023 global growth estimates as US...

Posted 25/07/2023

Oil Prices Surge as China Stimulus Offset Fed’s Rate Hike Concerns

In Asian trade on Tuesday, oil prices rose little, maintaining three-month highs as suggestions...

Posted 24/07/2023

International Energy Group Warns of Supply Shortage as Demand from China and India Ramps Up

The international energy group estimated that oil prices will climb in the second half...

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