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Oil prices

Most Latam currencies rise; Colombian peso at 5-week high

Most Latam currencies rise; Colombian peso at 5-week high

  • The real was up 0.4% and the Bovespa stock index also extended gains to a sixth straight session and hit an all-time high of 128,620.25.
  • "That said, the latest surveys suggest that activity in the industrial sector hasn't picked up to the same extent as other parts of the economy."
Updated 02 Jun, 2021 08:13pm
Oil rises to highest since March on demand prospects
Markets

Oil rises to highest since March on demand prospects

  • OPEC+ decided in April to return 2.1 million barrels per day (bpd) of supply to the market from May to July, anticipating rising global demand despite the high number of coronavirus cases in India, the world's third-largest oil consumer.
Published 01 Jun, 2021 11:15pm
Oil rebalancing
BR Research

Oil rebalancing

After stabilizing, oil seems to be entering a stronger phase or maybe its learning to live with the pandemic; not...
Published 01 Jun, 2021 07:35am
Oil inches higher
Markets

Oil inches higher

LONDON: Oil prices inched higher on Friday, with Brent holding near $70 a barrel as strong US economic data and...
Published 29 May, 2021 03:59am
Oil prices gain 1pc
Markets

Oil prices gain 1pc

NEW YORK: Oil prices rose one percent on Thursday, bolstered by strong US economic data that offset investors’...
Published 28 May, 2021 04:08am
Oil to stay below $70/bbl if Iran sanctions lifted: Indian refiner HPCL
Markets

Oil to stay below $70/bbl if Iran sanctions lifted: Indian refiner HPCL

  • "There had been up and down movement (in oil prices) in the last four days between $70 and $65 depending on the discussions which are happening related to Iran and any positive movement on that should ease the crude prices on the lower side," HPCL chairman M. K Surana told an analyst call.
Published 21 May, 2021 04:47pm