Friday November 15, 2024 at 08:45 Automobile: The EU is imposing strict quotas on thermal cars from 2025, threatening manufacturers with heavy fines. Several countries, including… Thursday November 14, 2024 at 10:30 p.m. Closing price: Oil prices hesitated on Thursday, ending up thanks to a technical rebound but still weighed down… Thursday November 14, 2024 … Read more
Singapore. Oil prices fell more than $3 a barrel in early Monday after Israel’s retaliatory attack on Iran over the weekend avoided Tehran’s nuclear and crude oil facilities and did not disrupt energy supplies, easing geopolitical tensions in the Middle East. Both Brent and West Texas Intermediate (WTI) reached their lowest levels since October 1 … Read more
London: Oil prices stabilize on Wednesday, after a turbulent start to the week, showing a small increase due to a slight drop in commercial reserves of American crude. Around 10:20 a.m. GMT (11:20 a.m. CET), the price of a barrel of Brent BRENT Brent, or North Sea crude, is a variation of crude oil serving … Read more
London: Oil prices fell on Monday, investors not seeing the economic measures announced on Saturday by Beijing having a real influence on the demand for Chinese crude, in the grip of an economic slowdown. Around 9:30 a.m. GMT (11:30 a.m. CET), the price of barrel of Brent BRENT Brent, or North Sea crude, is a … Read more
London/Dubai. A meeting of OPEC+ chief ministers left oil production policy unchanged, including a plan to start increasing output from December, while underscoring the need for some members to make further cuts to compensate for the glut. of production. Several ministers from the Organization of the Petroleum Exporting Countries and allies led by Russia, a … Read more
Mexico City, Despite the fear of oil supply restrictions and uncertainty due to hostilities between Iran and Israel, the Mexican peso managed to close the first session of the new administration in Mexico with gains against the US currency, which strengthened worldwide by the risks associated with geopolitics. After the holiday on Tuesday, due to … Read more
Amid moderate gains in the U.S. and Mexican stock markets, the Mexican peso recovered ground, closing Wednesday below the psychological level of 19 units per spot dollar, after the U.S. inflation data strengthened the outlook that the Federal Reserve (Fed) could lower interest rates in September. The Mexican currency reported a daily appreciation of 0.90 … Read more
National production of liquid hydrocarbons, which includes production by Petróleos Mexicanos (Pemex) and private companies, was 1 million 835 thousand barrels per day in April-June 2024, a figure that translated into a drop of 6.56 percent compared to the same period last year, according to information released by the National Hydrocarbons Commission (CNH). The decline … Read more
Mexico Metropolis. The chance aversion sentiment amongst traders stays sturdy this Thursday, as a result of political uncertainty that prevails on this planet, which is why the greenback is strengthening worldwide. On the opening of the American markets, the Mexican peso stays weak towards the greenback, depreciating 0.72 p.c to commerce at round 17.8235 items … Read more
London. The rise in world oil inventories through the month of April, on account of weak gasoline demand, may reinforce the explanations for producers from the Group of the Petroleum Exporting International locations and their allies (OPEC+) to keep up provide cuts At their assembly on June 2, delegates and analysts from the group met. … Read more