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WTI crude oil showed a minor pullback after the PBOC monetary policy. It hit a high of $79.93 at the time of writing and is currently trading at $78.79. The Peoples Bank of China (PBOC) kept its one ...
Crude oil prices may rise further over the near-term as traders await clarity on OPEC+ output policy decisions at the upcoming June 1 meeting.
Nigerian National Petroleum Company Limited (NNPCL) has reported increased crude oil production, which could be good news for the Nigerian currency.
Following the news of Iranian President Ebrahim Raisi's death, the gold hit an all-time high and crude oil prices extended gains amid political uncertainty in the major oil-producing Middle East ...
An unexpected deadly incident in Iran added to crude oil volatility, while concerns over Saudi Arabia’s leadership added another layer of uncertainty.