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Posted 14/06/2024

Saudi Arabia Opts Out of 50-Year Petrodollar Deal with US, Paving the Way for Diversified Currency Usage

Saudi Arabia has made the strategic decision to not renew its long-standing 50-year petrodollar...

Posted 14/06/2024

Citi Analysts Predict Oil Price Decline to $60 by 2025, Switching to Copper-Play

Citi analysts are forecasting a drop in oil prices, with an expectation of $60...

Posted 14/06/2024

Asia Pacific Markets Fall ahead of BOJ’s Rate Decision

On Friday morning (14 June, 9:31 AM, GMT+7, Bangkok time), most indices in Asia...

Posted 13/06/2024

EU to Impose Up to 38% Tariffs on Chinese Electric Vehicle Imports Due to Unfair Subsidies

The European Union (EU) announced on Wednesday its decision to levy increased tariffs on...

Posted 13/06/2024

IEA Forecasts Oil Supply to Outstrip Global Demand by 2030

The International Energy Agency (IEA) issued a forecast on Wednesday indicating that a rise...

Posted 13/06/2024

Goldman Sachs Expects FOMC to Cut Rate in September Despite Hawkish Dot Plot

The Federal Reserve decided to maintain the current interest rates within the range of...

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