Latest News for: Oil trading

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The UAE and Costa Rica sign a Comprehensive Economic Partnership Agreement

Akhbrna 19 Apr 2024
... in their efforts to strengthen bilateral trade and investment bonds ... Notably, the non-oil trade between the two nations surpassed $65 million in 2023, marking a notable increase from previous years.
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Government bonds face FPI selloff as US yields harden

The Times of India 19 Apr 2024
The surge in US yields and oil prices adds ...
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Oil Falls as Markets Remain on Edge Amid Middle East Tensions

Wall Street Journal 19 Apr 2024
Oil fell in early Asian trade, hovering at a three-week low .
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Research suggests ways to ensure more sustainability in global agricultural trade

Phys Dot Org 18 Apr 2024
The EU wants to ensure greater sustainability in agricultural trade with the Global South—with the aim of minimizing the environmental and climate-damaging effects of importing crops such as soya, palm oil, coffee, and cocoa.
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Oil prices down on Thursday amid weak demand, rising hopes of end to Middle East conflict

Anadolu Agency 18 Apr 2024
International benchmark Brent crude traded at $86.77 per barrel at 11.17 a.m ... The US dollar's decline against other currencies also helped to support oil prices by promoting trade with cheaper oil for other currency holders.
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UAE and Costa Rica sign Cepa deal to boost investment and trade ties

The National 18 Apr 2024
Non-oil trade between the UAE and Costa Rica exceeded $65 million in 2023, a 7 per cent increase from 2022 and up 31 per cent compared to 2021, Wam reported ... The UAE's non-oil foreign trade hit a ...
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How a flare-up in Mideast conflict could affect oil prices

Khaleejtimes 18 Apr 2024
Oil market ... According to the World Economic Forum, the current 13 members of Opec produce about 40 per cent of the world’s oil, accounting for about 60 per cent of the petroleum traded globally.
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3 UK oil stocks to invest in as Middle East tensions rise

Invezz 18 Apr 2024
With far-reaching implications, some of the markets most impacted are global oil prices ... Shell said in a press release that it managed this, in spite of globally flagging oil prices during Q4, due to “strong LNG trading and optimisation results”.1.
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UAE a reliable partner and trade gateway to Middle East, says Costa Rican trade minister

The Gulf Time 18 Apr 2024
Non-oil trade between the UAE and Costa Rica has shown consistent annual growth, with a remarkable 23% increase in 2022, reaching $60.4 million, more than double the value recorded in 2018.
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UAE a reliable partner and trade gateway to Middle East, Gulf countries: Costa Rican Trade Minister

Beijing News 18 Apr 2024
Non-oil trade between the UAE and Costa Rica has shown consistent annual growth, with a remarkable 23 per cent increase in 2022, reaching $60.4 million, more than double the value recorded in 2018.
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Traders Became More Bullish on Oil As Middle East Risk Surged

Oil Price 18 Apr 2024
Hedge funds and other portfolio managers began to include a higher risk premium in their oil price trades ...
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Madness of imposing sanctions cannot tame the nations in the Global South

Blitz 18 Apr 2024
Notably, European nations have turned to India as a source of refined oil, circumventing sanctions and inadvertently bolstering India’s position as a key intermediary in the oil trade between Russia and the West.
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Sensex, Nifty open higher; Ramco Systems, Just Dial among stocks that hit 52-week high

Business Line 18 Apr 2024
BSE Sensex traded at 73,204.65, up by 260.97 pts or 0.36 ... Sectoral indices traded in a mix. Nifty PSU Bank, oil & gas, and media were up over 1 per cent as of 9.39 am.
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Rupee rises 12 paise to 83.49 against US dollar in early trade

The Siasat Daily 18 Apr 2024
The rupee is likely to trade in the range of 83.45 to 83.65 as FPIs and oil companies buy dollars while RBI sells the American currency as it did on Tuesday when it might have intervened by USD 2 billion, Bhansali added.
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The aftermath: Iran faces new sanctions following attack on Israel

LBC International 18 Apr 2024
Due to the sanctions, Iranian oil revenues plummeted from $100 billion annually in 2018 to just $8 billion, only to rebound last year to $35 billion with the easing of restrictions on oil trade.
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