Saudi Arabia Raises Oil Prices Following Opec Meeting
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Rising Oil Price Could Make Central Banks Cautious With Rate Cuts
A rising oil price could halt or even reverse the recent trend of falling inflation, potentially leaving central banks cautious about cutting interest rates, DZ Bank said.The Wall Street Journal - World -
How Saudi Arabia Hopes to Carve a New Reputation With $22 Billion Railway
With Saudi Arabia set to host the World Expo 2030 and as a frontrunner to host the 2034 FIFA World Cup, the country’s new metro megaproject is a chance to transform its economy as well as improve its reputation.The Wall Street Journal - World -
End of the Line? Saudi Arabia ‘forced to scale back’ plans for desert megacity
Crown prince’s pet project was sold as a 105-mile-long city of the future, but finances may have led to a rethink. It was billed as a glass-walled city of the future, an ambitious centrepiece of the economic plan backed by Crown Prince Mohammed ...The Guardian - World -
Pakistan and Saudi Arabia call for a cease-fire in Gaza, saying efforts so far are insufficient
Pakistan and Saudi Arabia have called for an immediate cease-fire and uninterrupted delivery of humanitarian aid in GazaABC News - World -
Pakistan's premier calls for closer cooperation with Saudi Arabia to enhance investment in Pakistan
Yahoo News - World - Pakistan -
This Lava Tube in Saudi Arabia Has Been a Human Refuge for 7,000 Years
Ancient humans left behind numerous archaeological traces in the cavern, and scientists say there may be thousands more like it on the Arabian Peninsula to study.The New York Times - Science -
OPEC Sticks to Oil Demand View, Cuts Non-OPEC Supply Growth Forecast
The Organization of the Petroleum Exporting Countries left its estimates for global oil-demand growth unchanged, but lowered its forecast for non-OPEC supply growth for this year and next.The Wall Street Journal - World -
Wall Street Is Betting OPEC+ Can Fend Off $100 Oil
Traders expect spare capacity will cap crude prices despite the conflict in the Middle East.The Wall Street Journal - World -
Saudi Arabia is rebranding itself as a moderate country, but what’s the truth? Just ask our female activists | Lina al-Hathloul
My sister Loujain has been placed under a travel ban and lives in constant fear of arrest. She is one of many. Lina al-Hathloul is head of monitoring and advocacy at ALQST for Human RightsSaudi Arabia is rebranding. Since 2016, when it first ...The Guardian - World -
Why Oil Prices Have Been Rising Recently
The increase this year, prompted by geopolitical worries and supply constraints, has sent gasoline prices higher and could hamper efforts to tame inflation.The New York Times - Business -
The WSJ Dollar Index Rises 0.92% to 99.65
The dollar posted its largest gain since March 2023, after hot U.S. inflation data.The Wall Street Journal - World -
Oil Prices Rise as Geopolitical Tensions Increase
Oil prices rose close to 1% as geopolitical risks remain high on Middle East tensions and the increased targeting of downstream infrastructure in the Russia-Ukraine war.The Wall Street Journal - World -
Oil prices dip after Iran attack on Israel
Prices had already risen in expectation of action, with Brent crude near a six-month high last week.BBC News - Top stories - Iran -
Oil Prices Lower After Iran’s Attack on Israel
Investors are taking a wait-and-see approach after the much-anticipated aerial assault had little effect on oil supplies.The New York Times - Business - Israel -
Follow live: USWNT meets rival Canada in SheBelieves Cup final
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OPEC Fast Facts
Read CNN's Fast Facts for a look at the Organization of the Petroleum Exporting Countries, headquartered in Vienna, Austria.CNN - Top stories -
Oil prices finish lower as traders weigh prospects for Gaza ceasefire
Oil futures tallied a back-to-back session decline Tuesday as traders weigh prospects for a Gaza ceasefire agreement.MarketWatch - Business -
Oil prices finish higher on talk of potential for Iran strike on Israel
Oil futures finished sharply higher on Wednesday, buoyed by speculation that Iran will soon wage an attack on Israel following Israel’s strike on Iran’s embassy in Syria earlier this month.MarketWatch - Business - Israel -
Oil prices settle lower as traders weigh risks of an Iranian attack on Israel
Oil futures consolidate after rising more than 1% the previous session on fears of a more direct confrontation between Israel and Iran.MarketWatch - Business - Israel -
Oil prices end with weekly loss as traders weigh risk of Iran attack on Israel
Crude futures finish higher on Friday, but posted a loss for the week. The risk of an Iranian attack on Israel led prices for U.S. and global benchmark oil to touch their highest intraday levels in about six months during the trading session.MarketWatch - Business - Iran -
U.S. crude oil gains as Israel reportedly prepares for attack by Iran this weekend
Israel is preparing for a direct attack by Iran on southern or northern Israel as soon as Friday or Saturday, The Wall Street Journal reported.CNBC - Business - Iran -
Growth in oil use slows, IEA says, as prices hit $90 a barrel
Paris-based group trims forecasts, in sharp divergence with producers’ cartel OpecFinancial Times - Business -
Oil Prices Are Steady in Early Futures Trading After Attack
President Biden spoke Sunday with four congressional leaders regarding Iran’s attack on Israel.The Wall Street Journal - World -
Oil Prices Fall as Traders Bet Israel Will React Cautiously
Oil prices fell Monday, a sign traders think Israel is likely to react cautiously to Iran’s weekend attack, reducing the risk of a broader conflagration in the Middle East.The Wall Street Journal - World - Israel -
Oil prices a ‘chief concern’ for markets after Iran attack on Israel
U.S. stocks look to rebound on Monday, after fears over the conflict in the Middle East sparked a flight to safety Friday in U.S. markets.MarketWatch - Business - Iran -
Oil Traders Wager on $250 Price by June as War Risk Escalates
Yahoo News - World -
Oil prices settle at three-week low with U.S. supplies up a fourth week in a row
Oil futures declined on Wednesday for a third straight session, with prices falling to their lowest in three weeks.MarketWatch - Business -
Oil prices hold firm as U.S. weighs added sanctions on Iran oil exports after attack on Israel
U.S. officials told NBC News that they expect an Israeli response to Iran's attack to be limited in scope.CNBC - Business - Iran -
U.S. Postal Service Wants to Raise Stamp Prices Again
The 5-cent increase would be the fourth price hike since January 2023.The Wall Street Journal - World -
'Ridiculous': USPS proposes raising the prices of 1st class stamps to 73 cents
If the U.S. Postal Service gets its way, the price of a first-class stamp will go up for the fourth time in a year.ABC News - Top stories -
Ahead Of GTA 6 Release, Rockstar Raises GTA+ Price By 33%
GTA+, the subscription service that offers a variety of benefits in GTA Online and provides access to a catalog of games, just got a price increase. The membership has risen in price from $6/month to $8/month across PlayStation and Xbox platforms. ...GameSpot - Tech -
Cheap booze prices to rise as MSPs vote to increase minimum cost
MSPs increase the cost of alcohol but opinions remain split over the policy's effectiveness.BBC News - Top stories -
Rising oil prices are pushing up 10-year inflation expectations and Treasury yields
Oil appears to be playing a major factor in this week’s rise of the benchmark 10-year Treasury yield to its highest levels since November, and is boosting market-based inflation expectations over the long run.MarketWatch - Business -
Oil prices rise 1% as traders brace for possible Iran strike against Israel
Israel warned OPEC member Iran Wednesday it would attack the Islamic Republic if Tehran strikes Israel.CNBC - Business - Iran -
IEA downgrades oil demand growth forecast as prices heat up on elevated Middle East tensions
It comes as oil prices rebound on elevated Middle East tensions, with market participants monitoring the prospect of supply disruptions from the region.CNBC - Business -
U.K. stocks eye record as higher commodity prices boost miners and oil groups
London’s FTSE 100 was eyeing record levels Friday, as rallying metals and oil prices boosted resources stocks, with a stumbling pound and better economic data providing additional support.MarketWatch - Business - United Kingdom -
Import inflation rises for third month in a row. Higher oil prices play big role.
The cost of imported goods rose in March for the third month in a row because of higher oil prices, adding a little bit to upward pressure on U.S. inflation.MarketWatch - Business -
How soon will machines outsmart humans? The biggest brains in AI disagree
Elon Musk’s prediction that artificial intelligence will surpass human experts by 2025 sets him apart from rivals at OpenAI, Google and MetaFinancial Times - Business -
The Bernanke review is only a starting point
Bank of England must now be bold in implementing its recommendationsFinancial Times - Business -
‘An energy war is being waged’: former oil boss warns of price rises after Ukraine infrastructure attacks
Andriy Kobolyev calls for more weapons after Russia destroys one of Ukraine’s largest power plants. A dramatic rise in European energy prices is inevitable if the Russian destruction of Ukrainian energy infrastructure continues unabated, the ...The Guardian - World - Ukraine