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Farooq

May

By Colin Packham and Henning Gloystein SYDNEY/SINGAPORE (Reuters) – Oil prices fell by more than 1% on Friday and were on track for their biggest monthly fall since November as trade conflicts spread and U.S. crude output returned to record levels. Front-month Brent crude futures, the international benchmark for oil prices, were at $65.97 at […]

By Aaron Sheldrick and Henning Gloystein TOKYO/SINGAPORE (Reuters) – Oil prices rose on Thursday after an industry report showed a bigger-than-expected decline in U.S. crude inventories, although concerns that the U.S.-China trade war will trigger an economic downturn kept a lid on gains. Brent crude futures, the international benchmark for oil prices, were at $69.85 […]

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ANKARA (Reuters) – Turkey’s lira firmed nearly 1% on Thursday on expectations that ties with Washington will improve after the two presidents discussed Ankara’s purchase of Russian S-400 missile defense systems during a call. The lira was down as much as 14% this year due in part to growing friction between the NATO allies and […]

Middle East Financial Investment