Tag Archives: Middle East Tensions

Oil Prices Decline Amid Rising US Crude Inventories and Easing Middle East Tensions

Oil prices saw a slight decline on Wednesday after an unexpected rise in US crude inventories and a reduction in concerns over potential disruptions in the Middle East. Market Movement Brent Crude Futures: Fell by 41 cents (0.5%), reaching $80.28 per barrel by 1436 GMT. US West Texas Intermediate (WTI) Crude Futures: Dropped by 55 cents (0.7%), settling at $77.77 …

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Pakistan Stock Exchange (PSX) Experiences Rally Amid Market Volatility

On Friday, the Pakistan Stock Exchange (PSX) saw a notable rally, with the KSE-100 index rising by approximately 575.92 points, or 0.73%, to reach 78,450.14 during early trading. This upward movement follows a period of significant volatility and a substantial dip earlier in the week. Last Monday, the KSE-100 index experienced a dramatic drop of 1,141 points during intra-day trading, …

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