President Biden's decision to withdraw from the election race has introduced uncertainty into global financial markets, impacting oil prices and raising questions about future US policies.
Gold and oil prices are under pressure due to a stronger US dollar and mixed economic data, with gold experiencing a decline after reaching a record high and oil potentially facing its second weekly loss.
Fears of a widening conflict in the Middle East are pushing oil prices higher as it could potentially involve major oil producing countries in the region.
BRN is under pressure after reaching above $85.00 level
BRN is consolidating below the $85.00 level amid the potential for interest rates to remain higher for longer in the US as well as in some of the Asian economies.
President Biden's decision to withdraw from the election race has introduced uncertainty into global financial markets, impacting oil prices and raisi...
Gold and oil prices are under pressure due to a stronger US dollar and mixed economic data, with gold experiencing a decline after reaching a record h...
Fears of a widening conflict in the Middle East are pushing oil prices higher as it could potentially involve major oil producing countries in the reg...
BRN is consolidating below the $85.00 level amid the potential for interest rates to remain higher for longer in the US as well as in some of the Asia...
BRN may be able to post its first weekly gain in the past four weeks following the lower PPI and an uptick in initial jobless claims reading. ...
Crude Oil
Brent
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