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Day: August 6, 2024

Oil Prices Rise Over 1$

Oil prices rose more than $1 on Tuesday, reversing the previous days loss, amid concerns over a possible US recession reducing demand in the worlds largest oil consumer.

Brent crude prices rose $1.25, or 1.6%, to $77.55 per barrel, while US West Texa…

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Oil Prices Rise Over 1$

Oil prices rose more than $1 on Tuesday, reversing the previous days loss, amid concerns over a possible US recession reducing demand in the worlds largest oil consumer.

Brent crude prices rose $1.25, or 1.6%, to $77.55 per barrel, while US West Texa…

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Eight killed in intense Israeli raids on West Bank

An intense Israeli raid of the occupied West Bank’s Jenin is ongoing, with at least four Palestinians killed so far according to the Health Ministry, including by an army drone strike. An earlier Israeli raid on the city of Tubas killed four people.

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US Dollar Falls to Seven-Month Low

The US dollar dropped to its lowest level in seven months on Monday following economic data that heightened recession concerns and increased expectations of the Federal Reserve cutting interest rates.

The Dollar Index, which measures the greenback ag…

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