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[size=35][size=35]Oil is stable at $94 a barrel in global markets[/size]
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2022-10-07 | 02:43
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Alsumaria News - Economy
Brent crude futures fell 11 cents to $94.31 a barrel.
West [url=https://www.alsumaria.tv/Entity/2861960649/%D8%AA%D9%83%D8%B3%D8%A7%D8%B3 %D8%A7%D9%84%D9%85%D8%AA%D9%88%D8%B3%D8%B7%D8%A9/ar/]Texas Intermediate[/url] crude futures fell five cents to $88.40 a barrel, after hitting $98.37 a barrel, the highest level since Sept. 14.
The dollar's rise added to pressure on oil prices, amid statements from Federal Reserve officials (the US central bank) that the bank will continue to tighten monetary policy significantly and quickly.
Markets are awaiting a report on non-farm payrolls data in the United States later on Friday, with economists expecting 250,000 jobs added last month, compared to 315,000 in August.
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Economie
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2022-10-07 | 02:43
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362 views
Alsumaria News - Economy
Oil prices stabilized today, Friday, before the announcement of important US economic data, after rising by more than 1% in the previous session, after the OPEC + group’s decision to reduce oil production by two million barrels per day.
Brent crude futures fell 11 cents to $94.31 a barrel.
West [url=https://www.alsumaria.tv/Entity/2861960649/%D8%AA%D9%83%D8%B3%D8%A7%D8%B3 %D8%A7%D9%84%D9%85%D8%AA%D9%88%D8%B3%D8%B7%D8%A9/ar/]Texas Intermediate[/url] crude futures fell five cents to $88.40 a barrel, after hitting $98.37 a barrel, the highest level since Sept. 14.
The dollar's rise added to pressure on oil prices, amid statements from Federal Reserve officials (the US central bank) that the bank will continue to tighten monetary policy significantly and quickly.
Markets are awaiting a report on non-farm payrolls data in the United States later on Friday, with economists expecting 250,000 jobs added last month, compared to 315,000 in August.
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