Naeem Aslam News
09.08 / 15:53
UPS
show
country
Brent crude hits highest price since April as tighter supply offsets China demand concern
Top exporter Saudi Arabia last week extended its voluntary production cut of 1 million barrels per day for another month to include September, and Russia said it would cut oil exports by 300,000 bpd in September. «The latest recovery is mainly driven by the pledge of major producers, like Saudi Arabia and Russia, to keep supply subdued for another month,» said Charalampos Pissouros, senior investment analyst at broker XM. Brent crude was up $1.00, or 1.2%, at $87.17 by 1110 GMT, having touched $87.24, the highest price since April 13.
07.09 / 13:51
BTC
Arthur Hayes
Bitcoin
analysts
recovery
Analysts Predict Massive Capitulation for Bitcoin - But How Long Before Recovery?
A massive capitulation could be ahead for bitcoin (BTC) if some analysts are to be believed. But according to others, it’s just a matter of time before money printers are turned back on around the world and BTC rises in response.
13.06 / 12:11
cryptocurrency
World News
London
Bitcoin
Bitcoin slumps under $25,000, lowest in 18 months
Bitcoin tumbled Monday to an 18-month low under $25,000 as investors shunned risky assets in the face of a global markets selloff.
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