TOKYO – Oil prices cooled on Wednesday as Saudi Arabia said full oil production would be restored by month’s end while caution ahead of an expected US interest rate cut kept wider financial markets in tight ranges.
Saudi Energy Minister Prince Abdulaziz bin on Tuesday Salman sought to reassure markets, saying the kingdom would restore its lost oil production by month-end having recovered supplies to customers to the levels they were prior to weekend attacks. A US official told Reuters on Tuesday the United States believes the attacks originated in southwestern Iran, an assessment that could further increase the rivalry between Tehran and Riyadh.
While a 25-basis point rate cut is seen as near-certain, investors look to the statement and economic projections from Fed policy makers, given signs of deep disagreements among them. Possibly further complicating their discussion, short-term US interest rates shot up this week, with overnight repo rates rising to 7%, due largely to seasonal factors such as huge payments for taxes and bond supply.
ہم نے اس خبر کا خلاصہ کیا ہے تاکہ آپ اسے جلدی سے پڑھ سکیں۔ اگر آپ خبر میں دلچسپی رکھتے ہیں تو آپ مکمل متن یہاں پڑھ سکتے ہیں۔ مزید پڑھ:
پاکستان تازہ ترین خبریں, پاکستان عنوانات
Similar News:آپ اس سے ملتی جلتی خبریں بھی پڑھ سکتے ہیں جو ہم نے دوسرے خبروں کے ذرائع سے جمع کی ہیں۔
US loaded for potential response to attack on Saudi oil facilities: Trump - 92 News HD PlusUS President Donald Trump on Monday said that the US was locked and loaded for a potential response to the attack on Saudi Arabia’s oil facilities.
ذریعہ: 92newschannel - 🏆 21. / 51 مزید پڑھ »
Weapons used in attacks on Saudi oil facilities 'came from Iran': Coalition - 92 News HD PlusDUBAI – The weapons used to strike Saudi oil facilities were Iranian-made, the Riyadh-led coalition said Monday, heightening fears of regional conflict after the US hinted at a military response to the assault. The weekend strikes on Abqaiq –- the world’s largest oil processing facility –- and the Khurais oil field in eastern Saudi Arabia … Read More Pakistan sells arms to countries, Iran too sells arms but arms sellers countries must not be blame, but misuser must be answerable. Although Yemen claimed responsibility Iran is blamed for the oil attack. That it was preceded by drone sightings near the Kuwait border, and not Yemen, has been conveniently discounted by the US. In other words, “give the dog a bad name and then hang him”
ذریعہ: 92newschannel - 🏆 21. / 51 مزید پڑھ »
Ignoring oil installations attack Saudi crown prince attends camel festival - 92 News HD PlusTAIF (92 News) – Saudi Arabia’s Crown Prince Mohammed bin Salman patronized the closing ceremony of the 2nd edition of the Crown Prince Camel Festival on Sunday, sending a strong message to the world that drones attacks on Saudi oil installations have no adverse impact on the Kingdom. The ceremony took place, amid disruptions in … Read More
ذریعہ: 92newschannel - 🏆 21. / 51 مزید پڑھ »
Battered Saudi oil output to recover in two or three weeks - 92 News HD PlusBattered Saudi oil output to recover in two or three weeks, after an unprecedented attack on its oil facilities, with sources saying
ذریعہ: 92newschannel - 🏆 21. / 51 مزید پڑھ »
PM Imran offers Saudi Crown Prince full backing for peace in kingdom - 92 News HD PlusISLAMABAD (92 News) – Prime Minister Imran Khan phoned Saudi Crown Prince Mohammed bin Salman early on Tuesday and strongly condemned drones’ attacks on key Kingdom’s oil facilities. Khan told Mohammed bin Salman, known as MBS, that Pakistan always stood by Saudi Arabia in the need of hour. The premier told the crown prince that … Read More Great decision Iran is should be washed out the world map
ذریعہ: 92newschannel - 🏆 21. / 51 مزید پڑھ »
Oil slips after Saudi Arabia says to restore output but risks remainU.S. West Texas Intermediate (WTI) crude CLc1 futures declined 35 cents, or 0.6%, to $58.99 a barrel
ذریعہ: DunyaNews - 🏆 1. / 83 مزید پڑھ »