19 December 2024

Howe Street Reporter Title

Tag: Saudi Arabia Oil

  • Oil prices rise as Russia and Saudi Arabia extend production cuts

    Oil prices rise as Russia and Saudi Arabia extend production cuts

    The recent rise in oil prices might be to blame for the failure of stock markets to extend their momentum. Oil prices are rising as Summer nears an end and investors are worried that higher prices will translate to an uptick in inflation data. This means hawkish central banks… and the possibility that interest rates…