US crude oil closed nearly nine percent higher Monday as the government lowered its domestic crude production estimate and OPEC signaled concern about multi-year low prices.
US benchmark West Texas Intermediate for October delivery jumped $3.98 (8.8 percent) to $49.20 a barrel on the New York Mercantile Exchange. It had rebounded more than 11 percent over the five previous sessions, its biggest increase in four and a half years.
GMT 21:55 2018 Tuesday ,23 January
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S&P 500, Nasdaq end at records as technology shares gainGMT 21:51 2018 Tuesday ,23 January
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Trump to tell Erdogan of concern over Syria offensiveGMT 21:47 2018 Tuesday ,23 January
Trump says NAFTA talks are 'moving along pretty well'GMT 22:13 2018 Monday ,22 January
Senate votes to end US shutdown, bill heads to HouseGMT 22:12 2018 Monday ,22 January
Dow, S&P, Nasdaq finish at records as US goverment shutdown endsGMT 22:10 2018 Monday ,22 January
Turkish soldier killed in Syria operationMaintained and developed by Arabs Today Group SAL.
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Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2023 ©