Oil prices saw a decline of 1% on Monday, driven by diminishing geopolitical tensions in the Middle East and expectations of an OPEC+ production boost in August. Brent crude futures declined to $67.11 per barrel, whereas U.S. West Texas Intermediate crude decreased to $64.58. Notwithstanding the decline observed last week, both benchmarks are set to Read More
Gold prices have declined, hitting a level not seen in over a month, as easing U.S.-China trade tensions have reduced safe-haven demand and prompted investors to pivot towards riskier assets. In the context of market dynamics, President Trump’s trade actions with Canada and his remarks regarding Federal Reserve interest rates have significantly shaped investor sentiment. Spot Read More
Oil is poised to experience a weekly decline as concerns over diminishing supply risks in the Middle East wane. This week, oil prices exhibited a range of trends. The initial decline was attributed to news regarding a ceasefire between Iran and Israel. Concerns regarding supply risks in the Middle East have diminished. Nonetheless, there was an Read More
Oil prices experienced a modest uptick. This occurrence can be attributed to robust demand within the United States. Investors are exercising caution in light of the ceasefire between Iran and Israel. U.S. crude inventories declined more than anticipated. Gasoline stocks experienced an unforeseen decline. OPEC+ may accelerate its output increase ahead of the previously established Read More
Gold reaches a near two-week low following Trump’s announcement of a ceasefire between Israel and Iran. Gold prices fell to a near two-week low in response to Donald Trump’s announcement of a ceasefire agreement between Iran and Israel, which diminished the demand for safe-haven assets. The agreement, brokered by Trump, emerges as the U.S. Federal Reserve Read More
Oil prices experienced a significant decline, reaching a one-week low in the wake of President Trump’s announcement regarding a ceasefire agreement between Iran and Israel. Brent crude futures experienced a decline of 3.76%, settling at $68.79 per barrel, whereas U.S. West Texas Intermediate crude saw a decrease of 3.94%, reaching $65.46. The announcement of a Read More
Digital trading continues to grow across Asia, driven by mobile technology and expanding interest in financial independence. Retail traders now access platforms for forex, crypto, and stocks directly through their smartphones. Cambodia is no exception. Local traders, especially the younger generation, are using trading apps more often to try short-term profits or long-term investments. App-based Read More
Oil reaches a five-month peak following the United States’ strikes on significant Iranian nuclear facilities. Oil prices experienced a significant increase, reaching a multi-month peak following the U.S. collaboration with Israel in military actions against Iran’s nuclear installations, thereby heightening tensions in the Middle East. Concerns are escalating regarding possible supply disruptions, especially the closure of Read More
Oil prices have closed at a lower level following the easing of US sanctions, which has alleviated concerns regarding potential escalation in Iran. Oil prices experienced a decline on Friday. The United States has unveiled a fresh set of sanctions concerning Iran. This diplomatic maneuver has generated optimism regarding a potential accord. Previously, President Trump Read More
Oil prices were poised to rise for the third consecutive week, notwithstanding a decline on Friday. Investor sentiment was marked by anxiety in light of the continuing conflict between Israel and Iran. Brent crude futures witnessed a decline. Nonetheless, weekly gains remained apparent. Concerns regarding supply disruptions via the Strait of Hormuz sustained elevated prices. Oil Read More
