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MARKET WRAPS Stocks: European shares were modestly higher on Wednesday on signs that interest rates will fall in both Europe and the U.S. Nomura said the European Central Bank won't... -December 06, 2023 at 05:57 am EST - MarketScreener
Asian buyers may reduce their intake of Saudi crude in January after the world’s top oil exporter reduced the price of its oil by less than expected.
US benchmark West Texas Intermediate slipped as much as 4% to break below $70 a barrel and reach the lowest intraday price since June 29. Global benchmark Brent retreated as much as 3.5%, slipping below $75. WTI futures have now dropped by more than a quarter from this years peak in late September.
None Saudi Arabia is cutting prices on its flagship Arab Light crude headed to Asia, Bloomberg reported. • None That's as US crude production and exports…
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