High prices drive down oil demand
Petroleum consumption dips 7% to 1.24m tons in December
Source: tribune.com.pk
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Oil drops as Angola announces OPEC exit
Angola’s oil production is around 1.1 million bpd.
Source: tribune.com.pk
Brent lurks near $80 as Red Sea tensions rise
US Energy Information Administration showed surprise crude inventory build
Source: tribune.com.pk
Janet Yellen says soft landing looks good, unemployment may level off
Treasury Secretary Janet Yellen said she sees a good chance of the US economy achieving a soft landing, with the unemployment rate — which has ticked up in recent months — averting a sharp increase
Source: livemint.com
Sebi proposes changes in Special Situation Funds
Sebi Tuesday proposed to amend the regulatory framework for a category of Alternative Investment Funds, called the Special Situation Funds, to facilitate the acquisition of stressed loans and support the resolution of stressed assets in the Indian financial system
Source: livemint.com