Oil jumps 1.5% after US forces repel Houthis in Red Sea
Hopes of strong holiday demand amid fears of supply disruptions push prices up
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Hopes of strong holiday demand amid fears of supply disruptions push prices up
Angola’s decision to quit Opec because of output quotas raises questions about cartel’s effectiveness
Brent futures and West Texas Intermediate crude both down 1.1%
China: Brent futures edged down 1 cent to $79.62 a barrel at 0615 GMT, while US West Texas Intermediate (WTI) crude fell 15 cents to $75.60 per barrel.
KUALA LUMPUR: The Securities Commission Malaysia (SC) has taken action against Huobi Global Ltd (Huobi) and its chief executive officer (CEO), Leon Li for operating an unregistered digital asset exchange (DAX) in Malaysia.