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Day: May 30, 2019

May 30
Oil prices rose after fall in U.S. crude inventories

Oil prices rose on Thursday after an industry report showed a decline in U.S. crude inventories that exceeded analyst expectations. U.S. West Texas Intermediate (WTI) crude futures added 26 cents, or 0.4%, at $59.07 a barrel by 0258 GMT. They closed down 0.6% on Wednesday after hitting their lowest since March 12 at $56.88. Brent crude futures, […]

May 30
Asian Stocks tracked Wall Street losses on Thursday

Asian stocks tracked Wall Street losses on Thursday as latest exchanges between Beijing and Washington signaled the heightened risk of a prolonged trade war, stoking investors’ concerns about the impact on global economic growth. Asian Stocks Japan’s Nikkei was down 0.85% and Australian stocks shed 0.7%. The Shanghai Composite Index fell 0.8% and Hong Kong’s Hang Seng lost 0.35%. Japan’s Nikkei was […]

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