Day: October 15, 2024

Oil Falls 3% in Early Asian Trade

Oil prices slid 3% in early Asian trade on Tuesday after OPEC lowered its outlook for global oil demand growth in 2024 and 2025.

Brent crude futures were down $2.27 at $75.19 per barrel, while US West Texas Intermediate futures fell $2.22 to $71.60 p…

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Gold Prices Flat as Investors Await Fresh Impetus

Gold was flat on Tuesday as investors await fresh insights on the Federal Reserve’s stance on US interest rate reductions for further direction on bullion prices.

Spot gold held its ground at $2,646.64 per ounce. Prices hit a record high of $2,685.42…

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IMF Expects Global Public Debt to Exceed $100 Trillion

The global total public debt is set to exceed USD 100 trillion this year for the first time, and may grow more quickly than forecast as political sentiment favors higher spending and slow growth amplifies borrowing needs and costs, the International M…

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