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Wall Street stocks fell during closure on Wednesday

Media IN New York, June 26, 2019, SPA U.S. stocks fell Tuesday; the Dow Jones industrial average fell 179.32, or 0.7 percent, to 26,548.22. The broader Standard & Poor’s 500 index fell 27.97, or 0.95 percent, to 2,917.38. The technology-heavy Nasdaq composite index fell 120.98, or 1.5 percent, to 7,884.72.

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OPEC daily basket price announced for Tuesday

Media IN VIENNA, 26th June, 2019 (WAM) The price of OPEC basket of fourteen crudes stood at US$64.79 a barrel on Tuesday, 25th June, compared with $65.05 the previous day, according to OPEC Secretariat calculations. The fourteen crudes, from separate OPEC member countries, include a mix of blends and light …

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European leaders call for finalizing agreement with Mercosur

BRUSSELS,  25-06-2019 Seven heads of state and government of the European Union (EU) signed a letter on Spanish Prime Minister Pedro Sanchez’s initiative to call for the finalization of negotiations on the trade agreement between Brussels and the Group of South American Countries (Mercosur). The heads of government of the …

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Asian major stocks plunge on Tuesday

Media IN BEIJING, June 25, 2019, SPA The Shanghai Composite Index lost 0.8% to 2,985.32 and Tokyo’s Nikkei 225 shed 0.5% to 21,176.13. Hong Kong’s Hang Seng retreated 1.3% to 28,155.24. Seoul’s Kospi lost 0.2% to 2,121.64 while Sydney’s S&P-ASX 200 shed 7.4 points to 6,658.00. India’s Sensex rose 0.3% …

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Joint Statement on the Sixth UAE-US Economic Policy Dialogue

Media IN WASHINGTON, D.C., 25th June, 2019 WAM The Governments of the United Arab Emirates and the United States of America have reaffirmed their ongoing commitment to further deepening ties between the two countries, and the importance of the US-UAE economic relationship in promoting regional prosperity and stability. The countries …

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OPEC optimistic, Global Oil demand will rise in H2-2019

Media IN VIENNA, 25th June, 2019 (WAM) – OPEC has anticipated global oil demand growth to improve seasonally, from the sluggish performance seen in H1-2019, with growth in H2-2019 forecast at 1.2 million barrels/day y-o-y. According to OPEC Monthly report, the OECD region is forecast to increase by 200,000 b/d …

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