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06May 2025

US-China Talks, Dollar Fall, Saudi Oil Push

US-China Talks, Dollar Fall, Saudi Oil Push Why in the News ? China has expressed willingness to negotiate with the US on high tariffs, the US dollar is declining, prompting Asian central banks to adjust reserves, and Saudi Arabia has announced a significant oil supply boost, reshaping global economic and energy dynamics. US-China Tariff Thaw …

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03Jun 2024

“OPEC+ EXTENDS DEEP OIL PRODUCTION CUTS INTO 2025 AMID MARKET CONCERNS”

Why in the news? OPEC+ extended deep oil output cuts, totaling 5.86 million barrels per day, into 2025 to stabilize the market amidst tepid demand growth and high interest rates. The decision aims to address concerns over low oil prices, driven by slow demand in China and rising oil stocks in developed economies. About OPEC+: …

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