Global crude oil prices have recently witnessed a significant ascent, a trajectory largely propelled by an burgeoning sense of optimism regarding worldwide energy demand. This renewed confidence stems from improved economic forecasts across key regions and the tangible anticipation of robust industrial activity, collectively signaling a resilient recovery from recent […]
Tag: oil prices
Global shares mostly lower a day after US markets continued improbable rally
Global financial markets are experiencing a significant shift as major indices trend mostly lower, just a day after U.S. stocks concluded an unexpected recovery from a substantial springtime sell-off. This recent rally saw U.S. equities rebound by approximately 20%, demonstrating considerable resilience after a period of significant losses, a move […]