Tuesday, July 31, 2018

Brent crude set for biggest monthly drop since 2016

Brent crude set for biggest monthly drop since 2016 OPEC increased production in July by 70,000 barrels per day (bpd) to 32.64 million bpd, a high for the year.

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Global Market Today: Asian stocks hit record highs, oil heads for weekly loss

Asian stocks reached a record high, fueled by optimism that the reopening of the Strait of Hormuz will normalize oil flows and ease inflatio...