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September 5, 2024

Oil Prices Rise 1% As OPEC+ Delays Output Increase

Oil prices rose nearly 1% on Thursday, amid a larger-than-expected drawdown in US inventories and OPEC+ delaying an output increase.

Brent crude futures rose 89 cents, or 1.2%, to $73.59 a barrel, while US West Texas Intermediate (WTI) crude futures …

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Finance Minister Meets Central Bank of Egypt Governor

HE Minister of Finance Ali bin Ahmed Al Kuwari met with HE Governor of the Central Bank of the Arab Republic of Egypt (CBE) Hassan Abdullah on the sidelines of his participation in the ministerial meeting of the Arab Economic and Social Council in its…

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Job Openings in the US Reach 3-Year Low

The number of job openings was little changed at 7.7 million on the last business day of July, the U.S.

Bureau of Labor Statistics reported today.

The figure was the lowest since January 2021, a hint that the labor market in the world’s largest econ…

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