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Saudi diesel imports from Russia, exports to Singapore hit records
Leading crude exporter Saudi Arabia is maximising refining profits by importing unprecedented amounts of cheap Russian diesel and in turn shipping record volumes to...
Oil gains after US leaders strike debt deal
Oil prices rose on Monday after U.S. leaders reached a tentative debt ceiling deal, possibly averting a default in the world's largest economy and...
Investors react to tentative US debt ceiling deal
U.S. President Joe Biden and top congressional Republican Kevin McCarthy have reached a tentative deal to suspend the federal government's $31.4 trillion debt ceiling, ending a...
Stocks rise on US debt ceiling deal but China drags
Asian shares and Wall Street futures rose on Monday as a weekend deal by U.S. President Joe Biden and House Speaker Kevin McCarthy to...
Investors have poured $756 billion into cash funds this year, Bank of America says
Investors have poured $756 billion into cash funds this year, Bank of America said in a note on Friday, attracted by juicy yields and...
