Turkish president says the move is also aimed at increasing the amount of humanitarian aid entering Gaza
mena5 hours ago
Benchmark oil for September delivery was down 29 cents at $93.15 per barrel at midafternoon Bangkok time in electronic trading on the New York Mercantile Exchange. The contract rose 70 cents to end at $93.43 a barrel in New York on Tuesday.
Americans increased their retail spending in July by the most in five months, a gain of 0.8 percent over June, government data showed Tuesday. The increase came after three straight monthly declines.
Traders were remaining cautious, however, after the American Petroleum Institute said crude stockpiles in the U.S. rose some 2.8 million barrels last week. Expectations were for a drop of 1.7 million, according to Natalie Rampono, a commodities analyst at ANZ Banking Group in Melbourne.
“”It is a negative signal for demand,” she said.
Brent crude was down 15 cents at $112.00 a barrel on the ICE Futures exchange in London. It has gained more than $8 per barrel this month.
In other futures trading on the Nymex, gasoline was up 0.1 cent to $3 a gallon. Heating oil fell 0.8 cents to $3.027 a gallon. Natural gas fell 1.2 cents to $2.82 per 1,000 cubic feet.
Turkish president says the move is also aimed at increasing the amount of humanitarian aid entering Gaza
mena5 hours ago
In another case at the same airport, officials apprehended five foreign nationals who tried to smuggle gold worth Rs.24.4 million
asia5 hours ago
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