06-21-2024, 11:41 PM
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LONDON:Oil slipped from seven-month highs on Thursday as signs of growing supplies helped to halt a rally driven by optimism that Covid-19 va grey dunks ccin campus adidas green es will revive fuel demand.Brent new balance 574 futures had risen to nearly $50 a barrel this week after three major pharmaceutical companies announced progress on vaccines that could start to be rolled out before the end of the year.But Brent was down $0.81, or 1.7%, at $47.80 a barrel by 1256 GMT on Thursday, having dropped as much as $1. The contract had gained about 1.6% in the previous session.West Texas Intermediate (WTI) crude fell $0.75, or 1.6%, to $44.96 after gaining 1.8% on Wednesday. ldquo Despite a number of strong fundamentals rallying the markets, especially vaccine development supporting oil, bearish concerns remain, rdquo said Avtar Sandu, senior commodities manager at Phillip Futures.Lockdowns as the Covid-19 pandemic worsens, rising number of rigs employed in the United States and increased production from Libya are risk factors for bull Bvcp Nehal Hashmi sentenced to one month jail time in contempt of court case
KARACHI:Pakistan rsquo s current account defic jordan35 it ndash the gap between foreign expenditures and income ndash narrowed 39% month-on-month to $623 million in April on the back of historic high workers rsquo remittances and a reduction in the import bill. ldquo Current accoun jordan mid t deficit shrank to $623 million in April 2022 only two-thirds of March 2022 deficit of $1,015 million, rdquo the central bank said on its official Twitter handle late on Thursday.Curr air force pastel ent Account Deficit shrunk to $623mn, in Apr 22 only two-thirds of Mar22 deficit of $1015mn. A rise in workers rsquo remittances (by $315mn) amp a fall in imports (by $246mn) explain this reduction. Cumulatively, CAD reached $13,779mn during Jul-Apr FY22.https://t.co/Od8ikVdOd5 pic.twitter.com/smhwJlyTZu mdash SBP (@StateBank_Pak) May 19, 2022 ldquo A rise in workers rsquo remittances (by $315 million) and fall in imports (by $246 million) explain this reduction, rdquo it added.Besides, the export earnings improved from $83
LONDON:Oil slipped from seven-month highs on Thursday as signs of growing supplies helped to halt a rally driven by optimism that Covid-19 va grey dunks ccin campus adidas green es will revive fuel demand.Brent new balance 574 futures had risen to nearly $50 a barrel this week after three major pharmaceutical companies announced progress on vaccines that could start to be rolled out before the end of the year.But Brent was down $0.81, or 1.7%, at $47.80 a barrel by 1256 GMT on Thursday, having dropped as much as $1. The contract had gained about 1.6% in the previous session.West Texas Intermediate (WTI) crude fell $0.75, or 1.6%, to $44.96 after gaining 1.8% on Wednesday. ldquo Despite a number of strong fundamentals rallying the markets, especially vaccine development supporting oil, bearish concerns remain, rdquo said Avtar Sandu, senior commodities manager at Phillip Futures.Lockdowns as the Covid-19 pandemic worsens, rising number of rigs employed in the United States and increased production from Libya are risk factors for bull Bvcp Nehal Hashmi sentenced to one month jail time in contempt of court case
KARACHI:Pakistan rsquo s current account defic jordan35 it ndash the gap between foreign expenditures and income ndash narrowed 39% month-on-month to $623 million in April on the back of historic high workers rsquo remittances and a reduction in the import bill. ldquo Current accoun jordan mid t deficit shrank to $623 million in April 2022 only two-thirds of March 2022 deficit of $1,015 million, rdquo the central bank said on its official Twitter handle late on Thursday.Curr air force pastel ent Account Deficit shrunk to $623mn, in Apr 22 only two-thirds of Mar22 deficit of $1015mn. A rise in workers rsquo remittances (by $315mn) amp a fall in imports (by $246mn) explain this reduction. Cumulatively, CAD reached $13,779mn during Jul-Apr FY22.https://t.co/Od8ikVdOd5 pic.twitter.com/smhwJlyTZu mdash SBP (@StateBank_Pak) May 19, 2022 ldquo A rise in workers rsquo remittances (by $315 million) and fall in imports (by $246 million) explain this reduction, rdquo it added.Besides, the export earnings improved from $83