TORONTO — The U.S. benchmark price of oil has topped US$90 per barrel for the first time since late last year. The October futures contract for West Texas Intermediate (WTI) light sweet crude oil was up US$1.57 at US$90.09 in late-morning trading after going as high as US$90.26. The last time the U.S. benchmark oil price topped US$90 a barrel was in November of last year. Saudi Arabia and Russia agreed last week to extend their voluntary oil production cuts through the end of this year. The move
You'll be surprised to learn that Dubai has these ten things...HANOI -Vietnamese electric vehicle maker VinFast plans to expand in seven more markets in Asia, including Indonesia where it aims to start deliveries from next year and establish a plant in 2026. VinFast, formed and almost entirely controlled by Pham Nhat Vuong, Vietnam's richest man and founder of parent conglomerate Vingroup, aims to invest around $1.
The U.S. Securities and Exchange Commission on Tuesday sued Virtu Financial, a broker-dealer that handles 25% of all market orders placed by retail investors in the U.S., for misleading customers into believing it properly safeguarded their confidential information.
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Oil rally gathers pace as U.S. benchmark WTI hits US$90 a barrelBenchmark US crude oil hit US$90 a barrel for the first time since November, the latest milestone in a march higher that's been led by output cuts from Saudi Arabia and Russia as well as record global consumption.
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