Oil prices fell by 2.5% as a bigger-than-expected rise in U.S. gasoline inventories worried markets about demand.
Read More Oil drops on demand worries after US gasoline inventories swellTag: Saudi Arabia
Tech giants lead surge in global mega-caps as inflation eases
Market capitalizations of global mega-cap companies surged, buoyed by a decline in U.S. yields and growing anticipation of potential rate cuts amid diminishing worries about inflation.
Read More Tech giants lead surge in global mega-caps as inflation easesWoods ‘frustrated’ that players were left out of PGA-LIV merger talks
Tiger Woods was left “frustrated” by the lack of player involvement in the PGA Tour’s talks with Saudi Arabia’s PIF before their announcement of a framework agreement.
Read More Woods ‘frustrated’ that players were left out of PGA-LIV merger talksOil tumbles 4% as OPEC+ meeting delayed
Oil prices tanked as OPEC+ producers unexpectedly delayed a meeting on output, raising questions about the future course of crude production cuts.
Read More Oil tumbles 4% as OPEC+ meeting delayedSaudi Arabia Picked To Host 2034 World Cup
Saudi Arabia will be the host of the world’s biggest sports tournament in 2034.
Read More Saudi Arabia Picked To Host 2034 World CupOil falls after Saudi pledge; investors keep wary eye on Israel
Oil prices fell over 2% on Wednesday as fears of disruption to supplies due to conflict in the Middle East receded.
Read More Oil falls after Saudi pledge; investors keep wary eye on Israel