Oil Prices Surge in the US With Decline in Crude Inventories

On Wednesday, a decline in US inventories led to a sharp increase in oil prices with an already boosting demand.

Brent Crude saw an increase of 16 cents, or 0.2 percent, at 79.10 dollars per barrel. West Texas Intermediate crude rose by 5 cents, or 0.07 percent, to 76.03 dollars per bar...

Industrial production decreased, manufacturing output increased in the month of December

The Industrial production decreased by a 0.3 percent in the month of December as the in manufacturing increases by a 0.2 percent and the mining by 1.3 percent were both outweighed by an approximate 5.6 percent decline in the utilities, according to Federal Reserve. The decline in the utilities is...

Telecommunication Inventories

In the last five days of the exchange, the telecommunication inventories continued to reflect the more extensive value of advertising and witnessed an upswing in the context of the "Stage First" agreement between the U.S. and China on Jan 15.

The end-of-year rally was also flo...

European inventories skidded record highs and on Tuesday, the pound declined more than 1%

U.S. China has driven Asia and emerging markets to eighteen months' highs as trade optimism and encouraging Chinese economic results, but green immediately turned red with the launch of London, Frankfurt, and Paris. In the announcement that Prime Minister Boris Johnson would use his parliamen...