US rate cuts and Middle East Volatility struggle to excite oil markets

The price of crude oil experienced a slight uptick before the weekend, potentially influenced by the unexpected U. S. interest rate cut and escalating tensions in the Middle East.

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Vision 2030 of Saudi Arabia: will falling oil prices derail big plans?

Saudi Arabia, whose economy relies heavily on exporting hydrocarbons, is currently facing double-headed challenge: on one hand, it has to boost revenue from selling crude oil that accounts for 70% of the former, despite the sale of the latter being on decline; on the other hand, it still has to fun…

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