Dollar rallies after Fed dampens rate-cut outlook, Firms brace as British PM threatens no-deal Brexit, IMF & World Bank meeting in Ghana
The US Federal Reserve has cut interest rates twice in the last decade, both coming in the last seven weeks. Yet for Donald Trump and some dissenting voices, it's nowhere near enough.
It's been a turbulent few days on international markets for oil investors. Yet while Saudi Arabian supply may be restored quickly, the attacks have raised questions that may impact the price of oil in the longer term.
The kingdom's oil production has dropped by 5.7 million barrels a day after Saturday's drone strikes on two processing facilities. As Riyadh and Washington point the finger at Tehran, the price of oil is set to rise.
Fires broke out at the kingdom's largest oil processing plant and another site following drone attacks. The attacks have crippled the country's oil supplies.
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