Business
Saudis Stay Cautious on Oil Production, Despite Warnings
Saudi Arabia’s energy minister Prince Abdulaziz bin Salman says the kingdom will remain cautious about raising oil production, even as several prominent analysts warn rising demand will soon cause prices to rise beyond $100 a barrel. Bloomberg’s Paul Wallace reports on what the remarks mean for oil prices.
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There are plenty of ways to derail your retirement saving. Bloomberg personal finance reporter Suzanne Woolley has pinpointed a few that could really mess up your plans.
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https://www.bloomberg.com/features/retirement-planning-by-age/?srnd=homepage-americas
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US and Chinese officials discussed artificial intelligence, investment and trade during a second day of talks in New York on Monday. The focus is on whether the two nations can agree on extending a trade truce set to expire in November, and how long any new agreement could last. Bloomberg’s Stephen Engle reports.
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US President Donald Trump and Chinese President Xi Jinping prepare to meet in Washington with technological supremacy and unresolved economic friction at the top of the agenda. Ahead of an approaching trade truce deadline, discussions are likely to center on artificial intelligence competition, semiconductor export policy, and potential Chinese EV manufacturing in the US. Against the backdrop of ongoing tariff debates and geopolitical tensions over Taiwan and Iran, Bloomberg’s Stephen Engle previews what is at stake for both economies.
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Oil dropped for a third day as supply concerns eased and traders looked to the next round of diplomacy that’ll shape the conflict. US President Donald Trump told Axios he was approaching a “big decision” on whether to re-escalate attacks on Tehran, with a meeting with Persian Gulf nations planned for next week in New York. Bloomberg’s Stuart Livingstone-Wallace breaks down the situation.
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@susanpritchard
January 31, 2024 at 5:28 pm
🙏 Absolutely nice update… Its right to say last year turns out to be less productive in all aspects of the financial market….. All hope was not lost, as a trader most of us was able to be on track mostly when it comes to BITCOIN DAY TRADING by actively earning daily because of the accurate signals and guidance provided by Kenny Redding's…. Within duration of 6 weeks i was able to accumulate a total of 7.6btc having traded with my initial 0.8btc…
@ahmedalsharman
January 31, 2024 at 5:28 pm
Lol 😅 Oil is crashing, why they need to increase supply !! They should cut instead.
@Gww376
January 31, 2024 at 5:28 pm
Pour on drilling ,they will bend…scared
@federalreservewolflegend3523
January 31, 2024 at 5:28 pm
Most intelligent people are aware Sauds are almost out of oil and are drinking the last of their oil wells atm.
@lesliehatun2044
January 31, 2024 at 5:28 pm
Everyone wants 100 bucks per barrel WHICH is not conducive for INFLATION. War profiteering is off the charts.
@MrRandyfive
January 31, 2024 at 5:28 pm
In Melbourne Australia… petrol just rose by 50 cents per litre over night…… And she’ll just made $40,000,000,000 in profits…… something going on.
@allon33
January 31, 2024 at 5:28 pm
ha ha
@leebruce9668
January 31, 2024 at 5:28 pm
What industry can you control production expect the oil industry. What a joke. If you did it in any other industry you would be fined throwned in jail.
@jayjackson88
January 31, 2024 at 5:28 pm
$7 Trillion
@donelpatterson9036
January 31, 2024 at 5:28 pm
$$$.. * FFIE.. Sun News Release.. Faraday Future. FF 91 SUV EV… Production Funding Secured.. The Ultimate Intelligence Tech Luxury SUV EV Arrives April 2023… A New Species of EV… $$$