Oil headed for its biggest weekly percentage drops in a month Biden begins sensitive Saudi trip U.S. oil rig count inches up by two this week – Baker Hughes The most recent price collapse will have considerably undermined (Biden’s) case, according to oil broker PVM’s Stephen Brennock. The U.S. oil rig count, a leading predictor … Read more
RIYADH: The Tourism Authority of Thailand is working with the country’s regulators to make it easier and more convenient for visitors to spend cryptocurrency in the country, Bloomberg reported. Thailand is laying the groundwork for becoming a positive crypto community with the aim of attracting cryptocurrency holders and promoting tourism in it. The country is also hoping … Read more
RIYADH: The high price of ocean shipping could boost global inflation by 1.5 per cent in 2023, with smaller, trade-dependent countries potentially suffering the most, Bloomberg reported, citing the UN Conference on Trade and Development (UNCTAD). The Geneva-based agency said shipping rates have increased more than fourfold over the past decade. The current price to ship a … Read more
