Real-time Financial News

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2025-08-07 Thursday

  • 00:55:00

    Saudi state news agency: Saudi Arabia will extend voluntary production cuts of 1 million barrels per day until the end of the first quarter of 2024.

  • 00:37:53

    The press release issued by OPEC+ did not mention new OPEC+ oil production reduction measures; Brazil will join OPEC+ in January 2024.

  • 00:35:15

    US President Biden: Calls on businesses to reduce household costs.

  • 00:35:06

    US President Biden: There is still more work to be done and prices are still too high.

  • 00:33:17

    U.S. and Burkina Faso oil continued to fall, falling more than 3% on the day and now trading at $75.34/barrel and $80.23/barrel respectively.

  • 00:32:00

    The U.S. Treasury bond auction for the eight weeks to November 30 - the bid-to-bid ratio was 2.75, compared with the previous value of 2.73.

  • 00:31:41

    The U.S. Treasury bond auction for the four weeks to November 30 - the bid multiple was 2.75, compared with the previous value of 2.58.

  • 00:31:26

    Source: OPEC+ ministers will meet in June next year to discuss production levels in 2024.

  • 00:30:05

    Market news: The premium of Brent crude oil futures relative to WTI crude oil futures reached the highest level since January 2023.

  • 00:25:20

    U.S. Secretary of State Antony Blinken discusses Palestinian security in the West Bank with Palestinian President Mahmoud Abbas.

  • 00:24:04

    Source: Each country will announce its own voluntary production quota cuts.

  • 00:22:51

    OPEC+ representatives: The OPEC+ meeting is over.

  • 00:22:13

    Megan Greene, Monetary Policy Member of the Bank of England: Concerned about the persistence of inflation.

  • 00:21:44

    Megan Greene, Monetary Policy Member of the Bank of England: Economic activity may be stronger than expected.

  • 00:21:15

    Megan Greene, Bank of England Monetary Policy Member: "Doing too little" on interest rates is the greater risk.

  • 00:20:53

    WTI crude oil futures fell 3.00% during the day and are now trading at $75.52 per barrel.

  • 00:20:43

    WTI crude oil fell by more than $2 during the day and is now trading at $75.70 per barrel, a decrease of 2.61%.

  • 00:15:14

    U.S. and Burundi oil prices fell by US$0.9 in the short term, with both prices falling by about 2% during the day, and are currently trading at US$76.33/barrel and US$81.09/barrel respectively.

  • 00:12:52

    OPEC+ representative: Additional OPEC+ production cuts in the first quarter of 2024 are expected to be voluntary.

  • 00:09:21

    U.S. and Burundi oil prices both fell by more than 1.00% during the day, now trading at $76.86/barrel and $81.59/barrel respectively.

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