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April 22, 2024

Oil Prices Fall in Early Asian Trade

Oil prices fell on Monday, dragged down by a renewed focus on market fundamentals.

Brent futures fell 54 cents, or 0.6%, to $86.75 a barrel.

The front-month US West Texas Intermediate (WTI) crude contract for May, which expires on Monday,

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China’s Loan Prime Rates Remain Unchanged

China: China kept its benchmark one-year loan prime rate (LPR), a market-based lending rate, unchanged from the previous month at 3 percent on Tuesday.

According to Qatar News Agency, the National Interbank Funding Center (NIFC) reported the LPR fo…

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