“Armenian Central Bank Slashes Refinancing Rate to Boost Economy: Lowest in Years”
Armenia’s central bank reduces refinancing rate to 8.25%. Lombard repo operations at 9.75%. Banks’ market operation rate at 6.75%. News from Armenia.
Oil Prices Surge in Morning Trading as US Inventory Data Influences Traders; Brent Crude Hits $88.17 Per Barrel, WTI Crude at $82.94
Oil prices are increasing with traders analyzing US inventory data. Brent crude rises to $88.17 per barrel, while WTI crude is at $82.94 per barrel on NYMEX, both surpassing previous rallying indicators.
“Brent Crude Dips Slightly, while WTI Crude Sees Moderate Decline in May Futures”
The June Brent crude futures price drops to $89.52 per barrel, down 0.56%. WTI crude futures in May fall to $84.85 per barrel, a decrease of 0.6%.
“Gold Shatters Records: Price Skyrockets to All-Time High on April 1st”
Gold price hits record high, reaching $2285.07 per troy ounce on April 1st. It has increased by 0.8% on the London Metal Exchange, 0.29% compared to the previous day, and 9.7% since the beginning of the year. Five new records set within five days. News.am reports.
Oil Prices Surge by 5% in Two Days, Experts Predict Short-Term Dip
The price of oil has risen by 5% in the past two days, according to US data. Brent oil increased to $85.76 per barrel, while WTI oil reached $81.77 per barrel.
“Brent Crude Oil Bounces Back with a Modest Gain, While WTI Dips Slightly”
Brent crude oil price rose after recent decline, reaching $82.89 per barrel. WTI crude oil price decreased to $79.08 per barrel.
“Oil Futures Show Resilience as Prices Bounce Back from Recent Dip”
Oil futures prices rise after recent decrease. Brent crude futures up $0.2 to $82.24/barrel. WTI crude futures increase by $0.2 to $78.35/barrel. Latest news from Armenia.
“Morning Crude Oil Prices Plummet: Lowest of the Month, Brent and WTI Hit December Lows”
Crude oil prices drop significantly, reaching lowest of the month. Brent crude down $79.91, 0.19% decrease, while WTI loses $0.13, 0.17% decrease. Highest levels seen since December 26th.
Red Sea Energy Transfer Issues Cause Oil Prices to Soar, Ending the Week on a High Note
Oil prices rise on Friday, ending the week with strong gains due to Red Sea energy transfer problems caused by Yemeni rebel attacks. Brent crude reaches $80.04 per barrel, up 0.82%, while WTI crude rises to $74.49 per barrel, a 0.81% increase. Prices have risen 4.5% and 3% respectively since the start of the week.
“US Dollar Climbs to 404.58 Drams: Central Bank Releases Latest Exchange Rates”
The exchange rate of the US dollar in Armenia is 404.58 drams, while the euro is 441.56 drams and the pound is 512.20 drams. In banks, the dollar is bought at 400-405 drams and sold at 407-409 drams.