Oil prices dropped slightly early on Thursday on expectations of higher global production amid forecasts for weak demand growth, while a firmer dollar also took a toll on prices. The EIA has slightly raised its expectation of US oil output to an average 13.23 million bpd from 13.22 million bpd. It a

The Australian dollar inched up on Monday as the RBA stayed hawkish. The central bank said stimulus launched by the Chinese government may only have a “modest” impact on Aussies this time around. Uncertainties around the US may slow global economic growth modestly in 2025, according to major brokera