Oil rebounded from a seven-week low in New York before a government report forecast to show that payrolls rose for a fourth month in the U.S., the world’s biggest crude-consuming nation.
Futures advanced as much as 0.7 percent for the first gain in three days after a technical indicator signaled prices may have fallen too far. They dropped 2.4 percent yesterday, leaving West Texas Intermediate futures at the biggest discount to London-traded Brent crude in more than five months. Payrolls in the U.S. probably rose by 205,000 last month, according to Bloomberg survey before the Labor Department report tomorrow.
Yanbu seeks to attract investors from Houston
Executives for the Royal Commission at Yanbu (RCY), the master planner and managing authority for Saudi Arabia’s Yanbu Industrial City, are hosting an exclusive roundtable at the JW Marriott – Housto
NCB IPO 18% subscribed at end of 5th day
The initial public offering (IPO) of the National Commercial Bank (NCB) was 18 percent covered by the end of the fifth day, according to the financial advisers and lead managers GIB Capital and HSBC