WTI Crude Slips to $90.85 Amid Iran Tensions

Oil prices edge lower in Asian trade as traders weigh geopolitical risks against market fundamentals. West Texas Intermediate crude fell to $90.85 in early Asian trading Friday, extending losses below $91.00. The decline comes despite heightened tensions involving Iran, as

PBOC Set to Fix USD/CNY Midpoint Near 6.7735

China’s central bank will announce its daily yuan reference rate, influencing onshore trading within a 2% band around the midpoint. The People’s Bank of China is expected to set the USD/CNY reference rate at approximately 6.7735, a key benchmark for the yuan’s daily tradin

North Dakota Seeks Oil Boost

North Dakota pushes Enhanced Oil Recovery to increase production North Dakota officials are promoting Enhanced Oil Recovery technologies to boost oil production in the Bakken region. The Trump administration has increased access to federal lands and offshore waters