By Amit Deshmukh NEW DELHI / GULF TIME Prime Minister Narendra Modi’s visit to Ethiopia …
Read More »Oil drops again after sudden index shift prompts firesale
Bloomberg Oil prices plunged to within a whisker of $10 a barrel after a major index tracked by billions of dollars in funds bailed out of near-term contracts for fear prices may turn negative again. The abrupt decision by S&P Global Inc. to tell clients to sell their June West Texas Intermediate holdings unleashed another day of chaos in the …
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