Sentences with phrase «settling oil deals»

Not exact matches

On Monday, WTI closed at US$ 52.22 a barrel, up by 3 percent, while Brent crude settled at US$ 59.02 — its highest since July 2015 — on the back of growing optimism that the OPEC production cut deal is finally having a palpable effect on global supplies of crude oil, and the equally growing worry that the Middle East could be in for more tensions — this time between the Kurdish nation and the countries it inhabits, following an independence referendum in the Kurdistan autonomous region in Iraq.

Saudi Arabia's central bank has also recently penned a deal with the San Francisco - based cryptocurrency company, which aims to help banks in the oil - rich kingdom settle instantaneous cross-border payments using blockchain software.

According to reports, Saudi Arabia's central bank has penned a deal with the San Francisco - based cryptocurrency company, which aims to help banks in the oil - rich kingdom settle instantaneous cross-border payments using blockchain software.