Oil prices fall as traders bet Russia sanctions could end soon
HOUSTON: Oil prices fell on Tuesday as traders thought a possible cease-fire in Russia’s war with Ukraine might lead to easing or the end to sanctions on Russian crude oil, which would in turn boost global supply.
Ringgit opens flat against US dollar on cautious sentiment
The ringgit opened flat against the US dollar on Wednesday, amid cautious market sentiments ahead of the United States (US) Federal Reserve (Fed) chair, Jerome Powell's Jackson Hole speech this Friday.