United States

Oil ekes out gains as U.S. stimulus hopes lift global markets

Oil prices extended gains for a third session on Wednesday, rising alongside broader financial markets on hopes Washington will soon approve a massive aid package to stem the economic impact of the coronavirus pandemic, Trend reports citing Reuters. U.S. crude CLc1 touched a high of $25.10 a barrel early in the session and was at $24.61 a barrel, up 60 cents, or 2.5%, by 1243 GMT. Brent crude LCOc1 was trading up 49 cents, or 1.8%, at $27.64 a barrel.
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Pashinyan gets warning from U.S.

The situation around the Amulsar gold mine is becoming one big headache for the Armenian authorities. The American Chamber of Commerce in Armenia (AmCham) has written a letter to the Armenian Prime Minister Nikol Pashinyan in connection with the situation around the gold mine.
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