Inflation ( CCPI)-0.5% (Sep 2024)
GDP4.7% (2Q 2024)
Unemployment4.3% (4Q 2023)
3M T-Bill Rate9.32%
12M T-Bill Rate9.95%
2Y T-Bond Rate10.37%/ 10.45%
4Y T-Bond Rate11.80% / 11.90%
USD/LKR292/293
Reserves $5.99Bn (Sep 2024)
Cum. Trade Deficit $2,550 Mn (June 2024 cumulative)
Cum. Fiscal DeficitLKR 599Bn (June 2024)

Oil rises on tighter supply outlook

EnergyMar 30, 2024
Oil rises on tighter supply outlook

Oil prices surged by over a dollar per barrel on Thursday, driven by several factors including the increased likelihood of OPEC+ production cuts, continued attacks on Russia's energy infrastructure, and a decrease in the U.S. rig count, which is tightening crude supplies, according to Reuters.

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