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Oil prices rose above $75 in international markets on Friday, boosted by signs of a strengthening US economy and a sharp drop in inventories ahead of further supply cuts from Saudi Arabia.  On the London market, the price of a barrel for delivery in September was 82 cents higher in the afternoon than at the close of trading yesterday and amounted to $75.33. Barrels for August delivery traded 52 cents higher at $74.86. On the American market, the price of a barrel increased by 86 cents, to 70.72 dollars.  Traders were encouraged by slightly increased estimates of US economic growth in the first quarter and a sharp fall in inventories last week, by as much as 9.6 million barrels.  The US economy grew by 1.8% in the first quarter, according to the Commerce Department, compared to the same period last year, 0.2 percentage points stronger than previous estimates showed. At the end of 2022, it increased by 0.9 percent.  Prices were also supported by Saudi Arabia's an...

 The U.S. bookkeeping guard dog on Thursday said it has full admittance to review and explore firms in China unexpectedly, eliminating the gamble that around 200 Chinese organizations could be started off U.S. stock trades. The assertion from the Public Organization Bookkeeping Oversight Board (PCAOB) marks a triumph for U.S. controllers and a help for Chinese firms, including Alibaba, confronting delisting in the midst of rough relations between the world's biggest economies. Washington and Beijing have been secured in a warmed exchange and innovation war. "Without precedent for history, we can perform full and exhaustive examinations and examinations to uncover expected issues and consider firms responsible to fix them," said PCAOB Seat Erica Williams. "This falls into the classification of a game changing perspective on Chinese organizations in light of the fact that the danger of their delisting appears to have been dispensed with," said Craftsmanship Hogan,...