Asia FX under pressure from new US export curbs on China; yuan hits 1-yr low
Investing.com– Most Asian currencies extended declines on Tuesday with the Chinese yuan hitting a one-year low, as markets assessed the impact of new U.S. export restrictions targeting China’s semiconductor industry. The…
Gold prices steady as anticipation of Fed, rate cues favors dollar
Investing.com– Gold prices inched higher in Asian trade on Tuesday, but retained most of their losses this week as anticipation of more cues on U.S. interest rates kept the dollar…
Oil prices trade in tight range ahead of OPEC+ meeting
By Florence Tan and Colleen Howe SINGAPORE (Reuters) -Oil prices were little changed on Tuesday, trading within a narrow range, as traders awaited the outcome of an OPEC+ meeting later…
Fuel oil smuggling network rakes in $1 billion for Iran and its proxies
By Maha El Dahan and Yousef Saba DUBAI (Reuters) – A sophisticated fuel oil smuggling network that some experts believe generates at least $1 billion a year for Iran and its…
Oil prices little changed ahead of OPEC+ meeting
By Colleen Howe BEIJING (Reuters) – Oil prices inched down amid mixed market signals on Tuesday, with traders awaiting the outcome of an OPEC+ meeting this week. Brent crude futures…
Oil prices muted as strong dollar weighs; OPEC+ meeting awaited
Investing.com– Oil prices moved little in Asian trade on Tuesday amid pressure from a strong dollar as traders awaited more U.S. economic cues, while caution before an OPEC+ meeting this…
Exxon talks continue on shallow-water block in Guyana auction, company says
HOUSTON (Reuters) – U.S. oil major Exxon Mobil (NYSE:XOM) and partners are continuing to negotiate with Guyana’s government on the terms for developing a shallow-water oil block, an Exxon spokesperson…
Euro drops as French government crisis escalates
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The euro faltered on Monday against a strong U.S. dollar on growing concerns about a possible government collapse in France, which would stall plans…
Oil steady, traders hopeful on China demand but worried about Fed
By Arathy Somasekhar HOUSTON (Reuters) -Oil prices were little changed on Monday, as hopes of stronger demand stemming from higher factory activity in China was largely offset by concerns that…
USDA defeats student’s challenge to milk marketing
By Jonathan Stempel (Reuters) – The U.S. Department of Agriculture won the dismissal of a lawsuit by a student who said her First Amendment rights were violated because she could…
