Oil little changed as market weighs mixed drivers

By Laila Kearney and Jeslyn Lerh SINGAPORE (Reuters) – Oil prices held steady for a second day on Wednesday as concerns about escalating hostilities in the Ukraine war potentially disrupting…

China’s Xi visits Brasilia to cap tour flexing diplomatic clout

By Eduardo Baptista and Lisandra Paraguassu RIO DE JANEIRO (Reuters) – Chinese President Xi Jinping’s state visit to Brasilia on Wednesday caps a diplomatic blitz across South America that has…

Gold prices gain more ground as Russia-Ukraine fears persist

Investing.com– Gold prices rose on Wednesday, gaining more ground as safe haven demand was buoyed by heightened tensions over Russia and Ukraine, although resilience in the dollar limited overall gains.…

Asia FX muted as China keeps rates unchanged; dollar steadies from recent dip

Investing.com– Most Asian currencies moved in a tight range on Wednesday with the yuan treading water after China left benchmark rates unchanged, while the dollar steadied from recent losses.  Regional…

Australia critical infrastructure faces cyber threats, report says

SYDNEY (Reuters) – Australia said it was concerned that one in ten cybersecurity incidents last year involved critical infrastructure, with state-sponsored actors targeting the country’s government, infrastructure and businesses using…

Oil prices flat amid Russia-Ukraine tensions, US inventory build

Investing.com– Oil prices steadied in Asian trade on Wednesday as traders watched for any worsening in the Russia-Ukraine conflict, although signs of a bumper build in U.S. stockpiles weighed on…

Oil nudges up on escalating Ukraine war, signs of improving China demand

By Laila Kearney (Reuters) – Oil edged up on Wednesday amid an escalation in the Ukraine war and signs of growing Chinese crude imports, while rising U.S. crude stocks checked…

Economic Calendar for the Week 25.11.2024 – 01.12.2024

US dollar buyers are celebrating a victory, as the US dollar index nearly touched 107.00 by the end of the week before last. At the same time, US stock indices…

Oil settles flat as escalation of Ukraine war counters Sverdrup field restart

By Shariq Khan NEW YORK (Reuters) -Oil prices settled slightly higher on Tuesday as signs of escalation of the Russia-Ukraine war turned investors cautious, but the partial restart of production…

Oil prices settle higher as traders weigh Russia threat with Norway restart

Investing.com– Oil prices steadied Tuesday, as traders balanced the restart of production at a key Norwegian field with an escalation in the geopolitical tensions after Russia updated its nuclear threat…