OPEC+ likely to stick to output policy at Aug 1 JMMC meeting
By Olesya Astakhova, Ahmad Ghaddar and Alex Lawler MOSCOW/LONDON (Reuters) – An OPEC+ panel is unlikely this week to make any changes to its current deal to cut production and…
US oil and gas mergers continue at furious pace in Q2, says Enverus
By Gary McWilliams HOUSTON (Reuters) – U.S. oil and gas patch deals continued to run hot in the second quarter, topping $30 billion with big dollar tie-ups pushing values higher,…
US says start of new China tariffs will be delayed by at least two weeks
WASHINGTON (Reuters) – The U.S. Trade Representative’s office said Tuesday some of the steep U.S. tariff increases on an array of Chinese imports, including electric vehicles and their batteries, computer…
Oil drops to two-month low as China concerns weigh
By Alex Lawler LONDON (Reuters) -Oil steadied on Tuesday near its lowest levels since early June as worries about demand in China were balanced by a government pledge of policy…
Kamala Harris launches $50 million ad blitz in US presidential race
WASHINGTON (Reuters) – Democratic presidential candidate Kamala Harris launched a $50 million advertising blitz on Tuesday, capitalizing on the momentum of a fledgling campaign against Republican rival Donald Trump with…
Oil prices fall as Middle East fears ease, OPEC meeting due
Investing.com — Oil prices fell to a near two-month low Tuesday on concerns about demand growth in China, the world’s largest crude importer, while the lack of immediate escalation in tensions between…
Palladium outlook remains negative; targeting price drop to $900/oz: UBS
Investing.com — UBS Global Research in a note dated Monday, has maintained a bearish stance on palladium, forecasting a price decline to $900/oz within the next 12 months. The brokerage…
Hedge funds make massive retreat from short yen positions, UBS says
By Summer Zhen HONG KONG (Reuters) – Global hedge funds made a massive retreat from their bearish bets on the Japanese yen during the currency’s strong rise against the U.S.…
Microsoft and job openings to hit pre-Fed vigil
A look at the day ahead in U.S. and global markets from Mike Dolan To the extent that worries about pricey tech stocks and rising AI capex spending were partly…
Macquarie bullish on USD into 2025 should Trump win
Investing.com — Over the past month, significant changes in US politics have shifted market expectations, overtaking the influence of the Federal Reserve (Fed) on the US dollar (USD). Initially, it seemed…
