Oil set for third weekly decline on China demand concerns
By Georgina McCartney, Alex Lawler and Arunima Kumar LONDON (Reuters) -Oil prices slipped on Friday and were on track for a third consecutive weekly decline, pressured by muted demand in…
Oil prices fall; set for weekly losses on demand concerns
Investing.com– Oil prices fell Friday, on course for a third consecutive losing week as concerns over sluggish demand conditions in Asia weighed. At 09:00 ET (13:00 GMT), Brent oil futures…
Morning Bid: Stocks try to shake it off and rotate
A look at the day ahead in U.S. and global markets from Mike Dolan The end of a hair-raising week for the stock market has left more questions than answers,…
Petrobras wrapping up due diligence to buy back refinery from Mubadala, sources say
By Luciana Magalhaes and Marta Nogueira RIO DE JANEIRO (Reuters) – Brazil’s state-run oil company Petrobras is wrapping up due diligence for a bid on the Mataripe refinery it sold…
Exclusive-Mexico seeks more 2025 fuel import deals after refinery delays
By Stefanie Eschenbacher, Shariq Khan and Trixie Yap MEXICO CITY/NEW YORK/SINGAPORE (Reuters) – Mexico is seeking to import more motor fuel for next year than it had previously planned, to…
Dollar stable ahead of PCE data; euro edges higher, yen slips
Investing.com – The U.S. dollar steadied in early European trade Friday ahead of the release of key inflation data, the euro edged higher while the Japanese yen slipped slightly but…
Oil set for third weekly decline, pressured by Gaza ceasefire hopes
By Laila Kearney (Reuters) – Oil prices rose slightly on Friday but remained on track for a third straight week of decline due to weak demand in China, the world’s…
Chinese firms seek to cut stakes in new Indonesian nickel smelters
By Fransiska Nangoy JAKARTA (Reuters) – Chinese companies are in talks with potential investors to reduce their stakes in Indonesian nickel smelters amid efforts to make their products eligible for…
Gold prices rise but nurse weekly losses with PCE data on tap
Investing.com– Gold prices rose in Asian trade on Friday but were nursing steep losses through the week as traders remained largely biased towards the dollar before more cues on interest…
Oil prices set for third straight week of decline
By Laila Kearney (Reuters) – Oil prices were up slightly on Friday on stronger-than-expected U.S. economic data that raised investor expectations for increasing crude oil demand from the world’s largest…
