Dollar firm after Powell pushes back on aggressive easing bets

By Kevin Buckland and Brigid Riley TOKYO (Reuters) – The U.S. dollar firmed against its major peers on Tuesday after Federal Reserve Chair Jerome Powell pushed back against bets on…

Dollar sturdy after Powell pushes back on aggressive easing bets

By Kevin Buckland and Brigid Riley TOKYO (Reuters) – The U.S. dollar firmed against its major peers on Tuesday after Federal Reserve Chair Jerome Powell pushed back against bets on…

Oil little changed as demand worries offset Mideast fears

SINGAPORE (Reuters) -Oil prices were little changed on Tuesday as stronger supply prospects and tepid global demand growth outweighed worries that escalating tensions in the Middle East could impact output…

Analysis-Australia could be canola trade winner if China gets over fungus worries

By Peter Hobson, Naveen Thukral and Mei Mei Chu CANBERRA/SINGAPORE/BEIJING (Reuters) – Australia would be the likely winner from a shift in global canola trade flows should China impose tariffs…

Oil steady as prospect of more supply offsets Middle East conflict worries

(Reuters) – Oil prices were steady on Tuesday as the prospect of additional supply entering the market amid lacklustre global demand growth offset concerns that the escalating Middle East conflict…

US buys 6 million barrels of oil for Strategic Petroleum Reserve

WASHINGTON (Reuters) – The U.S. has bought 6 million barrels of oil for the Strategic Petroleum Reserve for delivery through May of 2025, the Department of Energy said on Monday.…

Oil slumps 17% in Q3 as Middle East conflict offset by slowing demand

By Nicole Jao NEW YORK (Reuters) -Oil prices were little changed on Monday, but posted a 17% loss for the third quarter as fears that a widening conflict in the…

Dollar gains as Fed’s Powell adopts hawkish tone on economy

By Karen Brettell NEW YORK (Reuters) -The dollar rose on Monday after Federal Reserve Chair Jerome Powell adopted a more hawkish tone on the economy, leading traders to pare bets…

US natgas prices edge up to 15-week high on weeks of low storage builds

By Scott DiSavino (Reuters) -U.S. natural gas futures edged up about 1% to a 15-week high as reduced output so far this year has cut the amount of the fuel…

Imported cars face higher fees as Russia plans domestic production boost

(Reuters) – Russia plans to effectively raise taxes on imported cars from 2025 by doubling the scrappage fees all car producers must pay while also increasing state support for locally…