Oil prices choppy as traders eye increased supply outlook, China stimulus measures

Investing.com — Oil prices were choppy on Friday, but remained on pace for a weekly decline, as traders assessed stimulus measures out of China and the prospect of increased output…

Agriculture groups urge White House action ahead of possible ports strike

CHICAGO/WASHINGTON (Reuters) – Nearly 200 agriculture organizations on Friday morning urged the White House to address key U.S. agricultural supply chain issues in the face of a potential East and…

Senegal’s dollar bonds fall after audit reveals larger debt and deficit

By Duncan Miriri NAIROBI (Reuters) -Senegal’s sovereign dollar bonds fell on Friday after a government audit revealed larger debt and deficit figures than the previous administration had reported, Tradeweb data…

China’s FX conundrum mutes stimulus optimism: McGeever

By Jamie McGeever ORLANDO, Florida (Reuters) -It’s safe to say that the timing and scale of the stimulus measures unleashed by China this week were, in large part, prompted by…

Uganda to cut spending, domestic borrowing in 2025/26, finance ministry says

KAMPALA (Reuters) – Uganda’s government plans to cut spending by just over a fifth and domestic borrowing by just over a half in the 2025/26 (July-June) fiscal year, the finance…

Analysis-US Gulf Coast oil prices to take center stage as exports dominate

By Arathy Somasekhar HOUSTON (Reuters) – Rising U.S. crude oil exports are boosting the prominence of Gulf Coast price benchmarks and buoying trading volumes on Houston contracts, eroding the significance…

Morning Bid: US PCE eyed as China rebound accelerates

A look at the day ahead in U.S. and global markets from Mike Dolan U.S. stocks surf new records as the last full week of the quarter comes to a…

Oil steady but on track for weekly drop on firmer supply outlook

By Paul Carsten LONDON (Reuters) -Oil prices held on Friday but remained on track for a weekly fall as investors weighed expectations for increased output from Libya and the broader…

Multiple terminals closed at Port of Los Angeles after lithium battery fire

(Reuters) – Operations at Port of Los Angeles suffered disruptions as an overturned tractor trailer carrying a load of lithium batteries ignited a fire near Ocean & Navy Way on…

Russian drone may have breached Romanian air space during overnight attack on Ukraine

BUCHAREST (Reuters) – A Russian drone may have breached the national airspace of NATO member Romania for “a very brief period of under three minutes” overnight during an attack on…