Oil set for fourth week of gains as investors assess US sanctions impact
By Yuka Obayashi, Siyi Liu and Enes Tunagur LONDON (Reuters) -Oil prices edged up on Friday, heading for a fourth consecutive week of gains, as the latest U.S. sanctions on…
Dollar set for losing week; sterling falls further after retail sales
Investing.com – The US dollar edged higher Friday, but was on course for a weekly loss after core inflation eased, while sterling retreated following the release of weak retail sales…
Oil climbs, set for fourth week of gains as US sanctions hit supply
By Yuka Obayashi and Siyi Liu TOKYO/SINGAPORE (Reuters) – Oil prices rose on Friday, heading for a fourth consecutive week of gains as the latest U.S. sanctions on Russian energy…
UK retail sales shrink unexpectedly in December, adding to glum data
By Andy Bruce and Suban Abdulla LONDON (Reuters) -British retail sales fell unexpectedly in December, according to data on Friday that raised the risk of an economic contraction in the…
UK retail sales fall unexpectedly in December, adding to downbeat data
By Andy Bruce and Suban Abdulla LONDON (Reuters) -British retail sales fell unexpectedly in December, according to official data on Friday that added to a run of downbeat economic indicators…
Analysis-China’s vast refining sector faces shakeout as fuel demand peaks
By Chen Aizhu SINGAPORE, (Reuters) – Up to 10% of China’s oil refining capacity faces closure in the next ten years as an earlier-than-expected peak in Chinese fuel demand crushes…
UK retail sales fall by 0.3% in December
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Column-Beware Egypt’s smokestack onshoring as cement exports surge: Maguire
By Gavin Maguire LITTLETON, Colorado (Reuters) – North Africa’s largest economy and second-largest natural gas producer has stepped up the production and export of several highly energy-intensive commodities as part…
Gold prices steady amid rate, Trump uncertainty; copper up on strong China data
Investing.com– Gold prices steadied near a one-month high in Asian trade on Friday, as uncertainty over U.S. interest rates and policy under incoming President Donald Trump spurred some haven demand. …
Chinese buyers switch to cheaper Brazilian soybeans ahead of Trump return
By Naveen Thukral, Ella Cao and Mei Mei Chu SINGAPORE/BEIJING (Reuters) – Chinese soybean processors have turned to competitively priced Brazilian cargoes instead of U.S. oilseeds, amid fears Washington will…
