Oil prices steady as US rate-cut hopes contend with economic slowdown signals

By Laila Kearney NEW YORK (Reuters) -Oil prices steadied on Thursday as investors wrestled with mixed signals about crude demand, with concerns about an economic slowdown in the U.S. contending…

Euro falls after ECB holds rates, dollar climbs after data

By Chuck Mikolajczak NEW YORK (Reuters) -The euro fell on Thursday after the European Central Bank kept rates steady, as was widely expected, while the dollar index climbed after stronger-than-expected…

Oil prices settle slightly lower even as weaker US jobs data firm up rate-cut bets

Investing.com– Oil prices fell slightly Thursday, as disappointing U.S. jobs data prompted profit-taking after the previous session’s gain on a bigger-than-expected draw in U.S. inventories. At 08:50 ET (12:50 GMT),Β Brent…

Oil rises as US rate-cut hopes outweigh economic slowdown signals

By Laila Kearney NEW YORK (Reuters) -Oil prices were roughly flat on Thursday as investors wrestled with mixed signals about crude demand, with concerns about an economic slowdown in the…

Texas tanker bottleneck grows on slow Freeport LNG restart after Beryl

HOUSTON (Reuters) – The number of liquefied natural gas (LNG) tankers waiting to load at Freeport LNG in Texas has increased since the U.S. second largest exporter of the supercooled…

Oil steadies as economic slowdown signals contend with US rate-cut hopes

By Paul Carsten and Alex Lawler LONDON (Reuters) -Oil was broadly steady on Thursday, finding support from continuing expectations of a looming cut in U.S. interest rates after the release…

Fed rate-cut hopes keep gold near record levels

By Rahul Paswan (Reuters) – Gold prices edged higher on Thursday, as expectations of a September interest rate cut from the U.S. Federal Reserve continue to gather momentum. Spot gold…

Euro lower after ECB stands pat, dollar climbs after data

By Chuck Mikolajczak NEW YORK (Reuters) -The euro was lower on Thursday after the European Central Bank (ECB) held rates steady as was widely expected, while the dollar index advanced…

Oil steadies on US rate cut hopes and falling inventories

By Paul Carsten and Alex Lawler LONDON (Reuters) -Oil was broadly steady on Thursday, finding support from continuing expectations of a looming cut in U.S. interest rates after the release…

Climate groups split over whether Biden should ‘pass the torch’

By Valerie Volcovici WASHINGTON (Reuters) – Green groups are split over whether President Joe Biden should step aside for another Democrat in the U.S. election, with some concerned his weakening…