Oil prices steady as markets weigh smaller US inventory draw, Libya risks
Investing.com– Oil prices steadied in early Asian trade on Thursday after a smaller than expected draw in U.S. inventories brewed concerns over cooling demand, although the prospect of extended supply…
Oil steady as smaller-than-expected US stock draw counters Libya supply disruption
By Katya Golubkova TOKYO (Reuters) – Oil prices held mostly steady on Thursday as a smaller-than-expected draw in U.S. crude inventories and continued worries over China demand countered supply disruptions…
US dollar advances on month-end demand; focus on economic data
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The U.S. dollar gained on Wednesday due to month-end buying and technical factors after recent declines that pushed it to its weakest in more…
Oil prices fall 1% after US crude stocks draw; Libya supply risks limit losses
By Nicole Jao (Reuters) -Oil prices settled 1% lower on Wednesday after a smaller-than-expected draw in U.S. crude stockpiles and as concerns over Chinese demand persisted, though losses were capped…
Oil prices fall on signs of easing summer demand amid smaller draw in crude stocks
Investing.com – Oil prices fell Wednesday, handing back some recent profits despite another outsized draw in U.S. inventories, tensions in the Middle East and potential supply disruptions in Libya. At…
Oil prices fall after US crude stocks draw; Libya supply risks limit losses
By Nicole Jao (Reuters) -Oil prices edged lower on Wednesday after a smaller-than-expected draw in U.S. crude stockpiles and as concerns over Chinese demand persisted, though losses were capped by…
The Reality of Inflation: Why It’s Here to Stay?
Inflation is not just an economic buzzword; it is a persistent and pervasive force affecting everyone. Despite efforts by the Federal Reserve to tame it, inflation has become a permanent…
Switzerland to scrap ban on building nuclear power stations
ZURICH (Reuters) – The Swiss government said on Wednesday it plans to overturn a ban on building new power plants to strengthen local energy supply at a time of increased…
Gold falls over 1% on firmer dollar as US data takes spotlight
By Anushree Ashish Mukherjee (Reuters) – Gold prices dropped more than 1% on Wednesday, hurt by a stronger U.S. dollar as investors focused on key inflation data from the world’s…
Oil prices edge lower after US crude stocks draw, Libya supply risks limit losses
By Arunima Kumar and Robert Harvey (Reuters) – Oil prices fell by around 1% on Wednesday due to persistent concerns over Chinese demand and elevated risks of a broader economic…
