Oil climbs on prospects of wider MidEast war, ample supply caps gains

By Gabrielle Ng and Georgina McCartney SINGAPORE (Reuters) – Oil prices rose on Thursday as the prospect of a widening Middle East conflict that could disrupt crude oil flows from…

US Dollar Rising on Robust US Jobs Data. Forecast as of 03.10.2024

The future trajectory of the EURUSD pair will be influenced by key economic indicators, particularly US employment statistics, and developments in the Middle East. Should the outlook for the euro…

Share Your Expertise: Shape the Future of Global Cross-Border Payments

The efficacy of cross-border payments across borders has become an essential aspect of businesses. Unfortunately, these payments are also a notable pain point for operations as they expand into international…

Demo Account Prop Trading Platforms Do Not Need Authorisation: Czech Regulator

Demo account prop trading services without real-market executions and subsequent settlements cannot be categorised as investment services under existing regulations, the Czech National Bank (CNB) recently clarified. Demo Account Prop…

Oil rises on prospects of wider Middle East war, firmer global supply caps gains

By Gabrielle Ng and Georgina McCartney SINGAPORE (Reuters) -Oil prices rose on Thursday as the prospect of a widening Middle East conflict that could disrupt crude oil flows from the…

Oil rises as Middle East conflict deepens, gains capped by global supply outlook

(Reuters) – Oil prices ticked higher in early trade on Thursday as investors weighed the escalating conflict in the Middle East and the potential for disruption to crude flows, against…

Analysis-OPEC+ could cushion Iran oil shock but not broader disruption

By Maha El Dahan, Ahmad Ghaddar and Dmitry Zhdannikov LONDON (Reuters) – OPEC has enough spare oil capacity to compensate for a full loss of Iranian supply if Israel knocks…

Plentiful oil supply dampens industry reaction to growing Middle East conflict

By Georgina McCartney and Liz Hampton HOUSTON/DENVER (Reuters) -The oil industry and markets have had a muted reaction to growing conflict in the Middle East, a sign of just how…

Dollar gains as ADP shows better-than-expected jobs gains

By Karen Brettell NEW YORK (Reuters) -The dollar hit a three-week high against the euro on Wednesday after the ADP national employment report showed U.S. private payrolls increased more than…

Middle East conflict lifts oil prices despite large US crude build

By Nicole Jao NEW YORK (Reuters) -Oil prices climbed on Wednesday on worries that the escalating conflict in the Middle East could threaten oil supplies from the world’s top producing…