Oil prices dip with eyes on Libya output, Middle East conflict

Investing.com– Oil prices fell in Asian trade on Tuesday, cooling after a strong rebound in recent sessions with traders seeking more cues on production disruptions in Libya and a wider…

Currencies tread water as Middle East risks temper rate cut optimism

By Rae Wee SINGAPORE (Reuters) – The dollar edged higher on Tuesday and major currencies traded sideways as lingering concerns over tensions in the Middle East partially offset investors’ optimism…

Four arson suspects arrested for setting fires in Brazil farmland

BRASILIA (Reuters) -Four men have been arrested on suspicion of setting fires that have destroyed thousands of hectares of sugarcane plantations in Brazil’s northern Sao Paulo state, the government said…

Three arson suspects arrested for setting fires in Brazil farmland

BRASILIA (Reuters) – Three men have been arrested on suspicion of setting fires that have destroyed thousands of hectares of sugarcane plantations in northern Sao Paulo state, its Governor Tarcisio…

Safe-haven yen, US dollar rally on escalating Middle East tension

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The U.S. dollar rallied from an eight-month low on Monday, while the yen rose against most currencies, as geopolitical tension in the Middle East…

Citi sees potential for US dollar strength amid seasonal trends

On Monday, Citi issued a note highlighting the potential for the U.S. dollar to strengthen, citing several factors that could play a role in the currency’s performance. According to the…

Oil climbs 3% as Libya output cuts further supply concerns

By Arathy Somasekhar HOUSTON (Reuters) -Oil prices settled 3% higher on Monday as production cuts in Libya added to supply concerns stemming from reports of escalating conflict in the Middle…

At least 30 killed in Sudan dam collapse, number could be much higher, U.N. says

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Shell to shut-in portions of Louisiana Zydeco oil pipeline for maintenance

HOUSTON (Reuters) -Oil major Shell (LON:SHEL) on Monday said it plans to shut-in different portions of its Zydeco pipeline system for maintenance for three to four days starting Sept 24.…

Oil prices rally on Libya output cuts, fears of wider Middle East conflict

Investing.com– Oil prices rose in Asian trade on Monday, extending a rebound from the prior session as media reports showed no progress towards an Israel-Hamas ceasefire while hostilities in the…