Baker Hughes sees lower North America activity; bets on foreign demand
HOUSTON (Reuters) – Baker Hughes cut its outlook for spending by oil producers on Friday, citing lower drilling activity by North American companies, joining other oilfield service companies in warning…
Brent, US crude futures fall on sagging China demand
By Georgina McCartney, Alex Lawler and Arunima Kumar LONDON (Reuters) -Oil prices slipped on Friday and were on track for a third consecutive weekly decline, pressured by muted demand in…
Should you buy a dip in copper prices? UBS discusses
The recent dip in copper prices has investors questioning whether now is the time to buy. UBS analysts have weighed in, providing a nuanced view on the current and future…
US, Brazil to work together on climate partnership, says Yellen
By David Lawder and Marcela Ayres RIO DE JANEIRO (Reuters) – The U.S. and Brazilian governments announced a climate partnership agenda on Friday, seeking to deepen ties on an issue…
Oil set for third weekly decline on China demand concerns
By Georgina McCartney, Alex Lawler and Arunima Kumar LONDON (Reuters) -Oil prices slipped on Friday and were on track for a third consecutive weekly decline, pressured by muted demand in…
Oil prices fall; set for weekly losses on demand concerns
Investing.com– Oil prices fell Friday, on course for a third consecutive losing week as concerns over sluggish demand conditions in Asia weighed. At 09:00 ET (13:00 GMT), Brent oil futures…
Morning Bid: Stocks try to shake it off and rotate
A look at the day ahead in U.S. and global markets from Mike Dolan The end of a hair-raising week for the stock market has left more questions than answers,…
Petrobras wrapping up due diligence to buy back refinery from Mubadala, sources say
By Luciana Magalhaes and Marta Nogueira RIO DE JANEIRO (Reuters) – Brazil’s state-run oil company Petrobras is wrapping up due diligence for a bid on the Mataripe refinery it sold…
Exclusive-Mexico seeks more 2025 fuel import deals after refinery delays
By Stefanie Eschenbacher, Shariq Khan and Trixie Yap MEXICO CITY/NEW YORK/SINGAPORE (Reuters) – Mexico is seeking to import more motor fuel for next year than it had previously planned, to…
Dollar stable ahead of PCE data; euro edges higher, yen slips
Investing.com – The U.S. dollar steadied in early European trade Friday ahead of the release of key inflation data, the euro edged higher while the Japanese yen slipped slightly but…
