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), 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…
Oil prices retreat after diappointing US jobs data
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), Brent…
Euro holds firm after ECB leaves options open for Sept cut
LONDON (Reuters) – The euro held steady on Thursday, as did euro zone government bond yields after the European Central Bank left interest rates unchanged, and did not signal a…
