Crude oil slip on Chinese demand concerns; little impact from Middle East turmoil
Investing.com — Oil prices edged lower Monday, on track to fall for the third consecutive month on concerns over slowing demand growth despite raised Middle East tensions. By 07:55 ET…
Oil forecasts cut for 5th straight month on demand, OPEC uncertainty: Reuters poll
By Sherin Elizabeth Varghese (Reuters) – Analysts have cut their 2024 oil price forecasts for a fifth consecutive month, citing weaker demand and uncertainty over OPEC’s plans, with prices expected…
Oil forecasts cut for 5th straight month on demand, OPEC uncertainty
By Sherin Elizabeth Varghese (Reuters) – Analysts have cut their 2024 oil price forecasts for a fifth consecutive month, citing weaker demand and uncertainty over OPEC’s plans, with prices expected…
Oil prices set to fall for third month despite Middle East conflict
By Paul Carsten LONDON (Reuters) -Oil prices were steady on Monday and on track to fall for the third month in a row as a strong supply outlook and questions…
Euro nudges higher; China stimulus boosts Aussie and kiwi
By Tom Westbrook and Alun John SINGAPORE/LONDON (Reuters) -The euro strengthened on Monday after German inflation data, while commodity currencies rose on hopes for a turnaround in China’s economy and…
Strong Thai baht hitting exporters and tourism, says central bank
BANGKOK (Reuters) -A rapid appreciation of the Thai baht is hitting exporters and tourism spending, the central bank said on Monday, adding that the currency was gaining due to a…
Iran will not leave Israel’s ‘criminal acts’ unanswered, says foreign ministry
DUBAI (Reuters) – Iran will not leave any of “the criminal acts” of Israel unanswered, Iranian Foreign Ministry spokesperson Nasser Kanaani said on Monday, referring to the killing of Hezbollah’s…
Dollar stabilizes ahead of Powell speech, payrolls data
Investing.com – The U.S. dollar steadied Monday, as traders awaited a speech by Federal Reserve Chair Jerome Powell later in the session ahead of Friday’s key employment report. At 04:25…
Russia’s Novak sees oil price volatility easing despite Middle East turmoil
MOSCOW (Reuters) – Russian Deputy Prime Minister Alexander Novak expects oil prices’ fluctuations will subside following volatility spurred by the tensions in the Middle East as geopolitical risks are already…
Oil prices climb on fears of Middle East conflict escalation
By Gabrielle Ng and Katya Golubkova SINGAPORE (Reuters) -Oil prices rose for a second consecutive session on Monday, with concerns escalating over potential supply disruptions in the Middle East after…
