Morning Bid: US PCE eyed as China rebound accelerates
A look at the day ahead in U.S. and global markets from Mike Dolan U.S. stocks surf new records as the last full week of the quarter comes to a…
Oil steady but on track for weekly drop on firmer supply outlook
By Paul Carsten LONDON (Reuters) -Oil prices held on Friday but remained on track for a weekly fall as investors weighed expectations for increased output from Libya and the broader…
Multiple terminals closed at Port of Los Angeles after lithium battery fire
(Reuters) – Operations at Port of Los Angeles suffered disruptions as an overturned tractor trailer carrying a load of lithium batteries ignited a fire near Ocean & Navy Way on…
Russian drone may have breached Romanian air space during overnight attack on Ukraine
BUCHAREST (Reuters) – A Russian drone may have breached the national airspace of NATO member Romania for “a very brief period of under three minutes” overnight during an attack on…
Oil steadies, but heads for weekly drop on firmer supply outlook
By Gabrielle Ng and Shariq Khan SINGAPORE (Reuters) – Oil prices recouped losses on Friday to edge higher, but stayed on track for a weekly fall as investors weighed expectations…
Oil prices dip on stronger supply prospects, China stimulus limits losses
By Gabrielle Ng and Shariq Khan SINGAPORE (Reuters) -Oil prices eased for a third day on Friday and were on track to fall for the week as investors focused on…
Oil prices fall as expectations of higher supplies hammer market sentiment
(Reuters) – Oil prices fell for a third day on Friday, on course to end the week lower, as investors focused on expectations of higher supplies from Libya and the…
Connecticut trader convicted in Petrobras bribery case
By Jonathan Stempel (Reuters) – A Connecticut oil and gas trader was convicted on Thursday over a nearly eight-year scheme to bribe officials at Brazil’s state-owned oil company Petrobras so…
Texas approves plan to boost oil and gas drillers’ power grid access
By Georgina McCartney HOUSTON (Reuters) – A Texas commission unanimously on Thursday approved the Permian Basin Reliability Plan, which is designed to expand power grid infrastructure in the United States’…
Dollar drops as data boost fades; Swiss franc gains following rate cut
By Chuck Mikolajczak NEW YORK (Reuters) -The dollar weakened in choppy trading on Thursday after a boost from healthy U.S. economic data faded, while the Swiss franc rose after the…
