Oil steadies after US inflation data lifts rate cut hopes

By Arunima Kumar BENGALURU (Reuters) – Oil prices rose on Friday and were on course for a third straight weekly jump, buoyed by growing expectations that the U.S. Federal Reserve…

Oil prices to stay steady as China demand woes offset Mideast risks

By Rahul Paswan and Kavya Balaraman (Reuters) -Oil prices will not change much in the second half of 2024 as concerns around demand from China and prospects of higher supply…

Oil prices set for strong June; geopolitical tensions add risk premium

Investing.com — Oil prices rose Friday and were headed for strong gains in June as fears of supply disruptions in Russia and the Middle East largely offset concerns over slowing…

Oil prices to stay steady as China demand woes offset Mideast risks- Reuters poll

By Rahul Paswan and Kavya Balaraman (Reuters) – Oil prices will not change much in the second half of 2024 as concerns around demand from China and prospects of higher…

Climate activists plan protests at Citi’s New York headquarters

By Makailah Gause (Reuters) – Climate activists are planning a march targeting Citigroup’s headquarters in New York on Friday, part of what they call a “Summer of Heat” campaign. More…

Morning Bid: Parsing Biden TV flop, France poll, PCE time

A look at the day ahead in U.S. and global markets from Mike Dolan If TV debates decided elections, world markets seem remarkably calm about the prospect of a Donald…

Oil up ahead of US inflation data, set for third weekly gain

By Arunima Kumar BENGALURU (Reuters) -Oil prices rose on Friday and were on course for a third straight weekly jump buoyed by growing expectations that the U.S. Federal Reserve will…

Dollar strengthens ahead of PCE data; euro weighed by political uncertainty

Investing.com – The U.S. dollar edged higher in early European trade Friday, on course for its second straight quarterly gain, the euro slipped and the Japanese yen remained on intervention…

Saudi Arabia may cut oil prices for Asia for second month in August

By Florence Tan SINGAPORE (Reuters) – Top oil exporter Saudi Arabia may cut prices for crude grades it sells to Asia for a second month in August, tracking weakness in…

Japan names new FX diplomat as yen hits 38-year low

By Makiko Yamazaki and Satoshi Sugiyama TOKYO (Reuters) -Japan appointed a new top foreign exchange diplomat on Friday as the yen plumbed a 38-year low against the dollar, heightening expectations…