Oil prices down to 1-½ mth low on weak outlook, surplus fears
Investing.com– Oil prices fell in Asian trade on Tuesday, reaching their weakest levels since mid-June as expectations of a supply surplus and uncertainty over demand continued to chip away at…
Oil prices fall on predictions of swelling crude inventories, weak demand
By Laila Kearney NEW YORK (Reuters) – Oil prices slipped for a third trading session on Tuesday as investors focused on the prospect of swelling oil supplies and weak demand,…
US senators introduce bill to speed approvals of energy projects
By Timothy Gardner WASHINGTON (Reuters) – The top two lawmakers on the Senate energy committee on Monday introduced long-awaited legislation to speed permitting of power transmission, mining and liquefied natural…
US dollar rises slightly after Biden ends presidential campaign
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The U.S. dollar was slightly higher on Monday in quiet trading overall, as investors digested U.S. President Joe Biden’s decision to end his re-election…
Oil drops as investors look past Biden exit, focus on weak fundamentals
By Shariq Khan NEW YORK (Reuters) -Oil prices fell for a second consecutive session on Monday to hit their lowest in over a month, as investors looked past U.S. president…
Dollar gains slight safe-haven bids after Biden ends re-election campaign
By Stefano Rebaudo (Reuters) – The dollar eased slightly against a basket of currencies on Monday while dropping versus the yen as investors focused on U.S. President Joe Biden’s decision…
Oil prices fall as investors take stock of Biden exit, rate cuts in focus
By Paul Carsten and Georgina McCartney LONDON (Reuters) -Oil prices fell on Monday after Joe Biden announced he would not seek a second term as U.S. president, while investors considered…
Chinese truck and food makers attempt to regain consumer trust after tanker scandal
By Mei Mei Chu BEIJING (Reuters) – China’s truck manufacturers released safety standards for vehicles carrying edible oil on Monday, as firms attempt to regain consumer trust after a report…
Oil prices slip despite Chinese interest rate cut; Gaza ceasefire in focus
Investing.com — Oil prices slipped lower Monday, continuing the previous week’s selloff amid concerns about the economic health of top importer China after the country unexpectedly lowered borrowing costs. At…
Oil prices dip after Biden exit, rate outlook remains in focus
By Paul Carsten LONDON (Reuters) -Oil prices dipped on Monday after Joe Biden announced he would not seek a second term as U.S. president and while investors watched for more…