Dollar climbs for the week, cyber outage unsettles investors
By Chuck Mikolajczak NEW YORK (Reuters) -The dollar climbed on Friday and was set to snap a two-week streak of declines as a worldwide cyber outage that affected banks, airlines…
Oil settles at one-month low on Gaza ceasefire hopes
By Georgina McCartney HOUSTON (Reuters) -Oil prices settled over $2 lower on Friday at their lowest level since mid-June as investors eyed a possible ceasefire in Gaza, while a strengthened…
Oil prices in weekly loss after settling sharply lower amid China demand concerns
Investing.com– Oil prices fell to a weekly loss after settling sharply lower Friday, as dollar strength and ongoing concerns about demand from top oil importer China offset ongoing signs of improving…
US court will not halt power plant emissions rule as states challenge it
By Brendan Pierson (Reuters) – A U.S. appeals court on Friday ruled that a regulation ordering deep cuts in power plants’ carbon emissions can go ahead while it considers a…
Oil down $2 as investors eye Gaza ceasefire hopes
By Georgina McCartney HOUSTON (Reuters) -Oil prices dropped on Friday by more than $2 as investors reacted to renewed hopes of a ceasefire in Gaza, while a strengthened dollar further…
Oil falls $1 a barrel with Gaza ceasefire in sight, easing supply fears
By Georgina McCartney HOUSTON (Reuters) – Oil prices fell on Friday on renewed hopes of a ceasefire in Gaza, while a strong dollar further weighed on the market. Brent crude…
Oil slips as strong dollar, China worries offset supply outlook
By Ahmad Ghaddar LONDON (Reuters) -Oil prices were little changed on Friday as a strong dollar and concern over the economy of top oil importer China were countered by a…
Morgan Stanley sees gold prices rising over $2,600 by Q4
Gold is approaching its record highs, rising 50% from its 2022 lows and 25% since mid-February. According to Morgan Stanley commodity strategists, this surge is driven primarily by the physical…
Champagne makers call for reduced grape harvest after 15% drop in sales
PARIS (Reuters) – France’s champagne producers on Friday called for a cut in the number of grapes harvested this year after sales of the wine fell more than 15% in…
Oil steady as supply outlook offsets strong dollar and China worries
By Ahmad Ghaddar LONDON (Reuters) -Oil prices were little changed on Friday as a strong dollar and concern over the economy of top oil importer China were countered by a…
