Asia FX muted as dollar firms before PCE data; yen on intervention watch
Investing.com– Most Asian currencies kept to a tight range on Friday as the dollar stuck to near two-month highs before key inflation data that is likely to factor into the…
Oil prices rise, set for strong June amid geopolitical risks
Investing.com– Oil prices rose in Asian trade on Friday and were headed for strong gains in June as fears of supply disruptions in Russia and the Middle East largely offset…
Oil prices edge higher as supply risks mount
By Shariq Khan NEW YORK (Reuters) – Oil prices rose in early Asian trading hours on Friday, setting up a third straight weekly jump, as concerns about supply problems from…
US lawmakers seek crackdown on Chinese used cooking oil imports over fraud concerns
(Reuters) – A group of U.S. farm state senators is pushing for a regulatory crackdown on surging imports of used cooking oil from China and elsewhere amid concerns some of…
EUR/USD may face parity risk amid bumpy political backdrop ahead
Investing.com — The euro has struggled recently as political uncertainty in Europe has beckoned once again, but events across the pond in the U.S. may hold even more sway, possibly…
Wells Fargo: Gas demand growth fuels optimism despite supply headwinds
Investing.com – A research note from Wells Fargo (NYSE:WFC) on Wednesday showed a clearing demand growth outlook for natural gas in the face of potential headwinds generated by robust and…
US dollar eases after soft economic data; yen inches higher
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The U.S. dollar drifted lower against most currencies on Thursday, pressured by softening data in the world’s largest economy that backs expectations the Federal…
Oil settles $1 up, war risk premium outweighs ample US stocks
By Georgina McCartney HOUSTON (Reuters) -Oil futures settled higher on Thursday on worries about global crude supply disruptions as geopolitical pressure in the Middle East and Europe mounted, while a…
Oil prices settle higher on supply disruption jitters amid geopolitical tensions
Investing.com — Oil prices settled higher Thursday as rising Middle East tensions stoked worries about global supplies disruptions, overshadowing data from a day earlier showing a surprise build in U.S.…
US Senate committee probes oil producers on price collusion with OPEC
WASHINGTON (Reuters) – The U.S. Senate budget committee on Thursday launched a probe of 18 domestic oil producers about any efforts to illegally coordinate with the Organization of the Petroleum…
