Euro STOXX 600 up 0.4% Oil prices rebound on China hopes, talk of output cuts Dollar falls as investors seek riskier assets China property shares rally on policy support http://tmsnrt.rs/2yaDPgn LONDON/SYDNEY, Nov 29 (Reuters) – Stocks and oil gained on Tuesday on hopes that public unrest in China might prompt an earlier loosening of COVID-19 … Read more
US crude reverses losses on OPEC+ production cut rumors WTI hits lowest since Dec 2021, Brent at lowest since Jan 2022 Clashes in Shanghai as COVID protests flare across China Nov 28 (Reuters) – US crude turned positive and Brent pared losses on Monday after falling to close to their lowest levels in a year, … Read more
China announces record new local COVID cases Commodities sold off amid demand concerns Dollar slips against yen, Swiss franc NEW YORK/ LONDON, Nov 28 (Reuters) – US stocks tracked a decline in equities worldwide and oil was sold off on Monday as rare protests in major Chinese cities against the country’s strict zero-COVID curbs fueled … Read more
WASHINGTON/HOUSTON, Nov 26 (Reuters) – Chevron Corp on Saturday received a US license allowing the second-largest US oil company to expand its production in Venezuela and bring the South American country’s crude oil to the United States. The decision grants broader rights for the last big US oil company still operating in US-sanctioned Venezuela. However, … Read more
G7 price cap on Russian oil could be above current trading level EIA gasoline stocks data shows higher than expected build COVID-19 controls tighten in China Nov 24 (Reuters) – Benchmark Brent oil edged lower on Thursday while West Texas Intermediate (WTI) crude held steady, hovering in sight of two-month lows as the level of … Read more
EIA US gasoline stocks data shows higher-than-expected build G7 price cap on Russian oil could be above current trading level Chinese demand concerns weigh as COVID-19 cases surge Majority of Fed officials see rate hikes slowing soon HOUSTON, Nov 23 (Reuters) – Oil prices fell more than 3% on Wednesday, continuing a streak of volatile … Read more
IAEA chief warns of huge risks from fighting at plant Russia, Ukraine trade blame for shelling President Zelenskiy says eastern region hit by heavy artillery ‘Fiercest battles’ in Donetsk region, Zelenskiy says KYIV, Nov 21 (Reuters) – Ukraine narrowly escaped disaster during fighting at the weekend that rocked Europe’s largest atomic power plant with a … Read more
IAEA says Ukraine plant rocked by 12 blasts Plant is controlled by Russian forces Moscow and Kyiv accuse other of shelling ‘You’re playing with fire!’ – IAEA chief LONDON, Nov 20 (Reuters) – Ukraine’s Zaporizhzhia nuclear power plant, which is under Russian control, was rocked by shelling on Sunday, drawing condemnation from the UN nuclear … Read more
https://tmsnrt.rs/2zpUAr4 Markets choppy after Fed warnings on rates US yield curve most inverted since 1981 Dollar runs into fresh selling, but off week’s lows SYDNEY, Nov 18 (Reuters) – Asian shares were in a cautious mood on Friday after US Federal Reserve officials fired more warning shots on interest rates, while rising coronavirus cases in … Read more
Ukraine and Russia are major global grain exporters Black Sea deal helps easing global food price crisis The UN-brokered deal is extended for four months Moscow wants removal of obstacles to grain, fertiliser exports Nov 17 (Reuters) – A deal aimed at easing global food shortages by facilitating Ukraine’s agricultural exports from its southern Black … Read more