Oil prices steady with focus on Israel-Hezbollah ceasefire, OPEC+ policy
- 27-Nov-2024
Oil prices steadied on Wednesday, with markets assessing the potential impact of a ceasefire deal between Israel and Hezbollah, and ahead of Sunday’s OPEC+ meeting of producers. Brent crude futures rose 5 cents to $72.86 a barrel by 0415 GMT, while U.S. West Texas Intermediate crude futures were up 3 cents at $68.80 a barrel. […]
Oil steady as rate hike talk counters China demand hopes
- 21-Oct-2022
Oil prices were near flat on Friday, as optimism about a possible rise in energy demand in China faded and the market weighed concerns about steep inflation. Brent crude futures lost 12 cents to trade at $92.26 a barrel by 0219 GMT. U.S. West Texas Intermediate futures fell 4 cents to $84.47 a barrel. Brent […]
Oil prices steady on US dollar weakness; recession fears weigh
- 18-Oct-2022
Oil prices steadied in early Asian trade on Tuesday as a weaker U.S. dollar lent support, although rising shale production and fears that stubbornly high inflation could lead the world economy into a recession limited gains. Brent crude futures rose 9 cents or 0.1% to $91.71 per barrel by 1:20 GMT, while U.S. West Texas […]
Global Markets: Stocks, dollar steady after US-North Korea summit
- 12-Jun-2018
NEW YORK: World stock markets were little changed on Tuesday while the US dollar fell slightly against an index of major currencies, as investors brushed aside a long-awaited US-North Korea summit aimed at denuclearizing the Korean peninsula. US President Donald Trump and North Korean leader Kim Jong Un met in Singapore, pledging to work toward […]
Stocks steady, dollar slips as Fed decision looms
- 17-Sep-2015
NEW YORK: World stock prices held near three-week highs and the dollar fell on Thursday as investors awaited whether the U.S. Federal Reserve will end its near-zero interest rate policy.