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Source: Live Mint NEW YORK (Reuters) -Oil prices settled higher on Friday and recorded a second consecutive weekly gain as fresh U.S. sanctions on Iran and the latest output plan from the OPEC producer group raised expectations of tighter supply. Brent crude futures rose 16 cents, or 0.2%, to settle at $72.16 a barrel. U.S….
Source: Live Mint BEIJING, – Oil prices rose in early trading on Thursday on a decline in U.S. fuel inventories and a ratchetting up of tensions in the Middle East. Brent crude futures rose 40 cents, or 0.57%, to $71.18 a barrel by 0213 GMT, while U.S. West Texas Intermediate crude gained 34 cents, or…
Source: Live Mint Oil rose for a second day after China, the world’s biggest importer, said it would take steps to revive consumption by boosting incomes. Brent crude climbed above $71 a barrel after advancing 1% on Friday, with West Texas Intermediate near $68. Beijing will also give details on policies to stabilize stock and…
Source: Live Mint Oil snapped a seven-week losing streak as US equity markets rebounded and peace talks between Russia and Ukraine stalled, damping expectations that Moscow’s crude will return to the market soon. West Texas Intermediate rose almost 1% to settle above $67 a barrel, supported by a weaker dollar and an advance in US…
Source: Live Mint Canadian dollar falls 0.4% against the greenback Bond yields ease across the curve TORONTO, – The Canadian dollar weakened against the greenback on Thursday as oil prices fell and the latest escalation of the trade war between the United States and other countries, including Canada, weighed on investor sentiment. The loonie was…
Source: Live Mint By Stephanie Kelly and Arunima Kumar NEW YORK -Oil prices rose 2% on Wednesday, as U.S. government data showed tighter-than-expected oil and fuel inventories, though investors kept an eye on mounting fears of a U.S. economic slowdown and the impact of tariffs on global economic growth. Brent futures settled $1.39, or 2%,…
Source: Live Mint Oil prices edged higher on Wednesday, supported by a weaker dollar, though concerns over a potential U.S. economic slowdown and the impact of global trade tariffs limited gains. Emkay noted that Brent crude futures rose by 13 cents, or 0.2 percent, to USD 69.69 per barrel as of 0730 GMT, while U.S….
Source: Live Mint SINGAPORE, March 10 (Reuters) – Oil prices fell on Monday as concern about the impact of U.S. import tariffs on global economic growth and fuel demand, as well as rising output from OPEC producers, cooled investor appetite for riskier assets. Brent crude fell 25 cents, or 0.4%, to $70.11 a barrel by…
Source: Live Mint Canadian dollar falls 0.2% against the greenback Touches its weakest since February 3 at 1.4543 U.S. imposes 25% tariff on Canadian goods Two-year yield hits nearly three-year low TORONTO, – The Canadian dollar weakened to a one-month low against its U.S. counterpart on Tuesday as investors raised bets on further interest rate…
Source: Live Mint By Pranav Kashyap and Nivedita Balu Feb 18 (Reuters) – Canada’s main stock index closed higher on Tuesday, powered by energy and financial shares, as investors digested news that inflation inched higher in January. The Toronto Stock Exchange’s S&P/TSX composite index closed up 165.61 points, or 0.65%, at 25,648.84. The heavyweight energy…
