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RICHARD PULLIN
Oil prices edge up on low inventories, high gasoline demand in USOn the demand side, the U.S. Federal Reserve raised its benchmark overnight interest rate by three-quarters of a percentage point, in line ...- Oil extends losses as recession fears mountOil prices fell 2% in early trade on Thursday, extending losses from the previous day, as investors worried that aggressive U.S. interest r...
- Oil rebounds after steep drop, underpinned by tight suppliesU.S. crude production, which has been largely stagnant over the last few months, edged up 100,000 barrels per day last week to 12 million b...
- New Zealand dollar climbs as central bank hikes, predicts a lot more to comeThe New Zealand dollar climbed on Wednesday after the country's central bank raised interest rates by half a point and sharply lifted its p...
- Facebook owner Meta briefly blocks hashtags tied to Bucha killingsMeta spokesman Andy Stone said automated systems that scan for violent imagery on Facebook and Instagram, which the company also owns, were...
- Australia, NZ dollars blocked by chart barriers, virus surgeThe Australian and New Zealand dollars were taking a breather on Friday after again faltering at major chart barriers, while an explosion o...
- Saudi sovereign fund PIF set to raise $3.2 bln in Saudi Telecom stake saleThe deal, which was marketed internationally, is the biggest equity capital market transaction in the Middle East this year, said a source ...
- Sydney faces 'scariest period' in pandemic amid Delta outbreakNSW officials have so far resisted calls for a hard lockdown although Australia has a good record of successfully suppressing past outbreak...
- Oil extends gains on hopes of US stimulus and crude stocks drawdownU.S. President-elect Joe Biden's Treasury Secretary nominee Janet Yellen urged lawmakers on Tuesday to "act big" on pandemic relief spendin...
- Robinhood cuts margin interest rate to 2.5%The rate cut is part of the company's overall goal to lower the cost of investing, Robinhood said in a statement, and is the latest competi...
- Oil falls nearly 3% after Trump tests positive for COVID-19In a tweet, Trump said that he and First Lady Melania Trump tested positive for COVID-19.
- Oil prices back on the rise on U.S. stimulus hopes, Iraq output cutU.S. West Texas Intermediate (WTI) crude futures rose 49 cents, or 1.2%, to $41.71 a barrel at 0010 GMT, while Brent crude futures were up ...
- Risk currencies ease, yen firms as investors brace for global downturnThe euro fetched $1.1029, easing slightly, while the dollar dipped 0.1% to 107.42 yen.
- Oil falls sharply as US bans travel from Europe over pandemicUS crude was down $1.13, or 3.4 per cent, at $31.85 after dropping 4 per cent in the previous session.
- Oil jumps as Saudi Arabia suggests OPEC+ to keep production cut planBrent crude futures were at $72.98 a barrel at 0009 GMT, up 77 cents, or 1.1 per cent
- Oil climbs on US-China trade deal hopes, OPEC's deepening supply cuts"OPEC exports are off by over 1.5 million barrels per day (bpd) since November," Barclays bank said in a note released on Sunday.
- Oil prices hit 2019 highs amid Opec-led supply cutsMost analysts expect US output to rise past 12 million bpd soon
- Oil nudges higher as OPEC reduces output"Prices supported by data showing further falls in output," ANZ Bank said in a research note.
- Gold dips to one-month low as dollar strengthensSpot gold fell 0.3 per cent to $1,205.86 per ounce at 0746 GMT.
- Euro firm as Italy worries ease; dollar holds upper hand on yenThe dollar traded at 109.83 yen, extending its recovery from a five-week low of 108.115 yen touched on Tuesday.
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