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Oil rises 3% after Iran strikes Middle East energy facilitiesMiddle East energy facilities faced Iranian attacks, escalating regional tensions and pushing oil prices up significantly. Brent crude surg...- Oil holds soft tone on oversupply concerns, markets await FedThe market stumbled in overnight trade as firmer-than-expected U.S. inflation readings for November bolstered the view the Federal Reserve ...
- Oil climbs as Mideast tension back in focusBrent crude futures climbed 28 cents, or 0.4%, to USD 79.16 a barrel by 0018 GMT, while U.S. West Texas Intermediate crude futures were at ...
- Oil dips as caution about data-heavy week offsets Mid-East war boostBrent crude futures dropped 98 cents, or 1.1%, to $89.50 a barrel by 0001 GMT while U.S. West Texas Intermediate crude was at $84.54 a barr...
- Oil inches higher on supply concerns, China demand recoveryGlobal oil demand growth, on the other hand, is on track to hit 2.1 million bpd, they added, in line with forecasts from the International ...
- Oil rises as China moves to support economy, tropical storm in focusThe focus today is on "China actions to support its economy, Tropical Storm Idalia heading for Florida and whether Brent can regain momentu...
- Dollar stands tall as US economic resilience trumps fiscal uncertaintyThe Japanese currency has come under pressure this week even as the Bank of Japan on Friday loosened its grip on interest rates. Policymake...
- Oil prices inch up as recession fears begin to fadeOil prices have gone up slightly in Asia, with concerns about a US recession – which caused prices to plummet for three consecutive weeks –...
- Bitcoin pushes past $30,000 as investors eye end of rate risesBitcoin peaked at $30,438 in Asian trade and was last 2% higher at $30,262. It has gained about 6% since the start of the month, after risi...
- Oil edges up on historic Swiss banks deal, central banks supportThe Swiss bank deal and central banks' measures to inject liquidity into the markets are restoring market confidence, leading to a relief r...
- Oil extends declines on rate hike concernsTraders were also awaiting crude inventory data from the U.S. Energy Information Administration later on Wednesday, after the API data show...
- Brent oil lower amid stronger dollar, caution ahead of Fed minutesWith China's oil imports likely to hit a record high in 2023 and demand from India, the world's third-biggest oil importer, surging amid ti...
- Oil prices little changed, nurse last week's losses on improved suppliesIn Asia, investors are eyeing the People's Bank of China's decision on its mortgage rates to support recovery in the property sector and it...
- Oil climbs on optimism over China's demand recoveryBrent and WTI rose more than 3% last week as a Canada to U.S. pipeline remained shut with its operator TC Energy Corp focused on cleaning u...
- Oil prices hit 10-month low on OPEC+ production boost reportThe Organization of the Petroleum Exporting Countries (OPEC) and its allies, together known as OPEC+, recently cut production targets and d...
- Oil falls as geopolitical tensions ease, China COVID concerns return"Crude oil fell after NATO cleared Russia's missile attack on Poland, while demand concerns (are) back to trader's focus amid ongoing China...
- Oil slips as dollar firms, but supply worries check lossesThe benchmarks settled up more than $1 on Wednesday, aided by another drop in U.S. oil inventories, even as the Fed boosted interest rates ...
- Oil prices inch higher ahead of OPEC+ meeting to discuss supply cutsOPEC+ has boosted output this year after record cuts put in place in 2020 due to demand destruction caused by the COVID-19 pandemic. But in...
- Oil prices nudge up after API data shows surprise drop in US stocksOil prices nudged up on Wednesday following two sessions of losses after industry data showed an unexpected drop in U.S. crude and fuel sto...
- Android set to overtake iPhonePhones running Google's Android operating system are selling at the rate of 200,000 a day.
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