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WTI edges higher to near $78.50 due to drawdown in US inventories, Canada wildfires
The Forex Market· 1 day agoWest Texas Intermediate (WTI) crude Oil price retraces its recent losses, trading around $78.30 per...
Putin Visits Xi as US Threatens China Sanctions Over Ties
Bloomberg via Yahoo Finance· 2 days ago(Bloomberg) -- Russian President Vladimir Putin is heading to China for the first foreign visit of...
Gas price increases accelerate in April as overall inflation pressures ease
Yahoo Finance via AOL· 1 day agoAnalysts anticipate OPEC+ will extend its production cuts past June. The oil alliance is expected to...
News Highlights: Top Global Markets News of the Day - Tuesday at 11 AM ET
Morningstar· 2 days agoFed Chair Jerome Powell Maintains Wait-and-See Posture on Inflation and Rates The Fed chief said he expected inflation to continue heading lower but that he was less confident than he had previously been about that outlook. Wholesale inflation
The U.S. is refilling the Strategic Petroleum Reserves. What purpose can they serve?
WAMC Northeast Public Radio· 4 days agoJoe Weisenthal is executive editor of news for Bloomberg Digital, and he sees a shift in the SPR's purpose. JOE WEISENTHAL: Thank you so much for having me. The Biden administration ...
News Highlights: Top Global Markets News of the Day - Tuesday at 3 PM ET
Morningstar· 2 days agoFed Chair Jerome Powell Maintains Wait-and-See Posture on Inflation and Rates The Fed chief said he expected inflation to continue heading lower but that he was less confident than he had previously been about that outlook. Wholesale inflation
Scandi inflation expectations on today's menu
The Forex Market· 10 hours agoIn the US, April industrial production data is due for release. In the euro area, industrial production data for March and employment growth for Q1 are...
Merger Mayhem: FTC's Oil Sector Crackdown Puts These 3 Pending Deals at Risk
InvestorPlace· 2 days agoExxonMobil (NYSE:XOM) recently completed its $60 billion acquisition of Pioneer Natural Resources....
News Highlights: Top Global Markets News of the Day - Tuesday at 1 PM ET
Morningstar· 2 days agoFed Chair Jerome Powell Maintains Wait-and-See Posture on Inflation and Rates The Fed chief said he expected inflation to continue heading lower but that he was less confident than he had previously been about that outlook. Wholesale inflation
Oil prices settle up on demand optimism, US inflation in focus
Reuters via Yahoo Finance· 4 days agoNEW YORK (Reuters) -Oil prices rose on Monday, as signs of improving demand in the U.S. and China,...