Oil gains more than $3/bbl after Suez Canal ship grounding

[ad_1] Tugs work to free giant container ship stranded in Suez Canal U.S. crude, fuel stocks rise in most recent week -EIA Germany’s Merkel drops plan for stricter Easter shutdown…

Stocks slide on ‘fragile’ mood; oil surges after steep loss

[ad_1] NEW YORK, March 24 (Reuters) – Global equities dipped and the dollar hovered near four-month highs on Wednesday as concerns about extended economic lockdowns in Europe and the potential…

Stocks gain as earnings provide some optimism; 10-yr yield climbs

[ad_1] All three major U.S. stock indexes end higher Oil, gold futures rise Dollar stumbles NEW YORK, Oct 19 (Reuters) – Stock indexes around the world jumped on Tuesday as…

Stocks meander as US jobs dry up, kiwi jumps on RBNZ surprise

[ad_1] Wall Street snaps winning streak as data turns weak Bonds surge and futures price in more Fed cuts this year RBNZ hikes 50bps against expectations for 25; kiwi up…

Asian stock markets jittery as China woes sap confidence

[ad_1] HONG KONG, Sept 24 (Reuters) – Asian shares were on edge on Friday hurt by persistent uncertainty around the fate of debt-ridden China Evergrande, even as more risk appetite…

Oil steady as markets weigh OPEC+ surprise cuts amid demand woes

[ad_1] HOUSTON, April 4 (Reuters) – Oil prices were little changed in choppy trading on Tuesday as investors weighed OPEC+ plans to cut more production against weak economic data from…

CERAWEEK Pioneer CEO sees ‘very little growth’ in U.S. oil production

[ad_1] NEW YORK, March 2 (Reuters) – U.S. oil production will likely see “very little growth” in the future after remaining largely flat in 2021 at around 11 million barrels…

Reaction: OPEC output cuts to roil markets

[ad_1] April 2 (Reuters) – A surprise production cut by Saudi Arabia and other Middle East producers has caught the energy industry flat-footed and will lift global prices with little…

Oil down with market uncertain over US inflation, employment data

[ad_1] BEIJING, March 31 (Reuters) – Oil prices ticked down in Asian trade on Friday as bullish sentiment about Chinese demand and potential Middle Eastern supply disruptions was tempered by…

Shell puts a stop to Singapore biofuels, base oil projects

[ad_1] SINGAPORE, March 30 (Reuters) – Shell has decided not to go ahead with two projects it was studying to produce biofuels and base oils in Singapore, a company spokesperson…