Investing.com-- Oil prices fell sharply Thursday as concerns about demand growth grew, overshadowing healthy U.S. growth data.At 08:40 ET (12:40 GMT), expiring in September fell 1.1% to $80.81 a barrel, while fell 1.3% to $76.60 a…
Yesterday was a rough day for risk assets all around. We are currently witnessing the unwinding of the global carry trade in the . This development has significantly impacted volatility dispersion traders and reactivated CTA sellers.…
By Stefanie Eschenbacher MEXICO CITY (Reuters) - Mexico's incoming President Claudia Sheinbaum will likely face a new challenge fulfilling the dream of energy independence that led her predecessor to spend $17 billion on a new refinery: a…
(Reuters) -A wildfire reached the Canadian town of Jasper, Alberta on Wednesday, one of hundreds ravaging the western provinces of Alberta and British Columbia, as firefighters battled to save key facilities such as the Trans Mountain…
Investing.com-- Gold prices fell in Asian trade on Thursday, seeing little safe haven demand despite increasing risk-off sentiment as traders rode a sharp appreciation in the Japanese yen. A rout in broader commodity markets also…
The continued to weaken against the and this morning, but it has gained against other major currencies.
The euro, in particular the pair, has been hit hard falling for a second consecutive day following disappointing eurozone PMI…
By Timothy Gardner WASHINGTON (Reuters) - Democratic U.S. lawmakers on Wednesday introduced a bill to hold energy companies accountable if they are found by federal regulators to have colluded with the Organization of the Petroleum…
Investing.com-- Oil prices settled higher Wednesday, recovering from a recent wobble as traders weighed a larger-than-expected dip in inventories against a softer global demand outlook.At 14:30 ET (18:30 GMT), rose 0.9% to…
By Arathy Somasekhar HOUSTON (Reuters) -Oil prices settled higher on Wednesday, supported by large declines in and fuel stocks, but hovered close to their lowest level in six weeks due to concerns over weak global demand. Prices snapped…