By Nicole Jao NEW YORK (Reuters) -Oil futures prices settled slightly lower on Friday as investors weighed weaker U.S. consumer sentiment against mounting hopes for a Federal Reserve rate cut in September. futures settled 37 cents lower…
By Arathy Somasekhar HOUSTON (Reuters) -Nearly a million homes and businesses in Texas remained without power on Friday, five days after Hurricane Beryl made landfall with fierce winds and rain that knocked down trees and electricity…
Investing.com-- Oil prices settled lower Friday as traders weighed up rising summer demand and data showing Chinese crude imports shrank in June.
At 14:30 ET (18:30 GMT), fell 0.5% to $82.21 a barrel, while fell 0.4% to $85.03…
By Heather Schlitz (Reuters) - The U.S. Department of Agriculture raised its estimate for corn production and cut the soybean production forecast on Friday, adjusting its estimates in line with the amount of acres planted with each crop.…
Gold has shown stronger support than anticipated over the summer, with prices rebounding above $2400 following softer-than-expected US inflation data, according to UBS.
The investment bank notes the precious metal has broadly traded within…
(Reuters) - Top U.S. independent oil producer ConocoPhillips (NYSE:) said on Friday it received a second request from the U.S. Federal Trade Commission for information on its proposed acquisition of rival Marathon Oil (NYSE:).…
Investing.com-- Bitcoin price slid on Friday, reversing a recent rebound as traders remained largely on edge over selling pressure from distributions by defunct exchange Mt Gox, as well as capitulation pressure on major miners.The token…
By Ahmad Ghaddar and Alex Lawler LONDON (Reuters) - has been trading in a tight range of $75-$90 a barrel since late 2022 as OPEC+ cuts keep a floor under prices while sizeable spare capacity, demand uncertainty and sanctions policy…
(Reuters) - A look at the day ahead in U.S. and global markets from Mike Dolan A violent rotation from Big Tech into small cap stocks followed the surprisingly benign June U.S. inflation report, while U.S. borrowing rates and the dollar…