By Yuka Obayashi TOKYO (Reuters) - Oil prices steadied on Wednesday, after rising in the previous two sessions, as investors await the U.S. Federal Reserve's anticipated interest rate cut, with the potential for more violence in the Middle…
Investing.com-- Oil prices fell in Asian trade on Wednesday, cutting short a recent rebound as industry data showed an unexpected increase in U.S. inventories. But prices were sitting on strong gains over the past week as persistent…
By Sabrina Valle HOUSTON (Reuters) -Chevron CEO Michael Wirth on Tuesday criticized U.S. President Joe Biden's administration for what he described as "attacks on the natural gas” industry and emphasized the crucial role of Permian in…
CARACAS (Reuters) - Venezuela has arrested a fourth American citizen since the start of this month, the country's Interior Minister Diosdado Cabello said on Tuesday, without naming the person detained. The American was arrested after…
Today’s report could be critical, especially if it comes in weak, as the market is currently about the number of rate cuts expected tomorrow.
Currently, Fed Fund Futures show about a 70% chance of a cut, while swaps indicate a 50%…
By Shariq Khan NEW YORK (Reuters) -Oil prices rose by a dollar a barrel on Tuesday as supply disruptions mounted and traders bet that demand will grow if the U.S. Federal Reserve lowers borrowing costs this week, as is widely expected.…
EPAI don't think I have ever seen such undiluted joy at a party conference.The Liberal Democrat gathering in Brighton amounted to the party giving itself a four-day pat on the back.And little wonder: they were crushed to near!-->!-->…
By Timothy Gardner WASHINGTON (Reuters) - The Biden administration will seek up to 6 million barrels of oil for the Strategic Petroleum Reserve, a source familiar with issue said on Tuesday, a purchase that if completed will match its…
Getty ImagesInstagram is overhauling the way it works for teenagers, promising more "built-in protections" for young people and added controls and reassurance for parents.The new “teen accounts” are being introduced from Tuesday in the!-->…
Investing.com -- A shift in sentiment favoring a 50 basis point rate cut by the Federal Open Market Committee (FOMC) this week, rather than the expected 25 basis points (bps), could be bullish for in the short term, HSBC analysts said…