By Divya Chowdhury MUMBAI (Reuters) - Market concerns about global growth may have been excessive this week as there is no evidence of an imminent U.S. recession, a co-founder of consultancy Energy Aspects said on Friday. "Overall, we do…
By Arathy Somasekhar HOUSTON (Reuters) -Oil prices ticked up on Friday and were on course for a weekly gain of more than 3% as positive economic data and signals from Fed policymakers that they could cut interest rates as early as…
By Mohi Narayan and Joyce Lee NEW DELHI/SEOUL (Reuters) - Petrochemical producers in Europe and Asia are in survival mode as years of capacity build-up in top market China and high energy costs in Europe have depressed margins for two…
A broad swath of assets have sold off on Monday, many have recoveredOn Friday, we said the unemployment data wasn’t worth panicking about… yet. It seems markets didn’t listen.A weekend selloff across many “unrelated” assets: …
Investing.com-- Oil prices edged higher Friday, on course for the first positive week in five as solid economic data in both the U.S. and China eased global demand concerns.At 07:55 ET (11:55 GMT), rose 0.6% to $76.65 a barrel, while…
A look at the day ahead in U.S. and global markets from Mike Dolan The first reality check on July's jarring U.S. employment report suggests rising recession fears were overstated, allowing stocks to claw back nearly all the week's…
By Alex Lawler, Dmitry Zhdannikov and Shariq Khan LONDON (Reuters) - Global oil demand growth needs to accelerate in coming months or the market will struggle to absorb an increase in oil supply that OPEC+ is planning to make from October,…
By Rajendra Jadhav and Ashitha Shivaprasad (Reuters) - Gold demand in India crept up this week due to a correction in prices, although volatility in the market prompted some buyers to postpone purchases, while premiums in China firmed on…
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By Mohi Narayan and Joyce Lee NEW DELHI (Reuters) - Petrochemical producers in Europe and Asia are in survival mode as years of capacity build-up in top market China and high energy costs in Europe have depressed margins for three…