Investing.com-- Oil prices settled lower Wednesday, adding to bruising losses over the past week as the prospect of a less severe escalation in the Middle East and weak demand weighed.At 14:30 ET (18:30 GMT), fell 0.04% to $74.22 a…
By Scott DiSavino NEW YORK (Reuters) -Oil prices held near a two-week low on Wednesday after dropping about 7% over the prior three days on forecasts for less oil demand growth and reduced concerns that Middle East conflicts will disrupt…
Investing.com-- Gold prices steadied close to record highs in Asian trade on Wednesday, recouping some recent losses as traders maintained bets that the Federal Reserve will cut interest rates further. The yellow metal had hit record…
By Jeslyn Lerh SINGAPORE (Reuters) -Oil prices inched higher in early trade on Wednesday on uncertainty over what may happen next in the Middle East conflict, after demand concerns knocked the market to its lowest since early October in…
Investing.com-- Oil prices rose slightly in Asian trade on Wednesday, steadying after logging bruising losses over the past week as the prospect of a less severe escalation in the Middle East and weak demand weighed.Prices plummeted more…
By Mariela Nava and Mircely Guanipa MARACAIBO (Reuters) -At least 21 people including workers, neighbors and firefighters were injured on Tuesday in a fire at a crude storage tank in Venezuela's La Salina oil terminal, operated by state…
Fears of a US recession in the near term have faded recently, but rate cuts are still on the agenda. The combination of a robust economy and expectations for monetary easing strike some observers as misguided, but Federal Reserve…
On Monday, the Committee on Budgets approved Belgium’s request for €2.7 million in EU aid through the European Globalisation Adjustment Fund for Displaced Workers (EGF). The aid will support 365 former Match-Smatch employees, who lost…
HOUSTON (Reuters) -Oil prices tumbled more than 4% to a near two-week low on Tuesday due to a weaker demand outlook and after a media report said Israel would not strike Iranian nuclear and oil sites, easing fears of a supply disruption.…
HOUSTON (Reuters) - ConocoPhillips (NYSE:) has filed a court motion to preserve the U.S. oil producer's almost top priority among Citgo Petroleum creditors to cash proceeds from an auction of shares in the parent of the Venezuela-owned…