By Paul Carsten and Deep Kaushik VakilLONDON (Reuters) - Oil prices rose on Thursday as falling inventories and higher Chinese imports supported expectations for demand growth in the world's two largest crude-consuming nations. futures for…
By Ahmad Ghaddar, Trixie Yap and Shariq KhanLONDON/SINGAPORE/NEW YORK (Reuters) - Profit margins for diesel are slumping as new refineries boost supplies and as mild weather in the northern hemisphere and slow economic activity eat into…
Natalie Elphicke said Rishi Sunak was not stopping the boats and was "letting the country down".Speaking after her defection from the Conservatives to Labour, she said her new party had changed under Sir Keir Starmer.She was asked about…
Goldman Sachs analysts said Thursday they no longer expect OPEC+ to partially reverse recent voluntary production cuts in June.Instead, the Wall Street giant now predicts that Saudi Arabia's supply will remain steady at 9 million barrels…
By Trixie YapSINGAPORE (Reuters) - Oil giant Shell (LON:) said on Wednesday that it has agreed to sell its Bukom refinery in Singapore - one of the world's largest oil refining and trading centres - to a joint venture of Indonesian…
AutomotiveTechnology28 April 2024, 7:43 pm 1 minute
Reuters exclusively reported that Tesla CEO Elon Musk was on a flight heading to Beijing on Sunday to kick off a surprise trip in the…
Investing.com-- Gold prices moved little in Asian trade, hovering well below recent record highs as investors remained largely biased towards the dollar before more cues on the Federal Reserve and inflation. The yellow metal saw…
BEIJING (Reuters) -China's imports rose on the previous year in April, as refiners prepared for a fully recovered Labour Day holiday travel season, official data showed on Thursday.Crude imports in April totalled 44.72 million metric tons,…
Last week was big for macro and markets.Today’s piece is going to cover:The Fed’s dovish announcement: a sizeable tapering of their Quantitative Tightening program;A potential upcoming shift in market dynamics: for the first time in a…
Housing is among the most interest-rate sensitive sectors of the economy. It’s also one of the most cyclical and crucial inputs for the business cycle. On that basis, one could reasonably expect that the sharp runup in interest rates…