Oil recovers on US crude storage draw, rise in China imports
By Paul Carsten and Deep Kaushik VakilLONDON (Reuters) - Oil prices rose on Thursday as falling inventories and higher Chinese imports…
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Analysis-Bear market for diesel spells fresh troubles for oil
By Ahmad Ghaddar, Trixie Yap and Shariq KhanLONDON/SINGAPORE/NEW YORK (Reuters) - Profit margins for diesel are slumping as new refineries…
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Defecting MP: Tories under Sunak broken many promises
Natalie Elphicke said Rishi Sunak was not stopping the boats and was "letting the country down".Speaking after her defection from the…
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Goldman Sachs analysts: OPEC likely to extend cuts in June
Goldman Sachs analysts said Thursday they no longer expect OPEC+ to partially reverse recent voluntary production cuts in June.Instead, the…
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Shell’s Singapore refinery sale and its market significance
By Trixie YapSINGAPORE (Reuters) - Oil giant Shell (LON:) said on Wednesday that it has agreed to sell its Bukom refinery in Singapore -…
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Elon Musk visits China as Tesla seeks self-driving technology rollout
AutomotiveTechnology28 April 2024, 7:43 pm 1 minute
Reuters exclusively reported that…
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Gold prices tread water as dollar firms before Fed, inflation cues
Investing.com-- Gold prices moved little in Asian trade, hovering well below recent record highs as investors remained largely biased…
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China April crude oil imports rise 5.45% on previous year
BEIJING (Reuters) -China's imports rose on the previous year in April, as refiners prepared for a fully recovered Labour Day holiday travel…
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‘Fed Put’ Back on the Table: What That Means for the Market
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…
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Will Housing Inflation Keep Interest Rates Higher for Longer?
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…
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