Oil calms after losses
Daily NewsOil steadied as a lackluster recovery in China overshadowed bullish outlooks from the International Energy Agency and upbeat U.S. data. U.S. crude traded around $...
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Oil steadied as a lackluster recovery in China overshadowed bullish outlooks from the International Energy Agency and upbeat U.S. data. U.S. crude traded around $...
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Asian markets were mixed as investors assessed economic data from the region and uncertainty over the U.S. debt ceiling. Asia-Pacific markets were mixed as invest...
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US House of Representatives Speaker McCarthy stated that an agreement on the debt limit is possible US House of Representatives Speaker Kevin McCarthy said, "It i...
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Sam Altman, CEO of OpenAI, the company that created ChatGPT, testified before the US Senate that he welcomes regulation of AI technology and that there is a reaso...
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Indian Foreign Minister Subrahmanyam Jaishankar said that according to EU Council regulations, Russian crude oil will not be subject to EU sanctions after being p...
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Fed Vice Chairman for Supervision Michael Barr said the agency will consider rule changes for large regional banks in the wake of bank failures and will require m...
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In a statement made by the United Nations, it was announced that they were at a sensitive point in the Black Sea Grain Initiative and that if the parties did not ...
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Fitch stated in its assessment of the elections, "The elections advancing to the second round are prolonging the uncertainty in the political and economic policie...
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The EBRD has lowered its growth forecast for Turkey this year from 3 percent to 2.5 percent. The European Bank for Reconstruction and Development (EBRD) has lower...
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Oil rose as the U.S. began searching for crude to fill its strategic reserves, but concerns about China’s economic recovery are growing. U.S. crude closed 1.5% hi...
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China’s industrial production accelerated to its highest level since September 2022 in April, but fell short of expectations. Industrial production in April rose ...
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Asia-Pacific markets were mixed as investors weighed key economic data from China, which missed estimates despite market expectations of a broader recovery. Retai...
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The US administration announced that it will purchase up to 3 million barrels of crude oil for its strategic petroleum reserve to be delivered in August. The US, ...
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US Treasury Secretary Janet Yellen reiterated her warning that the US could face a cash crunch by June 1 if the debt limit impasse is not resolved. US Treasury Se...
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The Fed has published the May 2023 issue of its Supervision and Regulation Report. The Fed noted in the report that recent bank failures revealed that the distrib...
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In a statement made by the United Nations, it was stated that Turkey was thanked for the efforts it made for the Black Sea Grain Initiative and that the food prod...
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The Central Bank of the Republic of Turkey has announced that it has changed the implementation instructions regarding securities facilities and decided that cash...
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Oil prices fell for a fourth day as concerns about the U.S. economy and China’s slower-than-expected recovery weighed on the outlook. U.S. crude fell below $70 a ...
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Asian stock markets were mixed after worries about the U.S. debt ceiling and two of the three major U.S. indexes posted second straight losses. Asia-Pacific marke...
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The People's Bank of China has kept the benchmark medium-term credit facility (MLF) interest rate unchanged. The People's Bank of China has kept the interest rate...
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SoftBank reported a loss of $7.2 billion in fiscal 2022. Thus, the company reported a loss for the second year in a row, and its loss decreased by 43 percent comp...
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