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Economic News
Barclays to adopt fresh curbs on oil and gas financing
By Simon Jessop and Sinead CruiseLONDON (Reuters) - Barclays, Britain's biggest lender…
Oil Poised for Weekly Gain on Heightened Middle East Tensions
(Bloomberg) -- Oil headed for a weekly advance after Prime Minister Benjamin…
Oil heads for weekly gains after Israel rejects ceasefire offer
By Florence TanSINGAPORE (Reuters) -Oil prices were little changed on Friday, staying…
Australia central bank warns on inflation, market pushes out rate cuts
SYDNEY (Reuters) - Australia's top central banker on Friday warned there was still some…
Palm oil buyers switch to cheaper rival oils, hampering price recovery
By Rajendra JadhavMUMBAI (Reuters) - The rebound in palm oil prices is likely to be…
Peru Extends Key Rate Cuts After Positive Inflation Surprise
(Bloomberg) -- Peru cut interest rates to the lowest level in a year and a half as…
The Oil Was From Iran. The Insurance Was From New York
(Bloomberg) -- Last June, a rusting tanker named Sincere 02 picked up oil at an Iranian…
US Plan to Refill Oil Reserve Hits Snag as It Shuns Some Light Crudes
(Bloomberg) -- The formidable task of refilling the world’s largest government oil…
US oil refiners beat Wall Street bets, expect demand to grow in 2024
By Laura Sanicola(Reuters) - Major U.S. fuelmakers beat Wall Street's earnings…
Inflation is nearly back to 2%. So why isn’t the Federal Reserve ready to cut rates?
WASHINGTON (AP) — From Wall Street traders to car dealers to home buyers, Americans are…