The Securities and Exchange Commission launched an investigation by Exxon Mobil Corp after an employee filed a whistleblower complaint alleging that the energy giant had sold one of its most important oil …
Read More »Why oil will increase in 2021
We have seen strong moves in major crude oil benchmarks – WTI and Brent over the past several months. It began with the arrival of positive news on Kovid’s front that vaccines …
Read More »Impeachment helps remove chaos from impeachment
LONDON (Reuters) – Investors closed the second impeachment of US President Donald Trump’s record and focused instead on reports on Thursday that his replacement, Joe Biden, would later host a new US …
Read More »European similarities abound; US yields ease after pushback on Taper Talk
LONDON (Reuters) – European stocks rose and the dollar rose after a volatile start on Wednesday, while 10-year US Treasury yields fell from 10-month highs, against talk of Fed support by policymakers …
Read More »European similarities abound; US yields ease after pushback on Taper Talk
LONDON (Reuters) – European stocks rose and the dollar rose after a volatile start on Wednesday, while 10-year US Treasury yields fell from 10-month highs, against talk of Fed support by policymakers …
Read More »Asian equities achieve commodities recovery on economic recovery trade
By Stanley White, Chibuik Ough TOKYO / NEW YORK (Reuters) – Asian stocks rose on Wednesday, with hopes of tracking modest Wall Street gains, as a vaccine would eventually win the battle …
Read More »Stocks pause for breath as Bond Selloff
By Paulina Duran, Chibike Ogh SYDNEY / NEW YORK (Reuters) – Stocks breathed a sigh of relief on Tuesday, falling to record highs as political turmoil in Washington and rising cases of …
Read More »Oil falls on fresh lockdown, strong dollar
LONDON (Reuters) – Brent crude oil prices fell as high as $ 1 a barrel on Monday, expressing renewed concern about global fuel demand amid a tough coronavirus lockdown, as well as …
Read More »Global market – COVID-19 cases fall below record height to over 90 million
* Graphic: 2020 asset performance tmsnrt.rs/2yaDPgn * Graphic: World FX rates in 2020 tmsnrt.rs/2egbfVh LONDON, Jan 11 (Reuters) – World stocks slipped from record highs on Monday as cautiousness in rising coronovirus …
Read More »Oil prices fall to fresh concerns over coronovirus concerns as China climbs
SINGAPORE (Reuters) – Brent crude oil prices fell to $ 1 a barrel on Monday, due to new concerns about global fuel demand amid a tough coronavirus lockdown in Europe and new …
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