Tag: oil
European Stock Futures Lower; Eurozone CPI Data in Focus
European stock markets are expected to open slightly lower Tuesday, ahead of the release of key regional inflation data which could heighten concerns about...
European Stocks Higher; China’s COVID News, Spanish Inflation in Focus
European stock markets traded higher Monday, helped by gains in Asia as major Chinese cities begin to ease mobility restrictions even as elevated Spanish...
Equities rise, yields fall after data shows U.S. inflation may have peaked
By Elizabeth Dilts Marshall NEW YORK (Reuters) - World shares rose and the yield on benchmark U.S. Treasuries weakened on Friday after data showed that...
Dow Futures Rise 120 Pts; Nvidia Guidance Weighs on Tech Sector
U.S. stocks are seen opening marginally higher Thursday, with the tech-heavy Nasdaq underperforming after a disappointing update from influential chipmaker Nvidia. At 7 AM ET...
Wall St ends down with strong jobs data keeping the pressure on for rate hikes
By Sinéad Carew, Devik Jain and Anisha Sircar (Reuters) - Wall Street's three major stock indexes ended lower on Friday after a solid jobs report...
U.S. stocks lower at close of trade; Dow Jones Industrial Average down 1.05%
U.S. stocks were lower after the close on Friday, as losses in the Technology, Consumer Goods and Consumer Services sectors led shares lower. At the...
Dollar falls as investors reach for riskier currencies
By Saqib Iqbal Ahmed NEW YORK (Reuters) -The U.S. dollar fell across the board on Thursday, ceding ground gained in recent sessions as firmer risk...
Canadian dollar to strengthen as BoC moves ‘aggressively’ on rate hikes – Reuters poll
By Fergal Smith TORONTO (Reuters) - The Canadian dollar will gain ground over the coming year as high commodity prices bolster Canada's economic outlook and...
Senegal leader says Putin showed readiness to free up Ukrainian grain exports
By Mark Trevelyan LONDON (Reuters) -Senegal's President Macky Sall said Russia's Vladimir Putin had told him on Friday he was ready to enable the export...
What is windfall tax on oil companies?
Crude oil price is rising. As the burden on people's pocket is increasing, experts are suggesting one-time 'windfall tax' on companies that have profited from the price rise. What is 'windfall tax'?
OPEC+ to stick to oil rise plan despite EU sanctions -sources
DUBAI/LONDON, June 1 (Reuters) - OPEC+ is set to stick this week to its monthly modest oil output increases despite seeing tighter global markets,...
Ukraine war, pandemic set to speed Europe’s green energy transition, report finds
BRUSSELS, June 2 (Reuters) - Most European Union countries have boosted their renewable plans since 2020, putting them on course to cut fossil fuel...