expensive

Oil prices creep
Economy

Oil Prices Creep Higher As IEA Flags Chinese Demand Recovery

Oil prices rose slightly on Monday tracking optimistic comments on a recovery in Chinese demand from the International Energy Agency, although markets were still nursing steep weekly losses on fears of tighter U.S. monetary policy. International Energy Agency head Fatih Birol reiterated the agency’s call that China will push global crude demand to record highs […]

Related Posts
Asia FX Sinks as Caution Over Fed, CPI inflation, Boosts Dollar
ASIA FX

Most Asian currencies fell on Monday, while the dollar rose as markets hunkered down ahead of highly awaited signals on Read more

Asia FX Weakens On recession Wo Yen Supported By Yield Cap Bets
Asia FX Weakens

Most Asian currencies retreated on Thursday as weak U.S. economic data pushed up fears of a potential recession, while the Read more

Asia FX Rallies on China Reopening, Yuan at Over 4-Mth High
Asia FX

Most Asian currencies shot up on Monday, with the Chinese yuan hitting a four-month high after the country reopened its Read more

US discovers UK coronavirus variant in patient with no travel history
COVID-19 vaccine export may start in 2 weeks, says Serum Institute CEO Adar Poonawalla

By Administrator_India Capital Sands A 20-something man from Colorado is the first American known to be infected with a new Read more

Read More
Financial News
Stock Market

OIL SLIPS FROM 1-MONTH HIGH AS WEAK CHINESE DATA FUELS DEMAND FEARS

Oil fell on Monday as an unexpected contraction in China’s service sector fueled fears of slowing demand, although an OPEC supply cut and the prospect of more disruptions in Russia kept prices pinned near a one-month high London-traded Brent oil futures fell 0.7% to $97.73 a barrel, while U.S. West Texas Intermediate crude futures fell […]

Related Posts
ASIA FX MOVES LITTLE IN ANTICIPATION OF RED-HOT U.S. INFLATION
Financial News

Asian currencies kept to a tight range on Thursday as fears of a hawkish Federal Reserve grew ahead of key Read more

Mutual fund SIP inflows hit 31-month low at Rs 7,302 cr in November
Mutual fund SIP inflows hit 31-month low at Rs 7,302 cr in November

By Administrator_India Capital Sands Investment in mutual funds through systematic investment plans dropped to a 31-month low of Rs 7,302 crore in November amid Read more

Walgreens Cuts Stake in AmerisourceBergen Through $1 Billion Share Sale
Walgreens

Walgreens Boots Alliance has sold some AmerisourceBergen (NYSE:ABC) Corp's shares for proceeds of $1 billion, the U.S. drugstore chain said Read more

France’s Macron Discussed Twitter Content Rules in Meeting With Musk
Twitter content

Emmanuel Macron said he had a "clear and honest" discussion with Twitter owner Elon Musk about the social media platform's Read more

Read More
Financial News
Oil
Stock Market
World News

OIL HEADS FOR FOURTH STRAIGHT MONTHLY LOSS AS OPEC MEETING LOOMS

Oil prices rose slightly on Friday, but were set for a fourth straight month of losses amid growing concerns over weakening demand, with focus now turning to a potential supply cut by the OPEC next week. London-traded Brent oil futures, the global benchmark, were flat at $87.50 a barrel by 21:55 ET (01:55 GMT), while […]

Related Posts
OIL SLIPS FROM 1-MONTH HIGH AS WEAK CHINESE DATA FUELS DEMAND FEARS
Financial News

Oil fell on Monday as an unexpected contraction in China’s service sector fueled fears of slowing demand, although an OPEC Read more

Major Fire Hits Chilean Port, Codelco Operations Unaffected
Chile fires

A major fire broke out at Chile's Ventanas port near a refinery and smelter belonging to state-run miner Codelco, but Read more

Asia FX Muted, yen Supported By Bets on Eventual BoJ Pivot
Asia FX muted

Most Asian currencies moved little on Monday as fears of a potential recession and rising COVID-19 cases in China weighed Read more

Japan Foreign Reserves Fall For Third Month After Intervention
Foreign Reserves

Japan's foreign reserves extended declines in October, following the previous month's record drop, the Ministry of Finance said on Tuesday, Read more

Read More