Oil jumps 5% as Caspian pipeline disruption adds to supply fears

A worker holds a nozzle to pump petrol into a vehicle at a fuel station in Mumbai, India, May 21, 2018. REUTERS/Francis Mascarenhas Register now for FREE unlimited access to Reuters.com Register Caspian crude pipeline accounts for over 1% of world demand US crude stockpiles fall, output flat for 7th week in a row Biden … Read more

Stocks steady after Fed hike, BoE’s turn next

A man wearing a protective mask, amid the coronavirus disease (COVID-19) outbreak, walks past an electronic board displaying various countries’ stock indexes including Russian Trading System (RTS) Index which is empty, outside a brokerage in Tokyo, Japan, March 10, 2022. REUTERS/Kim Kyung-Hoon Register now for FREE unlimited access to Reuters.com Register LONDON/TOKYO, March 17 (Reuters) … Read more

China share surge boosts Asian equity gauges ahead of Fed

A broker reacts while trading at his computer terminal at a stock brokerage firm in Mumbai, India, February 26, 2016. REUTERS/Shailesh Andrade Register now for FREE unlimited access to Reuters.com Register MSCI Asia ex-Japan up more than 3%, Nikkei +1.7% China Vice Premier comments trigger jump in Chinese shares US Treasury yields down from June … Read more

Oil set for weekly loss as supply remedies emerge

A general view shows a local oil refinery behind residential buildings in Omsk, Russia February 10, 2021. REUTERS/Alexey Malgavko Register now for FREE unlimited access to Reuters.com Register Market grappling with determining supply shortages from Russia Brent benchmark see-sawed in wide trading range this week OPEC nations stick to alliance with Russia LONDON, March 11 … Read more

Oil jittery as market weighs OPEC filling Russia supply gap

Industrial facilities of PCK Raffinerie oil refinery are pictured in Schwedt/Oder, Germany, March 8, 2022. The company receives crude oil from Russia via the ‘Friendship’ pipeline. REUTERS/Hannibal Hanschke Register now for FREE unlimited access to Reuters.com Register Brent, WTI trade in $4 to $5 ranges UAE officials give differing views on output plans US crude … Read more

U.S. job growth surge underscores economy’s strength as headwinds rise

Nonfarm payrolls increased 678,000 in February Unemployment rate falls to 3.8% from 4.0% Average hourly flat earnings; up 5.1% year-on-year Average workweek rises to 34.7 hours WASHINGTON, March 4 (Reuters) – US job growth accelerated in February, pushing the unemployment rate to a two-year low of 3.8% and raising optimism that the economy could withstand … Read more

Russian rouble up from new lows, ratings downgrades weigh

Russian Rouble and US Dollar banknotes are seen in this illustration taken, February 24, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Register now for FREE unlimited access to Reuters.com Register MOSCOW, March 3 (Reuters) – The rouble pared some losses after slumping to new record lows against the dollar and euro on Thursday as Fitch and Moody’s downgraded … Read more

Oil soars as Russian energy supply fears intensify

Models of oil barrels and a pump jack are displayed in front of Ukrainian and Russian flag colors in this illustration taken, February 24, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register Russia faces disruptions to oil exports without SWIFT OPEC+ revises down 2022 market surplus estimate Goldman Sachs raised one-month … Read more

Russia sanctions ripple across world markets, rouble tanks

Oak slides to record low, Russian cbank hikes rates European stocks down, US stock futures in red Oil up 5%, euro down sharply vs dollar LONDON, Feb 28 (Reuters) – World stocks slid, oil prices jumped and the rouble tanked to fresh record lows on Monday, as the West ramped up sanctions against Russia for … Read more

Wall Street Week Ahead: Some investors wary of ‘buying the dip’ as Ukraine, Fed gyrate stocks

Raindrops hang on a sign for Wall Street outside the New York Stock Exchange in Manhattan in New York City, New York, US, October 26, 2020. REUTERS/Mike Segar Register now for FREE unlimited access to Reuters.com Register NEW YORK, Feb 25 (Reuters) – US stocks are drawing buyers after a recent tumble, but some investors … Read more