By Christopher Johnson LONDON (Reuters) – Oil prices steadied on Friday as U.S. sanctions on Tehran squeezed Iranian crude exports, tightening supply even as other key exporters increased production. Global crude oil benchmark Brent (LCOc1) was up 20 cents at $81.92 a barrel by 0820 GMT. The contract hit a four-year high of $82.55 this […]
By Shinichi Saoshiro TOKYO (Reuters) – The dollar was in fine fettle against its peers on Friday, advancing to a nine-month high versus the yen, after data reinforced upbeat views about the U.S. economy and backed the Federal Reserve’s signal for a steady course of rate increases over the next year. U.S. gross domestic product […]
هبط الذهب إلى أدنى مستوى في ستة أسابيع يوم الجمعة مع ارتفاع الدولار بعد بيانات اقتصادية أمريكية دعمت نية مجلس الاحتياطي الاتحادي (البنك المركزي الأمريكي) رفع أسعار الفائدة بشكل مطرد. وضع ذلك المعدن الأصفر على مسار أطول موجة خسائر شهرية منذ يناير كانون الثاني 1997. وانخفض الذهب نحو 1.6 في المئة خلال سبتمبر أيلول في […]
By Henning Gloystein SINGAPORE (Reuters) – Oil prices on Tuesday were within reach of four-year highs hit in the previous session, as looming U.S. sanctions against Iran and unwillingness by the Organization of the Petroleum Exporting Countries (OPEC) to raise output supported the market. Brent crude futures (LCOc1) were at $81.45 per barrel at 0421 […]
ISTANBUL (Reuters) – Turkey’s lira weakened against the dollar on Monday as investors weighed up the impact of last week’s massive rate hike and turned their attention to this week’s announcement of the government’s medium-term economic plan. At 0555 GMT, the lira stood at 6.19 against the U.S. currency, weakening from a close of 6.1725 […]
By Henning Gloystein SINGAPORE (Reuters) – Oil prices dipped on Thursday as emerging market turbulence weighed on sentiment, while a deadline neared for a potential new round of U.S. tariffs on another $200 billion of Chinese goods. U.S. sanctions against Iran, however, prevented prices from falling further as they are expected to tighten the market […]
By Wendell Roelf CAPE TOWN (Reuters) – OPEC Secretary-General Mohammad Barkindo said on Wednesday that world oil consumption would hit 100 million barrels per day later this year, “much sooner” than earlier projected. The Organization of the Petroleum Exporting Countries and other producers led by Russia last year began withholding 1.8 million barrels per day […]
DUBAI (Reuters) – Iran rial extended its slide on Wednesday, hitting a record low around 150,000 against the dollar, according to foreign-exchange websites, as the country’s economic fortunes ebb after the United States re-imposed sanctions. The dollar was being offered for 150,000 rials, compared with about 138,000 rials on Tuesday, according to website Bonbast.com, which […]
MOSCOW (Reuters) – The ruble hit its weakest level in two weeks on Wednesday, tracing moves in other emerging-market currencies that came under pressure from investors’ fears over global trade tensions. At 0746 GMT, the ruble was 0.5 percent weaker against the dollar at 68.44 after briefly touching 68.59, a level last seen on Aug. […]
By Saikat Chatterjee LONDON (Reuters) – The dollar consolidated near a one-week high against a basket of rivals on Monday as tensions around global trade negotiations fueled demand for the greenback, though concerns about capital flows checked gains. U.S. President Donald Trump said on Saturday there was no need to keep Canada in the North […]
