By Shadia Nasralla LONDON (Reuters) – Oil prices fell on Thursday, pulled down by record U.S. crude production that led to a surge in inventories. Brent crude oil futures were at $71.57 per barrel at 0837 GMT, 61 cents below their last close. Brent is set for a weekly loss, which would break its longest […]
By Saikat Chatterjee LONDON (Reuters) – The dollar recovered on Thursday after suffering some brief losses overnight with traders focusing on relatively confident comments from Fed Chair Jerome Powell on the economy’s outlook. The greenback took a beating after a surprisingly sharp retreat in the ISM index of manufacturing to 52.8 and downgrades of the […]
