Oil slumps 4% as Shanghai lockdowns stoke demand fears

Pump jacks operate at sunset in Midland, Texas US February 11, 2019. Picture taken February 11, 2019. REUTERS/Nick Oxford/File Photo Register now for FREE unlimited access to Reuters.com Register Shanghai COVID lockdowns drag into fourth week EU considers ‘smart sanctions’ on Russian oil -media US dollar hits two-year high on potential interest rate rise NEW … Read more

Gold marks weekly dip on looming rate hikes, dollar rally

Spot gold hits two-week trough Silver on track for biggest weekly drop since late January April 22 (Reuters) – Gold fell 1% on Friday and was set for its biggest weekly decline since mid-March as signs of faster policy tightening by the Federal Reserve lifted Treasury yields and the dollar. Spot gold was down 0.9% … Read more

Russia’s Nabiullina flags further rate cut, return to inflation target in 2024

Elvira Nabiullina, Governor of Russia’s Central Bank, speaks during an interview in Moscow, Russia, June 27, 2019. REUTERS/Evgenia Novozhenina//File Photo Register now for FREE unlimited access to Reuters.com Register April 18 (Reuters) – Russian Central Bank Governor Elvira Nabiullina on Monday flagged a further cut in interest rates and said it would take two years … Read more

Oil prices rise on supply concerns as Ukraine crisis deepens

The chimneys of the Total Grandpuits oil refinery are seen just after sunset, southeast of Paris, France, March 1, 2021. REUTERS/Christian Hartmann Register now for FREE unlimited access to Reuters.com Register Brent futures up 1.3% at 0030 GMT, WTI gains 0.9& Libya halts operations at El Feel oilfield due to protests US oil drilling, output … Read more

Oil rises on news EU may phase in a ban on Russian oil imports

Workers walk as oil pumps are seen in the background in the Uzen oil and gas field in the Mangistau Region of Kazakhstan November 13, 2021. REUTERS/Pavel Mikheyev Register now for FREE unlimited access to Reuters.com Register HOUSTON, April 14 – Oil prices settled higher on Thursday after an early decline as investors covered short … Read more

Global shares pause on inflation view; oil steady on Ukraine

A broker looks at financial information on computer screens on the IG Index the trading floor in London, Britain February 6, 2018. REUTERS/Simon Dawson Register now for FREE unlimited access to Reuters.com Register MSCI World Index flat; Asia ex-Japan index up 0.6% Oil slips back on weak China, Japan data UK inflation hits 30-year peak; … Read more

Ruble falls as Russia relaxes capital controls; Rosbank shares jump 40%

A view shows Russian ruble coins in this illustration picture taken March 25, 2021. REUTERS/Maxim Shemetov/Illustration/File Photo Register now for FREE unlimited access to Reuters.com Register April 11 (Reuters) – The ruble weakened sharply on Monday, reversing some of the previous week’s gains, after Russia relaxed temporary capital control measures aimed at limiting a drop … Read more