Asian shares and U.S. futures fell sharply on Tuesday, with investors nervous about the potential for military conflict in Ukraine and ahead of a key Federal Reserve meeting that could offer hints about the timing and pace of rate hikes. Benchmarks slid, with most extending losses in afternoon trade. MSCI’s broadest index of Asia-Pacific shares […]
Monthly Archives: January 2022
24
Jan
Jan
Oil prices rose on Monday on worries about supply disruption amid rising tensions in Eastern Europe and the Middle East, which could make an already tight market even tighter, while OPEC and its allies continued to struggle to raise output. Brent crude futures rose 81 cents, or 0.9%, to $88.70 a barrel by 0344 GMT, reversing […]
22
Jan
Jan
Spanish energy firm Repsol said on Friday a clear-up operation for a major oil spill on the coast near Peru’s capital Lima would take until the end of February, in an environmental incident declared a ‘catastrophe’ by the government. Dead seals, fish and birds have washed up on the shore covered in oil, while fishing […]
20
Jan
Jan
The dollar edged lower on Thursday as this week’s rally in U.S. Treasury yields paused, and currencies such as the Canadian and Australian dollars were boosted by high commodity prices and continued optimism about future global economic growth. The Aussie firmed 0.3%, extending advances from the previous day, and the Canadian dollar was heading back towards its […]
19
Jan
Jan
Asia’s share markets fell on Wednesday as U.S. Treasury yields hit fresh two-year highs and a global technology stock sell-off unsettled investors worrying about inflation and bracing for tighter U.S. monetary policy. Oil prices hit their highest since 2014 amid an outage on a pipeline from Iraq to Turkey and global political tensions, stoking fears […]
19
Jan
Jan
Oil prices rose for a fourth day on Wednesday as an outage on a pipeline from Iraq to Turkey increased concerns about an already tight supply outlook amid worrisome geopolitical troubles in Russia and the United Arab Emirates. Brent crude futures rose 87 cents, or 1%, to $88.38 a barrel at 0543 GMT, adding to a […]
Oil prices were steady on Monday, as investor bets that global supply will remain tight amid restraint by major producers were offset by a rise in Libyan output. Brent crude was down 4 cents, or 0.1%, to $86.02 a barrel by 0953 GMT. Earlier in the session, the contract touched its highest since Oct. 3, 2018 […]
15
Jan
Jan
Crude oil futures rallied today to cap a fourth straight weekly gain, with rising tensions between Russia and Ukraine heightening the potential for a disruption to global crude supplies, while traders grow more optimistic over energy demand prospects. February WTI crude (CL1:COM) closed +2.1% to settle at $83.82/bbl, surging 6.2% for the week and within 1% of a multiyear high, as […]
12
Jan
Jan
Oil prices steadied on Wednesday, following steep gains in the previous session after the U.S. Federal Reserve chief signalled the central bank may raise rates more slowly than expected, which should help support oil demand. Brent and U.S. crude oil are trading at their highest levels since the highly contagious COVID-19 Omicron emerged in late November, as […]
- 1
- 2