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-Asian shares reversed early gains, with investors in Chinese stocks unsettled by U.S. moves against 33 Chinese entities, with markets otherwise waiting for U.S inflation data that could influence how fast the Federal Reserve raises interest rates. Traders are alert for rate hikes in both the euro zone and the United States after the European […]

Oil was mixed on Monday morning in Asia, reversing some earlier losses. Expectations that global supply would remain tight continued as fuel demand increases and investors took little notice of the small steps forward in the U.S.-Iran nuclear talks. Brent oil futures were up 0.31% to $93.56 by 11:44 PM ET (4:44 AM GMT) and WTI futures edged down 0.17% […]

Oil slipped on Tuesday, staying close to a seven-year high, weighed by speculation OPEC+ could go further than expected to add supply at a meeting this week and expectations of a rise in U.S. inventories. While the Organization of the Petroleum Exporting Countries and allies, known as OPEC+, has been expected to maintain its policy […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]