Oil prices fell for a second day on Wednesday on fears that rising US coronavirus cases and inflation could lead to the US Federal Reserve raising interest rates, which could restrict economic growth. Brent crude futures fell 57 cents, or 0.8%, to $ 68.14 a barrel at 0642 GMT. It was down 1.1% on Tuesday…
A major U.S. power outage occurred on Monday after the pipeline network was restored. Oil prices have risen sharply, however, new regulations in Asia have raised sentiment amid rising COVID-19 cases. Brent crude futures rose 3 paise to $ 68.74 a dollar in early trade at $ 68.74 a dollar, while West Texas Intermediate (WTI)…
Gold in Asia high to a three-month high on Monday morning, researchers said. The dollar, which normally moves against gold, rose to a 10-year low of Rs. Treasury yields fell further from a one-month high in the previous week. Industrial production growth slowed to 9.8% year-on-year in April, according to Chinese data released the previous…
The U.S. Open for Asia on Thursday morning in April. Consumer prices were higher, raising concerns about higher inflation. Gold futures down by 0.34% to $1,816.65 The U.S. The 10-year Treasury yield rose to its highest level in more than a month, with strong demand at an auction of 10-year notes. The U.S. for April…
U.S. Oil prices rose on Wednesday after the fall in crude oil prices strengthened OPEC’s strong demand outlook, while the market expected new updates on the collapse of the colonial pipeline. U.S. West Texas Intermediate (WTI) crude futures rose 29 cents, or 0.44%, to $ 65.57 a barrel at 0646 GMT, up 36 percent on…
The U.S. The benchmark 10-year Treasury yield and the dollar were lower in the U.S. at the end of the week. Gold fell in Asia on Tuesday morning, shortly before inflation data. Gold futures were down 0.04% at 8,836.85 Until high inflation, wage increases, and strong employment rates create an average of 1 million jobs,…
Gold rose in Asia on Monday morning, nearing a three-month high. The disappointing U.S. report was released on Friday. Investors are now betting that interest rates will be lower for a while due to the monthly work report. Gold futures were up 0.06% at 8,832.35 The U.S. It released its April employment report on Friday,…
The U.S. warns of possible interest rate hike Gold fell in Asia on Wednesday morning as investors digested Treasury Secretary Janet Yellen’s comments. Gold futures were down 0.60% at $ 1,781.10. The U.S., which usually moves in the opposite direction to gold. The dollar index was up until Wednesday. U.S. Yellen said Tuesday that an…
Crude oil barrel confidence rose to $ 67.Countries that are coming back with strong demand are included.The United States and China are concerned about a rise in the coronavirus. India cases and many OPEC + oil distributors. A new wave of the virus already led to the fall.The world’s third-largest consumer fuel sales in April….
Oil prices fell on Wednesday, turning a profit overnight, with COVID-19 cases on the rise in India and U.S. The larger-than-expected structure in crude stocks also offset the optimism shown by OPEC and its allies in a solid recovery in global fuel demand. Brent crude futures fell 26 cents, or 0.4%, to $ 66.16 a…
