Today: September 19, 2024
Today: September 19, 2024

Latest From Laila Kearney

Business|Economy|Finance|World

Oil prices fall as Fed rate cut stirs economic worries, storage report mixed

Oil prices slipped lower on Wednesday as a rate cut announcement from the Federal Reserve raised worries about the health of the U.S. economy, while investors

Oil prices fall as Fed rate cut stirs economic worries, storage report mixed
Americas|Asia|Business|Economy

Nippon Steel, US Steel send letter to Biden on merger plans

Nippon Steel and U.S. Steel sent a letter on Sunday to U.S.

Nippon Steel, US Steel send letter to Biden on merger plans
Business|Economy|Finance

US crude oil climbs more than $2 on fears of Hurricane Francine

Oil prices climbed more than 2% on Wednesday, driven by fears of lengthy production shutdowns in the U.S. offshore oil patch, which Hurricane Francine was barreling

US crude oil climbs more than $2 on fears of Hurricane Francine
Economy|Finance|News|World

Crude futures settle down by more than $1/bbl on demand fears

Crude futures fell by more than $1 a barrel on Wednesday in see-saw trading, with traders worried about demand in coming months as crude producers offered mixed

Crude futures settle down by more than $1/bbl on demand fears
Business|Finance

Oil falls by more than $2 a barrel on Gaza ceasefire talks and weak Chinese economy

Oil prices fell by more than $2 a barrel Monday on the prospect of successful Middle Eastern peace talks reducing supply risks, while leading oil importer China's

Oil falls by more than $2 a barrel on Gaza ceasefire talks and weak Chinese economy
MidEast|News|World

Oil prices settle higher; signs of tighter supply end 3-day swoon

Oil prices settled higher on Tuesday, bouncing off multi-month lows hit in the previous session, as investor attention turned to supply tightness and financial

Oil prices settle higher; signs of tighter supply end 3-day swoon
MidEast|News

Oil falls 2% as Israel seeks to avoid broader Middle East conflict

Oil fell by nearly 2% on Monday after Israeli officials said they wanted to avoid dragging the Middle East into an all-out war while responding to a deadly rocket

Oil falls 2% as Israel seeks to avoid broader Middle East conflict
Asia|Economy

Oil edges higher on upbeat US economic data

Oil prices settled higher on Thursday after strong U.S. economic data stoked expectations for higher crude demand, but the gains were limited by concerns about lower oil

Oil edges higher on upbeat US economic data
Business|Economy|Travel

Japan to boost jet fuel production and imports amid tourism boom

Japan plans to increase jet fuel production and imports to address a pick up in demand from flights amid a boom in tourism, according to a draft government plan

Japan to boost jet fuel production and imports amid tourism boom
Business|Economy

Oil prices rise on deep weekly draw in US crude inventories

Oil prices gained about 1% on Wednesday after a larger-than-expected decline in U.S. crude stocks, but gains were capped by concerns about rising global inventories

Oil prices rise on deep weekly draw in US crude inventories
Economy|News

Oil settles $1 up, war risk premium outweighs ample US stocks

Oil futures settled higher on Thursday on worries about global crude supply disruptions as geopolitical pressure in the Middle East and Europe mounted, while a

Oil settles $1 up, war risk premium outweighs ample US stocks
Business

Oil prices dip as demand concerns outweigh Middle East supply fears

Oil prices eased in early trade on Wednesday as worries about global demand due to weak economic momentum in China and fading hopes for U.S. interest rate cuts in

Oil prices dip as demand concerns outweigh Middle East supply fears
Business

Oil prices rise as heightened geopolitical risk exacerbates supply concern

Oil prices rose in early Asian trading on Monday on concern over tighter global supply brought about by escalating conflict in the Middle East and between Russia and

Oil prices rise as heightened geopolitical risk exacerbates supply concern
Business

Oil prices fall on China demand worries

Oil prices extended last week's losses on Monday on concern about slow demand in China, though lingering geopolitical risk surrounding the Middle East and Russia

Oil prices fall on China demand worries
Business

Oil prices ease, US crude stock build fuels demand fears

Oil prices eased early on Thursday after a larger-than-expected build in U.S. crude stockpiles stoked worries about slow demand, while signs that U.S. interest rates

Oil prices ease, US crude stock build fuels demand fears
Business

Exclusive-Japan's Kyushu Electric to wait for US LNG policy clarity on Lake Charles

Japan's Kyushu Electric Power will wait until after the United States resumes issuing export licences for new liquefied natural gas (LNG) projects before deciding on

Exclusive-Japan's Kyushu Electric to wait for US LNG policy clarity on Lake Charles
Business

Oil prices roughly flat as unclear demand scenario weighed

Oil prices meandered on Friday as investors pondered slowing demand forecast by an influential group and weak U.S. retail sales data that sparked optimism about U.S.

Oil prices roughly flat as unclear demand scenario weighed
Business

Oil prices rise on big draw in US crude stocks, China stimulus hopes

Oil prices rose on Thursday after data showed U.S. crude stockpiles fell more than expected last week, while the Chinese central bank's cut in banks' reserve ratio

Oil prices rise on big draw in US crude stocks, China stimulus hopes
Business

Nippon Steel confident of completing US Steel acquisition

Japan's top steelmaker Nippon Steel is confident of successfully completing its planned acquisition of U.S.

Nippon Steel confident of completing US Steel acquisition
Business

Oil prices rise amid fears over escalating tensions in Middle East

Oil prices rose in early Asian trade on Thursday as persistent fears over escalating tensions in the Middle East outweighed easing concerns about transport

Oil prices rise amid fears over escalating tensions in Middle East
Business

Sumitomo Metal Mining looks to boost battery materials output, possibly in US

Japan's Sumitomo Metal Mining is considering producing cathode battery materials in the United States among other options as it looks to expand output to meet demand

Sumitomo Metal Mining looks to boost battery materials output, possibly in US
Business|Economy

Oil settles near 7-week lows, focus shifts to economy

Oil prices settled on Thursday near their lowest level in seven-weeks, narrowly mixed and under pressure from weaker global demand, rising inventories and fading

Oil settles near 7-week lows, focus shifts to economy

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