Business news

Oil prices rise on dollar slip; Inflation data, OPEC+ meeting eyed
May 29, 2024 04:30 AM AEST| By InvestingInvesting.com-- Oil prices rose Tuesday, as traders looked ahead to U.S. inflation data and the OPEC+ meeting later this week amid expectations that major oil producers will stick with production curb

Oil prices rebound from lows; inflation data, OPEC news awaited
May 28, 2024 09:44 PM AEST| By InvestingInvesting.com-- Oil prices rose Tuesday, continuing to rebound from more than three-month lows, with the focus on upcoming inflation readings this week as well as a meeting if top producers to discuss

Oil prices edge higher with inflation, OPEC cues on tap
May 27, 2024 11:16 AM AEST| By InvestingInvesting.com-- Oil prices rose slightly in Asian trade on Monday, recovering mildly from steep losses last week as traders awaited more cues on U.S. inflation and a meeting of the Organization of Pet

Oil prices steady at multi-month lows, set for weekly losses on rate fears
May 24, 2024 11:46 AM AEST| By InvestingInvesting.com-- Oil prices steadied on Friday, but were headed for steep weekly losses as concerns over sticky inflation and high interest rates spurred doubts that demand will remain robust this year

Oil prices extend losing streak on dollar strength, demand concerns
May 24, 2024 05:38 AM AEST| By InvestingInvesting.com-- Oil prices settled lower for the fourth-straight day Thursday, pressured by a rising dollar amid concerns over high for longer U.S. interest rates as well as crude demand concerns amid

OPEC+ set to roll over output cuts in June - Citi
May 24, 2024 12:14 AM AEST| By Investing
Oil prices rebound; US rate jitters, surprise inventory build weigh
May 23, 2024 11:12 PM AEST| By InvestingInvesting.com-- Oil prices rose Thursday, rebounding after three consecutive losing sessions, although sentiment remains pressured by persistent concerns over high for longer U.S. interest rates as we

Analysts are out with their updated copper prices forecast for 2024
May 23, 2024 10:32 PM AEST| By InvestingThis article first appeared in Investing.com

Gold prices fall below $2,400 on rate jitters, copper hit with profit-taking
May 23, 2024 02:42 PM AEST| By InvestingInvesting.com-- Gold prices saw extended losses in Asian trade on Thursday, pulling back further from record highs as renewed concerns over high interest rates and waning safe haven demand battered th

Oil prices fall amid US rate jitters, surprise inventory build
May 23, 2024 11:28 AM AEST| By InvestingInvesting.com-- Oil prices fell in Asian trade on Thursday, pressured by persistent concerns over high for longer U.S. interest rates, while an unexpected build in inventories also raised concerns ove

Oil prices settle lower after surprise US inventory build
May 23, 2024 07:14 AM AEST| By InvestingInvesting.com-- Oil prices settled lower Wednesday for the third-straight day as an unexpected build in U.S. inventories cast doubt over demand in the world's largest crude consumer.

Shopify's Growth Fuels Opportunities for Ecosystem Partners
May 23, 2024 01:45 AM AEST| By EIN PresswireThe State of Shopify Report in the USA, the UK, Canada, Australia and Germany Fabrikatör - Inventory Planning Shopify's growth presents significant opportunities for ecosystem partners in the...

Oil prices fall after surprise US inventory build; rate jitters contribute
May 22, 2024 10:28 PM AEST| By InvestingInvesting.com-- Oil prices fell Wednesday, dropping for the third straight session as industry data showed an unexpected build in U.S. inventories, raising doubts over demand in the world's largest cr

Gold prices retreat from record highs with Fed minutes on tap; copper falls
May 22, 2024 02:48 PM AEST| By InvestingInvesting.com-- Gold prices fell in Asian trade on Wednesday, pulling back further from record highs as anxiety over high U.S. interest rates grew ahead of more cues from the Federal Reserve.

Oil prices fall further on surprise US inventory build, rate jitters
May 22, 2024 11:18 AM AEST| By InvestingInvesting.com-- Oil prices fell in Asian trade on Wednesday as industry data showed an unexpected build in U.S. inventories, while persistent concerns over high U.S. interest rates also kept sentiment

Oil Inventories in surprise 2.5M barrel jump last week: API
May 22, 2024 06:54 AM AEST| By InvestingCrude Oil WTI Futures, the U.S. benchmark, traded at $78.23 a barrel following the report after settling down 0.7% at $79.26 a barrel.

Biden to sell 1M barrels of gasoline to cut prices ahead of summer driving season
May 22, 2024 05:38 AM AEST| By InvestingInvesting.com -- The Biden administration is set to sell 1 million barrels of gasoline from strategic reserves held in the Northeast to lower gas prices ahead of the summer driving season.

Oil prices dip on US interest rate jitters, Middle East uncertainty
May 21, 2024 10:18 PM AEST| By InvestingInvesting.com-- Oil prices fell Tuesday on concerns high U.S. interest rates will eat into demand this year, amid continued uncertainty in the Middle East.

Copper prices hit record highs, here’s what Morgan Stanely sees as a bull case
May 21, 2024 02:34 PM AEST| By InvestingInvesting.com-- Copper prices are set to see some near-term volatility after surging to record highs in recent sessions, Morgan Stanley (NYSE:MS) analysts said in a note, although the red metal is sti

Gold prices fall from record highs as rate fears persist; copper retreats
May 21, 2024 02:32 PM AEST| By InvestingInvesting.com-- Gold prices fell in Asian trade on Tuesday, retreating from record highs as some easing uncertainty over Iran cooled safe haven demand for the yellow metal, while pressure from concern

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