Author name: Siim

FTSE 100 today: London stocks to stay subdued in light trading as Asia and Europe mark Labour Day holidays

FTSE 100 today: London stocks to stay subdued in light trading as Asia and Europe mark Labour Day holidays

Wednesday 01 May 2024 5:38 am FTSE 100 today: London stocks to stay subdued in light trading as Asia and Europe mark Labour Day holidays Moving markets today: Asian equities mixed following Wall Street’s worst month since September; oil prices drop, gold stays subdued, Starbucks, AMD, and Supermicro shares decline; focus shifts to US Fed […]

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Federal Agencies Target ExxonMobil And Chevron Acquisitions

Federal Agencies Target ExxonMobil And Chevron Acquisitions

Oil is refined into gasoline, diesel, and jet fuel 24/7 at fewer and fewer refineries around the … [+] nation. getty The Securities and Exchange Commission and Federal Trade Commission are evaluating pending oil company consolidations because of antitrust and climate related concerns. The ExxonMobil XOM acquisition of Pioneer Natural Resources PXD and Chevron’s CVX

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Oil steady around weekly low while markets are unwinding risk premium over tension in Middle East

Oil steady around weekly low while markets are unwinding risk premium over tension in Middle East

Oil turns flat for this Friday with markets writing off Middle Eastern tensions during APAC session. WTI Oil prices retreat from $85.00, while Brent dips below $90. The US Dollar Index eases as well on a turnaround from safe haven inflows earlier on the back of headlines.  Oil prices are dropping lower with markets having

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‎Oil rises over 1% amid concerns of escalating conflict in Middle East

‎Oil rises over 1% amid concerns of escalating conflict in Middle East

Oil drilling rigs Oil prices increased on Friday, amid investor concerns about the escalating conflict in the Middle East following reports of explosions in the Iranian city of Isfahan believed to be an Israeli attack. Brent crude futures for June delivery rose by 1.89% or $1.60 to $88.76 a barrel at 09:01 am Makkah Time.

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Oil Prices Slip as Investors Eye Israel’s Response to Iran Strike

Oil Prices Slip as Investors Eye Israel’s Response to Iran Strike

Oil prices have experienced a slight decrease for the third day in a row, after reaching a six-month record. Investors have seemingly shrugged off fears of a wider Middle East war disrupting supplies. Brent crude, the international benchmark, fell by 3.03% to $87.29 per barrel for June. Meanwhile, West Texas Intermediate, the U.S. marker, dropped

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Gasoline, shelter costs drive inflation up a smidge to 2.9%

Gasoline, shelter costs drive inflation up a smidge to 2.9%

Business Canada’s inflation rate went up slightly in March compared to February, with Statistics Canada pointing out gasoline prices are partly behind the increase, along with shelter costs such as mortgage interest rates and rent. Year-over-year inflation is up slightly but dropped when excluding gasoline prices Anis Heydari · CBC News · Posted: Apr 16, 2024 8:42

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