Aramco cuts oil prices to Asia for December after Opec+ delay
SAUDI Arabia lowered oil prices for buyers in Asia for December after members of the Opec+, which includes the Organization of the Petroleum Exporting Countries plus Russia and other…
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prices
Uber proposes cut to New York City driver base pay on lower gas prices
UBER Technologies is proposing a cut to New York City drivers’ base pay rate, among other recommendations, as it seeks to lower prices of rides in one of its largest markets. The company…
US CEOs fired more quickly over low stock prices this year, report says
US COMPANIES with lagging stock prices are now quicker to blame management and fire their top executive, but the process of finding a replacement has remained largely unchanged for the…
Oil prices jump over 1% on delayed Opec+ output hike
OIL prices rose by more than US$1 in early trading on Monday (Nov 4) after Opec+ said on Sunday it would delay a planned December output hike by one-month due to soft demand and rising…
RBA set to hold key rate to counter sticky prices, global risks
AUSTRALIA’S central bank is poised to keep interest rates at a 13-year high, marking a year of unchanged policy as it grapples with a slow pace of disinflation and mounting global risks…
Oil prices settle up slightly on Iran worries, but prices down for week
OIL prices edged up on Friday (Nov 1) on reports Iran was preparing a retaliatory strike on Israel from Iraq in the coming days, but record US output weighed on prices. Brent futures were…
China new home prices grow slightly faster in Oct, private survey shows
BEIJING (Reuters) - Prices of new homes in China rose at a faster pace in October, traditionally a peak season for house hunting, a private survey showed on Friday, suggesting that recent…
Oil prices rise 1% as Middle East attacks heighten supply concerns
OIL prices rose more than 1 per cent on Thursday (Oct 24), reversing some of the previous session’s losses, as the Middle East conflict and reports of North Korean troops ready to help…
Cocoa prices help Ivory Coast win credit upgrade from S&P
HIGHER prices for cocoa and rising exports helped Ivory Coast win a credit rating upgrade from S&P Global Ratings, which boosted the Western African nation a notch closer to investment…
Oil prices fall, weekly 7% drop on China demand woes, mixed Mideast outlook
OIL futures fell on Friday (Oct 18), declining more than 7 per cent on the week after data showed China’s economic growth slowed and investors digested a mixed Middle East outlook. Brent…
Oil prices edge higher on US crude stockpiles draw
OIL prices inched up on Thursday (Oct 17), bouncing back from two-week lows, after data showed falling crude and fuel inventories in the United States. Brent crude futures settled at…
Economists expect MAS to hold currency band steady amid sticky prices
SINGAPORE is set to buck the global easing trend and keep its policy bearings on hold as officials use the strength of the currency to tackle still-exorbitant living costs. The Monetary…
Oil prices jump 4% on US storm and Israel-Iran fears
OIL prices jumped about 4 per cent on Thursday (Oct 10) on a spike in US fuel use before Hurricane Milton barrelled across Florida, Middle East supply risks and signs that demand for…
Gold prices steady with Fed minutes on tap
GOLD prices held steady on Wednesday (Oct 9) as traders awaited cues on US interest rate policy from the minutes of the Federal Reserve’s latest meeting. Spot gold held its ground at…
Review on vehicle scrappage policy: Used truck mkt prices spike up to 21%
Premium The Delhi-Bengaluru-Delhi and Delhi-Mumbai-Delhi routes also recorded moderate growth, with increases of 1 per cent and 0.7 per cent, respectively | (Photo: Shutterstock) 4 min…
Here's what's next for oil and gas prices as Middle East tensions heat up
Oil prices climbed this week as tensions in the Middle East escalated. 5 min read Last Updated : Oct 05 2024 | 9:48 AM IST Oil prices climbed this week as tensions in the Middle East…
How worried should I be about rising oil prices?
As the conflict across the Middle East widens, rising oil prices are being closely watched. The cost of oil affects everything from the price of food at the supermarket to how much it…
ExxonMobil expects third-quarter earnings were hit by lower oil prices
A SLUMP in oil prices probably reduced ExxonMobil’s third-quarter upstream earnings by US$600 million to US$1 billion, the oil major signalled in a regulatory filing published on Thursday…
ATF prices down 6% to Rs 87,597, commercial LPG up Rs 48.5 per cylinder
3 min read Last Updated : Oct 01 2024 | 8:22 PM IST State-run oil marketing companies (OMCs) on Tuesday reduced the price of Aviation Turbine Fuel (ATF) by 6 per cent to Rs 87,597 from Rs…
World coffee, sugar prices surge as drought-hit Brazil awaits rains
WORLD coffee and sugar prices surged to new highs on Thursday (Sep 26) as investors remained focussed on drought-hit Brazil, the top grower of both commodities, with weather forecasts…
Gold prices hit record high over West Asia tensions, US Fed rate cut
2 min read Last Updated : Sep 24 2024 | 11:27 PM IST By Anjana Anil Gold rose 1% and hit a record high on Tuesday, building on its recent rally as West Asia tensions fed its safe-haven…
Japan Should Keep Rates, Prices Moving, Prime Minister Hopeful Kato Says
(Bloomberg) -- Japan should aim for interest rates and prices to “keep moving,” according to Katsunobu Kato, a potential candidate for the country’s next prime minister. Most Read from…
China June new home prices fall at fastest pace in 9 years
BEIJING (Reuters) -China's new home prices fell at the fastest pace in nine years in June, official data showed on Monday, with the battered sector struggling to find a bottom despite…