(Reuters) -Oil prices edged up on Friday, on track to rise at their steepest rate since early June as Ukraine’s attacks on Russia’s energy infrastructure push Moscow to restrict fuel exports and close to cutting crude output. Brent futures climbed 15 cents, or 0.2%, to $69.57 a barrel by 0100 GMT, while U.S. West Texas…
MANILA, Philippines (AP) — Asian shares were mixed on Thursday, with major markets mostly higher despite overnight losses on Wall Street. U.S. futures edged higher while oil prices fell. Japan’s Nikkei 225 recovered from earlier losses, gaining 0.3% to 45,768.68. Minutes from the Bank of Japan’s July meeting released Thursday indicated policy officials were inclined…
By Stella Qiu SYDNEY (Reuters) -Japanese and Taiwanese shares set records on Thursday as technology companies rallied while investors wagered that U.S. inflation data will be well behaved enough to ensure an interest rate cut next week, and perhaps two more by year end. Before then, the European Central Bank is widely expected to hold…
Published on: Sept 05, 2025 02:52 pm IST Brent crude futures fell 35 cents, or 0.5%, to $66.64 a barrel by 0810 GMT, while U.S. West Texas Intermediate crude dropped 33 cents, or 0.5%, to $63.15. Oil extended its decline into a third session on Friday, heading for a weekly loss for the first time…
By Florence Tan SINGAPORE (Reuters) -Oil prices slipped in early Asian trade on Monday as the United States did not exert more pressure on Russia to end the Ukraine war by implementing further measures to disrupt Moscow’s oil exports after presidents from both countries met on Friday. Brent crude futures dropped 32 cents, or 0.49%,…
Oil prices dipped in early European trading on Friday morning, ahead of US president Donald Trump’s meeting with Russian president Vladimir Putin in Alaska later in the day, to discuss the war in Ukraine. Brent crude (BZ=F) futures fell 0.6% to $66.44 per barrel at the time of writing, while West Texas Intermediate futures (CL=F)…
By Wayne Cole SYDNEY (Reuters) -Asian share markets followed Wall Street lower on Monday as fears for the U.S. economy returned with a vengeance, spurring investors to price in an almost certain rate cut for September and undermining the dollar. Some early resilience in U.S. stock futures and a continued retreat in oil prices did…
MOSCOW (Reuters) -U.S. President Donald Trump‘s demand on India to halt Russian oil imports could threaten billions in Russian revenues, prompt Moscow to retaliate by stopping a major U.S.-led oil pipeline and potentially lead to a new global supply crisis. India, the world’s third largest oil importer, has become the biggest buyer of Russian oil…
By Florence Tan and Sam Li SINGAPORE (Reuters) -Oil prices slipped on Monday after OPEC+ surprised markets by hiking output more than expected in August, while uncertainty over U.S. tariffs and their potential impact on global economic growth weighed on demand expectations. Brent crude futures fell 47 cents, or 0.69%, to $67.83 a barrel by…
OPEC+ will ramp up oil production more aggressively than anticipated in August, accelerating the rollback of its 2023 voluntary supply cuts in a bid to capture market share amid peak summer demand. At a virtual meeting Saturday, eight core members led by Saudi Arabia agreed to add 548,000 barrels per day (bpd) to global supply—exceeding…