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Wall Street rises as oil fears recede, market awaits Fed

8 hours ago DieselGasoil Comments Off on Wall Street rises as oil fears recede, market awaits Fed
(Reuters) – Wall Street ended higher on Tuesday as the impact of weekend attacks on Saudi Arabia’s biggest oil refinery faded and investors awaited a widely expected Fed interest rate cut on Wednesday. Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., September 17, 2019. REUTERS/Brendan McDermid Stocks Read More

‘Locked and loaded’: Trump warns Iran as oil prices surge

2 days ago DieselGasoil Comments Off on ‘Locked and loaded’: Trump warns Iran as oil prices surge
By Alix Culbertson, news reporter Global oil prices surged by nearly 20% following the bombing of two massive Saudi energy plants. Analysts have warned motorists are likely to feel the effects in coming days as pump prices are set to rise, with Californian motorists to be hit the hardest as the state relies on Saudi Read More

Oil prices surge after Saudi drone attacks as US-Iran row deepens

2 days ago DieselGasoil Comments Off on Oil prices surge after Saudi drone attacks as US-Iran row deepens
By Alix Culbertson, news reporter Global oil prices surged by nearly 20% following the bombing of two massive Saudi energy plants. Analysts have warned US motorists are likely to feel the effects in coming days as pump prices are set to rise, with Californian motorists to be hit the hardest as the state relies on Read More

Oil prices soar 10% after attack on Saudi facilities hits global supply

2 days ago DieselGasoil Comments Off on Oil prices soar 10% after attack on Saudi facilities hits global supply
SEOUL/NEW YORK (Reuters) – Oil prices retreated on Monday after hitting their highest since May at the open, on fears over supply disruptions following an attack on Saudi Arabia’s oil facilities on Saturday that cut more than 5% of global oil supply. FILE PHOTO: Oil pours out of a spout from Edwin Drake’s original 1859 Read More

Oil prices surge 15% after attack on Saudi facilities hits global supply

2 days ago DieselGasoil Comments Off on Oil prices surge 15% after attack on Saudi facilities hits global supply
NEW YORK (Reuters) – Oil prices surged more than 15% to their highest level in nearly four months at the open on Sunday after an attack on Saudi Arabia’s oil facilities on Saturday that knocked out more than 5% of global oil supply. FILE PHOTO: Oil pours out of a spout from Edwin Drake’s original Read More

Overshadowed by U.S. corruption probe, UAW, GM near contract deadline

4 days ago DieselGasoil Comments Off on Overshadowed by U.S. corruption probe, UAW, GM near contract deadline
DETROIT (Reuters) – Overshadowed by a mushrooming U.S. federal corruption probe into top union officials that has created uncertainty for collective bargaining talks, the contract between the United Auto Workers (UAW) and General Motors Co (GM.N) will expire at midnight on Saturday. FILE PHOTO: United Auto Workers President Gary Jones delivers remarks at the opening Read More

Global stocks, bond yields lifted by U.S.-China trade hopes

4 days ago DieselGasoil Comments Off on Global stocks, bond yields lifted by U.S.-China trade hopes
NEW YORK (Reuters) – A gauge of global stocks rose for an eighth straight day and benchmark government bond yields climbed on Friday after signs of progress in U.S.-China trade talks, as well as a solid U.S. retail sales report, allayed recession worries. Stocks on Wall Street were little changed, as weakness in tech companies Read More

Asia shares at six-week high on trade progress, ECB easing

5 days ago DieselGasoil Comments Off on Asia shares at six-week high on trade progress, ECB easing
TOKYO/HONG KONG (Reuters) – Asian stocks climbed to their highest in six weeks on Friday, as signs of progress in U.S.-China trade talks and aggressive stimulus from the European Central Bank helped to calm fears of a global economic slowdown. FILE PHOTO: A man points out an electronic board showing the Nikkei stock index outside Read More

Wall Street ends higher on trade, ECB stimulus hopes

5 days ago DieselGasoil Comments Off on Wall Street ends higher on trade, ECB stimulus hopes
NEW YORK (Reuters) – Wall Street advanced on Thursday, and the S&P 500 ended the session within striking distance of its all-time closing high, buoyed by positive developments on the U.S.-China trade front and a promise of continued stimulus from the European Central Bank. FILE PHOTO: Traders work on the floor at the New York Read More

Wall Street advances on trade concessions, euro zone stimulus

5 days ago DieselGasoil Comments Off on Wall Street advances on trade concessions, euro zone stimulus
NEW YORK (Reuters) – Wall Street advanced on Thursday, and the S&P 500 hovered a hair’s breadth below its all-time high, buoyed by positive developments on the U.S.-China trade front and a promise of continued stimulus from the European Central Bank. FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) Read More