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Oil prices fell on Friday evening (March 29) on worries that US tariff wars could spark a global recession, but gained for a third consecutive week after Washington ratcheted up pressure on OPEC members Venezuela and Iran.
HOUSTON, March 27 (Xinhua) -- Working gas storage in the contiguous United States was 1,744 billion cubic feet in the week ending March 21, a net increase of 37 billion cubic feet from the previous week, the U.S. Energy Information Administration (EIA) said Thursday.
OIL prices rose on Friday, and were set for second consecutive weekly gains, as fresh U.S. sanctions on Iran and a new plan from the Organization of Petroleum Exporting Countries and its allies (OPEC+) to cut output raised bets on tighter supply.
Gold prices eased on Friday weighed by a stronger U.S. dollar, although the Federal Reserve's rate cut cues for the year and safe-haven demand amid geopolitical and economic uncertainties set the bullion on track for a third straight weekly gain.
HOUSTON, March 20 (Xinhua) -- Working gas storage in the contiguous United States was 1,707 billion cubic feet in the week ending March 14, a net increase of 9 billion cubic feet from the previous week, the U.S. Energy Information Administration (EIA) said Thursday in a report.
KUALA LUMPUR: The FBM KLCI ended higher for the second consecutive day as investors continued to pick up bargains, though it is headed for a 2.3% weekly decline.
HOUSTON, March 13 (Xinhua) -- Working gas storage in the contiguous United States was 1,698 billion cubic feet in the week ending March 7, a net decrease of 62 billion cubic feet from the previous week, the U.S. Energy Information Administration (EIA) said Thursday in a report.
NEW DELHI: Oil prices were little changed on Friday but were set for their biggest weekly decline since October as the uncertainty around U.S. tariff policy is creating concerns about demand growth at the same time major producers are set to increase output.
GOLD held steady on Friday, and was on track for a weekly rise as uncertainty around U.S. President Donald Trump's tariff plans firmed demand, while investors awaited U.S. non-farm payrolls data due later in the day.
HOUSTON, March 6 (Xinhua) -- Working gas storage in the contiguous United States was 1,760 billion cubic feet in the week ending Feb. 28, a net decrease of 80 billion cubic feet from the previous week, the U.S. Energy Information Administration (EIA) said Thursday.
Gold prices eased on Friday, and were set to post their biggest weekly drop since November 2024, on a stronger dollar, while investors awaited a key U.S. inflation data for cues into the Federal Reserve's monetary policy trajectory.
Oil prices settled down more than US$2 a barrel on Friday evening, posting a weekly decline as investors grappled with a fading Middle East risk premium alongside uncertainty about a potential peace deal in Ukraine.
TOKYO/SINGAPORE: Oil prices edged down on Friday but were still poised for a weekly rise on concerns over supply disruptions in Russia and an improving outlook for demand in the United States and China.
VATICAN CITY (Reuters) - Pope Francis said on Wednesday he was still suffering from a bout of bronchitis and asked an aide to read prepared remarks for a weekly general audience at the Vatican for the second time in two weeks.
Artificial intelligence powerhouse OpenAI has seen its weekly active users jump 33% to 400 million since December, the company said on Feb 20.
Gold prices edged lower on Friday from a record high hit in the previous session, but stayed on track for their eighth straight weekly gain, supported by safe-haven demand on concerns over U.S. President Donald Trump's tariff threats.
HOUSTON, Feb. 13 (Xinhua) -- Working gas storage in the contiguous United States was 2,297 billion cubic feet in the week ending Feb. 7, a net decrease of 100 billion cubic feet from the previous week, the U.S. Energy Information Administration (EIA) said Thursday in a report.
SINGAPORE: Oil prices rose marginally in Asian trade on Friday but were on track for a third straight week of decline, hurt by U.S. President Donald Trump's renewed trade war on China and threats of tariff hikes on other countries.
KUALA LUMPUR: The outflow of foreign funds from Bursa Malaysia continued for a 15th consecutive week, with RM503.3mil in offshore dollars leaving the domestic market, said MIDF Research in its weekly fund flow report.
