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Friday,
20-May-2022
07:58 (IST)
Oil prices were little changed on Friday as worries about weaker economic growth offset expectations that crude demand could rebound in China as Shanghai lifts some coronavirus lockdowns. Brent futures for July delivery fell 36 cents, or 0.3%, to $111.68 a barrel by 0015 GMT, while U.S. West Texas Intermediate (WTI) crude fell 36 cents, or 0.3%, to $111.85 on its last day as the front-month. WTI futures for July , which will soon be the front-month, were down about 0.6% to $109.20 a barrel. That put WTI on track to rise for a fourth week in a row for the first time since mid-February. Brent wa...
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Friday,
20-May-2022
07:57 (IST)
Gold prices on Friday hovered near a one-week high scaled in the previous session, and were set for their first weekly gain since mid-April, as the U.S. dollar receded from two-decade highs, reviving ...
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Thursday,
19-May-2022
09:36 (IST)
Asian shares and currencies declined following a rout on U.S. equities on worries over the impact of high inflation and monetary policy tightening on economic growth. Shares tumbled 3% in Hong Kong, d...
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Thursday,
19-May-2022
08:27 (IST)
Oil prices rose on Thursday, recovering from early losses, as lingering fears over tight global supplies outweighed fears over slower economic growth as highlighted by slumping global shares. Brent cr...
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Thursday,
19-May-2022
07:59 (IST)
Gold prices were flat on Thursday, as an elevated dollar weighed on greenback-priced bullion and countered support from lower Treasury yields, with the metal's outlook already dulled by an aggress...
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Wednesday,
18-May-2022
08:09 (IST)
Gold prices edged higher on Wednesday, as a weakening dollar countered pressure from stronger Treasury yields and an aggressive stance on inflation by the U.S. Federal Reserve chief. A weaker dollar m...
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Wednesday,
18-May-2022
08:08 (IST)
Oil prices rose more than $1 a barrel in early Asian trade on Wednesday on hopes of demand recovery in China as the country gradually eases some of its strict COVID-19 containment measures. Brent crud...
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Tuesday,
17-May-2022
09:41 (IST)
Asian shares and currencies advanced on optimism over China’s reopening, while traders await the U.S. Federal Reserve outlook on likely pace of monetary policy tightening and retail sales data. ...
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Tuesday,
17-May-2022
08:03 (IST)
Oil prices opened lower in early Asian trade on Tuesday after the European Union's efforts to enact a ban on Russian oil imports, a move that would tighten global supply, ran into resistance from ...
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Tuesday,
17-May-2022
08:01 (IST)
Gold prices were steady on Tuesday as a pullback in the dollar supported demand for greenback-priced bullion, although the metal's strength was partially offset by a recovery in U.S. Treasury yiel...
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