LONDON (Reuters) – Oil prices mixed on Monday, with Brent crude rising, backed by tighter supplies and positive economic data, while US benchmark WTI futures fell on concerns that a Increase in coronavirus cases could curb demand for fuel in the United States. FILE PHOTO: The sun sets behind a …
Read More »GLOBAL MARKETS: Asian stocks rise as China’s blue chips climb their 5-year peak
* Asian Stock Markets: tmsnrt.rs/2zpUAr4 * China shares up nearly 5.5% * Europe and US futures point to greater openness * Weaker dollar and high liquidity that help stocks rise By Wayne Cole and Scott Murdoch SYDNEY / HONG KONG, July 6 (Reuters) – Asian stocks rose to four-month spikes …
Read More »Oil rise due to tighter supply, positive data expectations
LONDON (Reuters) – Oil prices rose on Monday, backed by tighter supplies and a series of data expected to show an economic recovery worldwide and despite an increase in coronavirus cases in the United States and other countries. FILE PHOTO: The sun sets behind a crude oil pump jack on …
Read More »GLOBAL MARKETS: Asia stocks rise as China’s blue chips hit 5-year peak
* Asian Stock Markets: tmsnrt.rs/2zpUAr4 * Asia’s highest ex-Japan shares since February, led by China * Some US states delay reopening as pandemic breaks out * Major coins with range limit, gold near highs By Wayne Cole SYDNEY, Jul 6 (Reuters) – Asian stocks climbed four-month spikes on Monday as …
Read More »Factbox: struggling Canadian energy companies face debt pressure
WINNIPEG, Manitoba / TORONTO (Reuters) – Canadian energy companies have about Cdn $ 6 billion ($ 4.42 billion) in refinancing needs this year, the Bank of Canada says. FILE PHOTO: Oil pipeline warning signs are seen on a fence in “Refinery Row” outside of the facilities managed by Enbridge, Kinder …
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