LONDON (Reuters) – European stocks rose on Monday as industrial activity in China picked up, another sign of recovery from the coronavirus pandemic that added hope that the world economy would return to health as well. FILE PHOTO: The London Stock Exchange Group’s offices are located in the City of …
Read More »Dollar effort to maintain rally, the interest rates of eyes give up
SYDNEY (Reuters) – The U.S. dollar struggled Monday to hold off a rare rally as its longest losing streak in a decade left many of the market structurally short of currency and vulnerable to a pressure on all current news. FILE PHOTO: A US Dollar Banknote is seen in this …
Read More »Oil rises 1% in response to Saudi Aramco’s upbeat demand, Iraq’s supply cut
MELBOURNE (Reuters) – Oil prices climbed on Monday, backed by Saudi optimism over Asian demand and an Iraqi commitment to deepen cuts in supply, despite uncertainty over a deal to curb US economic recovery gains. FILE PHOTO: The sun is seen behind a crude oil pump jack in the Permian …
Read More »Oil rises 1% in response to Saudi Aramco’s upbeat demand, Iraq’s supply cut
MELBOURNE (Reuters) – Oil prices climbed on Monday, backed by Saudi optimism over Asian demand and an Iraqi commitment to deepen cuts in supply, despite uncertainty over a deal to curb US economic recovery gains. FILE PHOTO: The sun is seen behind a crude oil pump jack in the Permian …
Read More »BP’s green energy goals will be difficult to meet
LONDON (Reuters) – BP (BP.L) will have to invest tens of billions of dollars over the next decades and may have to accept lower returns than it can get from oil if it is to meet its goal of becoming one of the largest innovative power generators in the world. …
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