European Energy Crisis Prompts High-Level Conference
In the face of rising energy prices and geopolitical tensions, the European Central Bank (ECB), the International Energy Agency (IEA), and the European Investment Bank (EIB) are set to hold...
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Indian markets see FPIs divest from multiple sectors, BFSI and IT witness fresh investments
Foreign portfolio investors (FPIs) have sold off shares amounting to Rs 20,000 crore across 13 sectors between September 1st and 15th, according to data from the National Securities...
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Crude oil prices could hit $100 amid global supply shortages, Russia's export ban: Mark Fisher
Mark Fisher, the founder of MBF Clearing Corp., forecasted in a CNBC interview on Thursday that crude oil prices could surpass $100 per barrel due to global supply shortages. This prediction...
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US Stock Indexes Rise Ahead of Federal Reserve’s Interest-Rate Decision
On Wednesday, U.S. stock indexes experienced an increase as the market eagerly anticipates the Federal Reserve's impending interest-rate decision. The Dow Jones Industrial Average (DJIA)...
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Oil prices reach new highs amid supply restrictions and production curb
Oil prices reached new highs on Tuesday, as traders factored in the implications of supply restrictions. This surge in prices is a result of production curbs by Russia and Saudi Arabia...
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Messy market mood as oil irks
A look at the day ahead in U.S. and global markets by Mike Dolan World markets have hunkered down ahead of the week's big central bank decisions, uncomfortable about inflation signals being...
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Inflation surge drives investors towards REITs as fuel prices rise
The U.S. experienced a significant surge in consumer inflation in August, largely due to rising fuel prices, pushing investors towards real estate investment trusts (REITs) such as...
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Oil market on track for third consecutive week of gains amid supply restrictions
The oil market is headed for a third straight week of gains, bolstered by supply constraints from leading oil producers Saudi Arabia and Russia. The West Texas Intermediate (WTI) crude oil...
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China's 'teapot' refiners mop up swelling Iranian crude, defying U.S. curbs
By Muyu Xu SINGAPORE (Reuters) - Appetite for Iranian crude is growing in China, the world's biggest oil importer, after the extension of supply cuts by Saudi Arabia and Russia boosted...
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Oil and gas companies take lead in TSX 30, indicating surge in energy sector investments
Investor interest in traditional oil and gas stocks, as well as Canada's mining and metals sector, has seen a significant upturn, according to recent data from the Toronto Stock Exchange....
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Canadian and U.S. stock markets dip ahead of Bank of Canada's rate decision
On Tuesday, both Canadian and U.S. stock markets reported losses as investors awaited the Bank of Canada's interest rate decision scheduled for Wednesday. The S&P/TSX composite index fell...
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South Africa’s Economy Grows by 0.6% in Q2 2023
Stats SA has announced that South African real Gross Domestic Product (GDP) expanded by 0.6% in the second quarter of 2023, which measured is from April to June. Six industries on the supply...
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Oil settles up, rebounds from lows after European storage report
By Shariq Khan BENGALURU (Reuters) -Oil prices closed a volatile session slightly higher on Thursday, falling a dollar a barrel in early trading on demand worries and a strong dollar, but...
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Explainer-Blood and billions: the cost of Russia's war in Ukraine
By Guy Faulconbridge(Reuters) - Russia's invasion of Ukraine has left tens of thousands of dead, displaced millions and sown economic turmoil across the world in the 18 months since its...
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Oil down 3rd day; U.S. output at 3-year high, offsetting weekly draw
Investing.com -- Saudi oil production cuts may no longer be the news; not even weak Chinese buying, perhaps. It’s U.S. production that’s demanding attention now, with crude output in the...
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U.S. oil stocks lose almost 6M bbls added prior week; output at new 3-year high
Investing.com -- U.S. crude stocks fell almost 6 million barrels last week, losing all that they added the prior week, a government report showed on Wednesday as global oil inventories...
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U.S. crude stocks likely fell almost 7 million barrels last week - API
Investing.com -- U.S. crude oil stocks likely fell by nearly 7 million barrels last week, with deficits in distillates as well while stockpiles of gasoline rose, amid intensive production...
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