No respite for global stocks as banks around the world continue to struggle
By Naomi Rovnick LONDON (Reuters) -Global stocks were pressured on Friday and safe-haven buying supported government bonds as concerns about…
Goldman hikes gold forecast, reiterates bullish commodities view
(Reuters) – Goldman Sachs on Thursday raised its gold price forecasts, describing it as the best hedge against financial risks,…
UPDATE 2-US crude inventories rise unexpectedly to 22-mth high, fuel stocks fall -EIA
(Adds detail on EIA report on crude adjustment numbers) NEW YORK, March 22 (Reuters) – U.S. crude oil stockpiles rose…
Global equities fall, gold surges as banking worries linger
NEW YORK/LONDON, March 17 (Reuters) – Investor sentiment remained fragile on Friday despite massive rescue for the banking sector, leaving…
Oil prices settle down, post big weekly losses on bank fears
March 17 (Reuters) – Oil prices settled lower Friday, reversing early gains of more than $1 a barrel as banking…
Global sell-off resumes after Credit Suisse renews worries; gold rallies
NEW YORK/LONDON, March 15 (Reuters) – Renewed unease gripped world markets on Wednesday as news that Credit Suisse’s largest investor…
FTSE 100 takes £75bn hit as Europe becomes new focus of Silicon Valley Bank fallout
The FTSE 100 and other major European stock markets have taken a beating as concern over the health of US…
Despite SVB-triggered turmoil, European central banks hint rate hike
By Dhara Ranasinghe LONDON (Reuters) – An uneasy calm descended on world markets on Wednesday, with efforts by regulators and…
UPDATE 1-U.S. crude stockpiles rise, fuel draws down last week – EIA
(Adds milestones for data, commentary, price reaction) NEW YORK, March 15 (Reuters) – U.S. crude oil stockpiles rose last week…
Oil prices recoup losses after OPEC upgrades China demand outlook
By Yuka Obayashi and Florence Tan TOKYO (Reuters) – Oil prices rebounded more than 1% on Wednesday, recovering from the…
Oil giant Saudi Aramco makes a historic $161B profit in 2022
DUBAI, United Arab Emirates — Oil giant Saudi Aramco reported Sunday earning $161 billion last year, claiming the highest-ever recorded…