Tag : oil prices

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Bahrain and UK review regional tensions and economic risks

manamalive.com
MANAMA: Bahrain and the United Kingdom said after meetings in Manama that they had reviewed regional and international developments, with both sides emphasizing the security and economic fallout from the current crisis and the need to support...
Business

Gold steadies as markets watch US-Iran talks

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ISLAMABAD: Gold prices held steady on Thursday as investors weighed a fragile U.S.-Iran ceasefire, preparations for talks in Islamabad and a fresh round of U.S. inflation data that could shape the Federal Reserve’s next move on interest rates....
Business

Nikkei falls as caution returns to Tokyo stocks

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TOKYO: Japan’s Nikkei share average fell on Thursday as investors pulled back after a powerful relief rally, with renewed concern over Middle East tensions and higher oil prices prompting a more defensive tone across the Tokyo market. The...
Business

South Korea inflation hits 2.2% in March on oil surge

manamalive.com
DAEJEON: South Korea’s consumer prices rose 2.2% in March from a year earlier, accelerating from 2.0% in February as higher oil costs pushed up transport-related prices, official data showed on Thursday. On a monthly basis, the consumer...
Crude extends gains amid OPEC+ uncertainty and weaker U.S. dollar
Business

Crude extends gains amid OPEC+ uncertainty and weaker U.S. dollar

manamalive.com
Oil prices extended gains, settling above $72 a barrel as supply concerns, OPEC+ policy uncertainty, and a weaker U.S. dollar supported crude amid market volatility....
Nasdaq, S&P 500 drop as trade tensions rise with new U.S. tariffs
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Nasdaq, S&P 500 drop as trade tensions rise with new U.S. tariffs

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U.S. stocks dropped Monday after Trump announced tariffs on China, Mexico, and Canada, but pared losses after he delayed Mexico tariffs for one month following talks with President Sheinbaum....
Shell profits drop 16% but maintains strong shareholder returns
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Shell profits drop 16% but maintains strong shareholder returns

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Shell’s 2024 profit fell 16% to $23.72 billion, missing estimates. Despite weaker oil prices, the company raised dividends by 4% and announced a $3.5 billion share buyback....
Brent crude inches higher amid falling U.S. crude inventories
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Brent crude inches higher amid falling U.S. crude inventories

manamalive.com
Oil prices rose Wednesday after U.S. crude inventories fell, but gains were capped as the Federal Reserve hinted at slower rate cuts. A stronger dollar also tempered optimism....
Dow Jones rises while Fed decision draws investor focus this week
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Dow Jones rises while Fed decision draws investor focus this week

manamalive.com
Markets opened higher Monday as investors awaited the Federal Reserve’s meeting, with key rate decisions and 2025 projections expected, while Nasdaq reshuffle pressured Super Micro and boosted MicroStrategy....