Page 21 - Gary Cunningham News Today

Oil Edges Higher With Weaker Dollar Amid Mixed Demand Outlook Bloomberg 3 hrs ago Andres Guerra Luz (Bloomberg) -- Oil edged higher with help from a weakening dollar while a worsening demand picture in parts of the world continued to hold back prices from another breakout. Futures in New York rose 0.4% Monday after trading in a $1 range during the session. Total road fuel sales in France remained lower compared to the same time in 2019, while a key refiner in India is slashing...

Oil pared gains with prices struggling to break out of its recent trading range.

Oil pared gains with prices struggling to break out of its recent trading range as the market considers the jagged outlook for global fuel consumption.

Oil posts its worst week in three with recovery in focus Bloomberg Oil posted its worst week in three amid concerns that rising global COVID-19 cases are slowing the economic recovery. West Texas Intermediate for May delivery on Friday dropped 0.47 percent to US$59.32 a barrel, and ended the week down 3.47 percent, its biggest weekly loss since the middle of last month. Brent Crude for May delivery fell 0.4 percent to US$62.95, declining 2.94 percent from a week earlier. The sun sets behind a ...

Oil Posts Worst Week in Three With Demand Recovery in Focus Bloomberg 1 day ago Andres Guerra Luz (Bloomberg) -- Oil posted its worst week in three amid concerns that rising global coronavirus cases are slowing the economic recovery. West Texas Intermediate futures ended the week down 3.5%, the biggest weekly loss since mid-March. With the Organization of Petroleum Exporting Countries and its allies planning to start raising output, markets are now focused on whether the deman...

Two men arrested on drug charges by Chipley Police Department Special to Washington County News Two men were arrested in separate drug-related incidents last week by the Chipley Police Department. Gary L. Cunningham Jr., 29, was arrested March 4 after officers received a report of a Nissan being driven recklessly on Highway 90. Officers attempted to make a traffic stop when they spotted the vehicle being driven at a high rate of speed. The vehicle eventually came to a stop on Highway 90 in the...

Here are some more selected news articles for the week ending 27 February 2021. Go here for Part 1. This is a feature at Global Economic Intersection every Monday evening or Tueday morning. Please share this article - Go to very top of page, right hand side, for social media buttons. Looks Like We Made It - Propane and the 2021 Deep Freeze; Where Are We Now? --Here in Texas, the snow is melting, the power is back on, and some of us even have drinkable water. Well be dealing with the aftermath ...

CONTENT: Blog Following the murder of George Floyd last summer, countless companies and their senior leadership publicly condemned discrimination in any form, announced various financial commitments aimed at accelerating change and, in some cases, unveiled long-term initiatives to fundamentally alter their business practices to meet the needs of all people. Fast-forward to today: A new presidential administration committed to addressing systemic racism and economic inequality has taken office i...

Oil prices fall as strengthening dollar impacts commodities By Jessica Summers and Andres Guerra Luz on 2/28/2021 (Bloomberg) --Oil fell the most since November with a stronger dollar and concerns surrounding inflation weighing on crude’s best start to the year on record. Futures in New York declined 3.2% on Friday, with a rising dollar reducing the appeal of commodities priced in the currency. Yet, the U.S. crude benchmark still managed to post a nearly 18%...

Oil fell the most since November last year with a stronger US dollar and concerns surrounding inflation weighing on crude’s best start to the year on record. West Texas Intermediate for March delivery on Friday declined 3.2 percent to US$61.50 a barrel, with a rising US dollar reducing the appeal of commodities priced in the currency. However, the US crude benchmark still managed to post a nearly 18 percent gain this month and a weekly increase of 3.81 percent, as inventories worldwide tighte...