Page 199 - Rep News Today

U.S. crude oil stockpiles fell more than expected last week due to strong export and refining demand, the Energy Information Administration said on Wednesday,

Colombia's peso will likely stay weak on signs the central bank is turning to a wait-and-see approach on interest rates, combined with downside pressures from the currency's mismatch against oil prices, a Reuters poll showed.

The Middle East has by far the lowest share of clean power in its electricity mix of all regions, but is starting to change that through hefty increases in renewable energy generation capacity.

Saudi Arabia, the world's top oil exporter, has raised the prices of its flagship crude for Asian buyers for the third straight month.

There will be no Asia Morning Bid on Friday, April 7. It will resume on Monday, April 10.

A look at the day ahead in Asian markets from Jamie McGeever.

The dollar wobbled on Tuesday after a slump in U.S. manufacturing activity last month pointed to further signs of a slowing economy and trumped renewed inflation concerns following OPEC+'s surprise output cut.

Gold prices edged lower on Tuesday as traders assessed the likely path of the Federal Reserve's monetary policy after data showed a slump in U.S. manufacturing activity and as OPEC+'s production cut sparked inflationary risks.

Saudi Arabia has done it again. The de facto leader of the world’s main oil producer club sent crude prices spiking on Monday after proposing a further cut to crude production. Given the Organization of the Petroleum Exporting Countries’ position of strength, the muscle-flexing is more logical than surprising.

A look at the day ahead in markets from Kevin Buckland.