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Global stocks will shake off recent weakness and rise over the next 12 months but at a more tempered pace than this year's rally, found a Reuters poll of equity analysts who also said a correction was likely in the next six months.

Asian refining margins for 10 ppm gasoil rose for a second straight session on Thursday, while cash premiums for the industrial fuel grade rose after middle distillate inventories in Singapore slumped to their lowest level in more than 3-1/2 years.

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TotalEnergies SE began restarting the small crude distillation unit (CDU) at its 225,500 barrel-per-day (bpd) Port Arthur, Texas, refinery on Wednesday, sources familiar with plant operations said.

Chicago wheat futures turned higher on Wednesday, recouping some of their steep losses from the previous session, as investor concerns that the Omicron coronavirus variant would derail the global economy began to ease.

One could say with fear of much rebuttal, the play that left Wilson KO’d made all the...

Raw sugar futures on ICE hit their lowest in two months on Thursday as fears persisted that the Omicron coronavirus variant could hammer a nascent global economic recovery.

The Kazakh tenge is likely to inch up against the dollar this month, supported by relatively strong oil prices and high domestic interest rates, according to a Reuters poll.

Indian shares rose on Thursday, led by energy, pharma and auto stocks, although gains were capped by fears over the Omicron coronavirus variant after the United States became the latest country to report a case.

Australian shares fell at open on Thursday, as concerns over the new Omicron coronavirus variant kept investors jittery, while Afterpay fell over 5% after postponing meeting to vote on its $29 billion deal with Jack Dorsey-led Square Inc.