Page 111 - Texas Intermediate News Today

Western Texas Intermediate (WTI), the US crude oil benchmark, is trading around $86.25 on Tuesday.

Oil prices turn higher as Middle East ceasefire hopes wane By Colleen Howe and Andrew Hayley BEIJING (Reuters) -Oil prices rose on Tuesday after hopes diminished that negotiations between Israel and Hamas would lead to a ceasefire in Gaza amid concerns the lingering conflict could potentially disrupt supply from the…

US stocks closed mixed, while Asian markets climbed. Oil prices rose, and most Asian currencies weakened against the dollar. Precious metals surged. Investors are now focusing on upcoming US inflation data and Federal Reserve minutes following a strong March jobs report.

Currency settles at 277.94 against the greenback in the inter-bank market

Brent crude futures had increased by 40 cents to $90.78 per barrel. U.S. West Texas Intermediate (WTI) crude saw a 35-cent increase.

Asian stocks were mixed Tuesday as attention turned to crucial US inflation data that could play a pivotal role in the Federal Reserve's decision-making on interest rates, with investors lowering their expectations for how many cuts it will deliver.

Before Market Opens: Indian markets are likely to open on a positive note on Tuesday following gains in Asian peers ahead of this weeks U.S. inflation data. Gift Nifty was trading 59 points higher, also indicating a strong start. Lets take a look at some key cues before the market opens today:

(Bloomberg) — Stocks in Asia showed modest gains in range-bound trading, as investors looked for new themes ahead of key US consumer price data due Wednesday. Benchmarks rose in Australia and Hong Kong, with those in Japan lifted by a weaker yen that benefits exporters. Their counterparts in South Korea and mainland China slipped. Treasury…

U.S. crude oil output is set to grow slightly more than earlier estimates for this year and next, the U.S. Energy Information Administration said on Tuesday, as the agency also hiked its global and... -April 09, 2024 at 01:13 pm EDT - MarketScreener

(Bloomberg) -- Oil traded near a five-month high as investors weighed simmering tensions in the Middle East and persistent supply concerns.Most Read from BloombergTrumpism Is Emptying ChurchesTrump Media Spirals as 36% Dive From Debut Erases BillionsTrump Media’s Accounting Firm Has Audit Deficiency HistoryGermany to Order Ships, Armored Vehicles Worth Up to €7 BillionWhy India’s South Rejects Modi — And Why It MattersBrent rose toward $91 a barrel after closing 0.9% ...