Page 155 - Texas Intermediate News Today

LONDON :Oil rose on Wednesday, supported by signs of strong global demand including from top consumer the United States while hopes that the Federal Reserve might start cutting rates soon also buoyed sentiment despite somewhat sticky U.S. inflation.In an indication of healthy demand, U.S. crude oil and fuel i

Bitcoin rose 1.6% to $72 173.82.

Oil rose on Wednesday, supported by signs of strong global demand including from top consumer the United States while hopes that the Federal Reserve might start cutting rates soon also buoyed sentiment despite somewhat sticky US inflation. In an indication of healthy demand, US crude oil and fuel inventories fell last week, according to market sources citing American Petroleum Institute figures ahead of Wednesday's official US inventory report.

West Texas Intermediate (WTI) US Crude Oil prices come under some selling pressure and remain depressed through the first half of the European session on Wednesday.

Currency settles at 278.79 in inter-bank market

(Bloomberg) — Stocks fluctuated in the wake of another record-breaking session as a handful of big techs fell and traders awaited a $22 billion sale of long-term Treasuries. Equities struggled to gain much traction after a rally that has defied every doomsday scenario on Wall Street. In a sign of how resilient the market has…

LONDON: Oil rose on Wednesday, supported by potential supply disruption after Ukrainian attacks on Russian...

Investors could be caught off guard by the strength of an oil price rally this summer, according to Morgan Stanley's Martijn Rats.

At 9:50 a.m. ET, the Dow Jones was up 0.14%, the S&P 500 was down 0.15%, the Nasdaq was down 0.49%

LONDON: Oil rose on Wednesday, supported by potential supply disruption after Ukrainian attacks on Russian...