Page 178 - Texas Intermediate News Today

(Bloomberg) -- Oil dipped in Asian trading as investors weighed signs of a tightening market against persistent concerns around demand.Most Read from BloombergNvidia Rises Most in About Nine Months as AI Drives SalesStocks Rally as AI Craze Sweeps Across the World: Markets WrapT-Bills Without Tax Bills? This Fund Says It Cracked the CodeAT&T Outage Triggered by Company Work on Network ExpansionBiden Touts $1.2 Billion in Student Loan Relief With Eye to 2024Brent slipped toward $83 a barrel ...

Asian shares climbed Friday following a day of record highs in Japanese, US and European markets after demand for AI-powering chips drove tech gains. The Nvidia and AI excitement prompted a broader rally in tech shares, with Wall Street and eurozone indices hitting fresh records.

The Hong Kong stock market has moved higher in three straight sessions, accelerating almost 600 points or 3.6 percent along the way. The Hang Seng Index now sits just beneath the 16,750-point plateau and it's tipped to open in the green again on Friday.

Oil prices fell on Friday after a US Fed official said interest rate cuts should be delayed at least two more months, but indications of healthy demand and concerns over supplies could boost prices in the coming days. Brent crude futures were down 38 cents, or 0.5%, at $83.29 a barrel at 0524 GMT, while US West Texas Intermediate crude futures were 40 cents, or 0.5%, lower at $78.21, Reuters said.

The Singapore stock market bounced higher again on Thursday, one day after ending the four-day winning streak in which it had rallied almost 110 points or 3.2 percent.

(RTTNews) - The Taiwan stock market rebounded on Thursday, one day after ending the two-day winning streak in which it had climbed almost 150 poin...

Oil prices fell on Friday after a U.S. Fed official said interest rate cuts should be delayed at least two more months. U.S. Federal Reserve policymakers should delay interest rate cuts by at least another couple of months to see if a recent uptick in inflation signals stalling progress toward price stability or is just a bump in the road, Fed Governor Christopher Waller said on Thursday. Higher interest rates for longer slow economic growth, which curbs oil demand.

Oil rose to near the top of its recent trading range after a smaller-than-expected increase in US crude stockpiles added to signs of a tightening physical ...

Western Texas Intermediate (WTI), the US crude oil benchmark, is trading around $78.00 on Friday.

Asian shares climbed Friday following a day of record highs in Japanese, US and European markets after demand for AI-powering chips drove tech gains.