Page 27 - Texas Intermediate News Today

The national and Oregon averages for a gallon of gas continue their pokey declines. Weak demand for gas in the U.S. and crude prices below $80 per barrel are

Asian stocks fell on Friday, while the dollar advanced as strong U.S. economic data bolstered the prospect of interest rates staying higher for longer and the Federal Reserve taking its time in... -May 23, 2024 at 10:05 pm EDT - MarketScreener

Oil prices were stable on Friday as investors considered the latest comments from the U.S. Federal Reserve on interest rates amid sticky inflation, while signs of firming seasonal U.S. fuel demand...

Brent crude futures were up 1 cent to $81.37 a barrel. West Texas Intermediate (WTI) oil futures for the United States were down 2 cents at $76.85.

Asian stocks fall on speculation of delayed Fed rate cuts; US approves Ethereum ETFs; eyes on UK retail sales, US consumer confidence.

Indian benchmark equity indices Nifty and Sensex hit fresh record highs on Friday, led by banking and financial stocks, despite robust U.S. economic data.

Nvidia soared a day after reporting earnings, but the rest of the market flailed as new data reinforced fears of interest rates staying high.

Currency settles at 278.21 against the greenback in inter-bank market

Oil: Brent crude futures were up 92 cents, or 1.1%, at USD 82.82 a barrel by 1317 GMT. U.S. West Texas Intermediate crude (WTI) futures were 97 cents, or 1.3%, higher at USD 78.54. Both benchmarks fell more than 1% on Wednesday for their third straight day of losses.

LONDON: Oil prices were stable on Friday but poised to show a weekly loss under pressure from lingering concerns...