Page 62 - Texas Intermediate News Today

Brent crude futures for July fell 47 cents, or 0.5%, at $85.86 a barrel by 0005 GMT. U.S. West Texas Intermediate crude for June declined 53 cents, or 0.6%, to $81.40 per barrel.

(Bloomberg) -- Oil extended a decline on the prospect a cease-fire in the Middle East will ease tensions and as signs of elevated inflation weigh on the outlook for US demand ahead of a Federal Reserve meeting.Most Read from BloombergHSBC CEO Quinn Unexpectedly Steps Down After Almost 5 YearsBinance and CZ’s Fortunes Are Set to Grow, Even in JailWall Street Hit by Fed Jitters to Close Wild April: Markets WrapPot Stocks Surge on Report DEA Set to Reclassify MarijuanaTesla Axes Most of Supe...

(Bloomberg) — Stocks in Asia dropped after renewed concerns about higher-for-longer US interest rates fueled a selloff on Wall Street, with all eyes on the Federal Reserve’s policy decision due later Wednesday.  Japan’s Nikkei 225 index slid after recording its worst month since December 2022. Australian shares also declined, with many markets in the region…

Light trading volumes are expected in Europe Wednesday with only London’s FTSE index open due to the May Day/Labour Day public holiday in the region.

(Bloomberg) — Stocks in Asia dropped after renewed concerns about higher-for-longer US interest rates fueled a selloff on Wall Street, with all eyes on the Federal Reserve’s policy decision due later Wednesday.  Japan’s Nikkei 225 index slid after recording its worst month since December 2022. Australian shares also declined, with many markets in the region…

The price reduction in 19 kg LPG cylinders across metros all over the country comes in the wake of the ongoing Lok Sabha Elections 2024. Check latest LPG cylinder rates here

Stocks dropped sharply as investors readjusted rate cut expectations ahead of the latest FOMC meeting.The latest labor cost data added to fears of a hot economy

The Employee Cost Index came in hotter-than-anticipated, jumping 1.2% against estimates of 1% growth.

US crude inventories rise 4.906m barrels in the week ended April 26

Asian stocks sank in holiday-thinned trade Wednesday, tracking a sharp sell-off on Wall Street after fresh US data dealt another blow to hopes the Federal Reserve will cut interest rates this year.