Page 82 - Texas Intermediate News Today

Global oil market may continue to see sharp swings in crude oil prices following signs of possible escalation of tension in the Middle East.

Oil prices extended gains on Wednesday after industry data showed a surprise drop in US crude stocks last week, a positive sign for demand, though markets were also keeping a close eye on hostilities in the Middle East. Brent crude futures rose 26 cents, or 0.29%, to $88.68 a barrel and US West Texas Intermediate crude futures climbed 26 cents, or 0.31%, to $83.62 a barrel at 0634 GMT, Reuters reported.

LONDON: Oil prices steadied above $88 a barrel on Wednesday after rallying in the previous session on a surprise...

Oil Prices Climb Amid US Stocks Decline, Middle East Conflict

Currency settles at 278.39 against greenback in inter-bank market

NEW YORK: Oil prices were moderately lower on Wednesday as worries over conflict in the Middle East eased and...

(Bloomberg) — Big tech sold off in late hours after Meta Platforms Inc.’s disappointing outlook raised concern on whether the industry that has powered the bull market in equities has run too far. A $250 billion exchange-traded fund tracking the Nasdaq 100 (ticker: QQQ) got hit after the close of regular trading as the Facebook…

Asian equities extended the weeks gains Wednesday following a strong rally on Wall Street and another record in London, as traders cheered more upbeat earnings reports and data indicating a

(Bloomberg) — Big tech sold off in late hours after Meta Platforms Inc.’s disappointing outlook raised concern on whether the industry that has powered the bull market in equities has run too far. A $250 billion exchange-traded fund tracking the Nasdaq 100 (ticker: QQQ) got hit after the close of regular trading as the Facebook…

Asian equities extended the weeks gains Wednesday following a strong rally on Wall Street and another record in London, as traders cheered more upbeat earnings reports and data indicating a