Page 40 - Gary Cunningham News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Oil surpassed $65 a barrel amid signs of strengthening demand from the USA and China. (Bloomberg) -- Oil surpassed $65 a barrel, the highest since mid-March, as signs of strengthening demand from the U.S. to China stoked optimism that key markets are turning a corner in their recovery from the pandemic. U.S. benchmark crude futures rose 1.8% on Thursday for a third straight daily gain. Major cities in the U.S. are coming out of lockdown, with New York City aiming to fully reopen July 1 and Chicago broadly easing restrictions across industries. In Europe, the U.K.’s road-fuel sales are ne...

Jamie Murray's Top Picks: April 26, 2021 JPMorgan is preparing to offer a bitcoin fund to wealthy clients Biden to set US$1M threshold for capital gains tax hike Wall Street splits on dollar’s fate amid economic growth debate China’s biggest IPO this year looks to be in renewable power What rotation? Some winning COVID stocks thrive amid reopening Wall Street’s trillion-dollar ESG club comes with huge tax perks Darren Sissons' Top Picks: April 23, 2021 A baseball card SPAC shows why distressed investing is so hard Archegos thwarts Nomura's push to join Wall Street elite Citi re...

Oil slipped with the rapid coronavirus resurgence in India and other countries casting a cloud around a return to normal consumption. (Bloomberg) -- Oil slipped with the rapid resurgence of Covid-19 in India and other countries casting a cloud around a return to normal consumption, even as OPEC+ projected a strong global demand recovery this year. Futures in New York closed 0.4% lower on Monday. While an OPEC+ technical committee raised its global oil demand growth forecast for 2021 to 6 million barrels a day and said most of the fuel inventory glut accumulated during the pandemic will have d...

Oil Set for Weekly Loss With Market Facing Patchy Demand Rebound Bloomberg 1 hr ago Andres Guerra Luz (Bloomberg) -- Oil headed for a weekly decline with spreading coronavirus cases in countries such as India tempering optimism around positive economic data in the U.S. and Europe. Popular Searches Futures in New York pared gains on Friday after briefly surging as much as 1.6% in a choppy trading session. U.S. benchmark crude is headed for a roughly 2% weekly decline, as progress toward a global economic reopening comes in fits and starts. While the outlook is firming up in t...

Oil edged higher with help from a weakening dollar. (Bloomberg) -- Oil edged higher with help from a weakening dollar while a worsening demand picture in parts of the world continued to hold back prices from another breakout. Futures in New York rose 0.4% Monday after trading in a $1 range during the session. Total road fuel sales in France remained lower compared to the same time in 2019, while a key refiner in India is slashing oil processing rates as the virus rapidly spreads and lockdowns pummel fuel use in the country. The Bloomberg Dollar Spot Index headed for the lowest since late Febr...