Page 7 - Norbert Ruecker News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Par Laetitia Volga PARIS (Reuters) - Wall Street est attendue sans grand changement à l'ouverture mardi et les Bourses européennes évoluent en

Oil Falls Most in a Week With Stronger U.S. Dollar Cooling Rally Bloomberg 3/8/2021 (Bloomberg) -- Oil fell the most in a week as the dollar strengthened and investors shrugged off an attack on the world’s largest crude terminal in Saudi Arabia. Global benchmark Brent futures slid 1.6% on Monday after earlier surging above $71 a barrel. The Bloomberg Dollar Spot Index rose as much as 0.5% on Monday, reducing the appeal of commodities priced in the currency. Meanwhile, the market looked past an assault on a storage tank farm at the Ras Tanura terminal on Sunday, with Saudi Arabia saying t...

Oil price settles near $70 as traders shrug off Saudi terminal attack By Sharon Cho and Alex Longley on 3/8/2021 Workers at a Saudi Aramco production facility SINGAPORE (Bloomberg) - Brent oil erased gains as the market shrugged off an attack on the world’s largest crude terminal in Saudi Arabia. Futures in London earlier surged above $71 a barrel, the highest since January 2020, before retreating to trade little changed. The assault on a storage tank farm at Ras Tanura on Sunday was intercepted, Saudi Arabia said, and oil output appeared to be unaffected....

This year's oil rally has paved the way for the alliance to unleash some barrels, with OPEC Secretary-General Mohammad Barkindo saying on Tuesday that both the wider economic outlook and oil-market fundamentals continue to improve.

Oil set for steady gains as economies shake off pandemic blues – Reuters poll Oil prices will stage a steady recovery this year as vaccines reach more people and speed an economic revival, with further impetus coming from stimulus and output discipline by top crude producers, a Reuters poll showed on Friday. The survey of 55 participants forecast Brent crude would average $59.07 per barrel in 2021, up from last month’s $54.47 forecast. Brent has averaged around $58.80 so far this year. “Travel and leisure activity look set to catch up to buoyant manufacturing activity due to the mix of ...