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Oil Edges Lower After Jumping on U.S. Crude Stockpiles Draw

Apr 15 2021, 10:55 AM
April 15 2021, 7:19 AM
April 15 2021, 10:55 AM
(Bloomberg) Oil was steady in Asia after jumping almost 5% on Wednesday as U.S. stockpiles data added to signs the demand outlook is improving.
(Bloomberg) Oil was steady in Asia after jumping almost 5% on Wednesday as U.S. stockpiles data added to signs the demand outlook is improving.
Futures in New York traded near $63 a barrel after closing higher for a third day, the longest run of gains in more than a month. U.S. crude inventories dropped the most in almost two months last week, while a gauge of gasoline demand ticked higher for a seventh straight week. The bullish data followed upbeat assessments by OPEC and the International Energy Agency. ....

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Demand for Crop Data Grows in Brazil

Demand for Crop Data Grows in Brazil
As Brazil grows into the worldâs largest supplier of soybeans, more producers there are using technology to connect to global markets.
Author:
Apr 14, 2021 8:00 AM EDT
As Brazil grows into the worldâs largest supplier of soybeans, more producers there are using technology to connect to global markets.
Brazil is now the world’s top soybean supplier as farmers boost crop yields and expand the land dedicated to soybean sowing.
Like any sector that’s seen rapid growth, Brazil’s agriculture has seen challenges. One of the biggest obstacles for farmers has been obtaining access to accurate and timely price data. Traditionally, farmers call grain buyers for price information and to make critical business decisions. ....

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Futures Point To Higher Open For Wall Street

Futures Point To Higher Open For Wall Street
BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - Early signs from the U.S. Futures Index suggest that Wall Street might open positive on Wednesday.
The Beige Book, Import and Export Prices for March, and Business Inflation Expectations for April as well as a slew of Fed Speeches including that of Fed Chairman Jerome Powel might influence the investor sentiments today.
Asian shares finished mixed, while European shares are trading up.
As of 7.50 am ET, the Dow futures were adding 9.00 points, the S&P 500 futures were gaining 5.00 points and the Nasdaq 100 futures were up 53.00 points. ....

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Futures Pointing To Modestly Higher Open On Wall Street

WASHINGTON (dpa-AFX) - After ending the previous session mostly higher, stocks may see further upside in early trading on Wednesday. The major index futures are currently pointing to a modestly ....

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J&J, Nvidia, Bitcoin, GameStop: 5 Things You Must Know

1. Stock Futures Fluctuate Ahead of Inflation Data
Stock futures turned lower Tuesday after federal health agencies saif they would call for a pause in the use of Johnson & Johnson’s (
JNJ) - Get Report single-dose coronavirus vaccine after rare clotting cases in six recipients in the United States.
Contracts linked to the Dow Jones Industrial Average fell 134 points, S&P 500 futures were down 13 points and futures on the tech-heavy Nasdaq fell 20 points.
Investors Tuesday awaited inflation data to determine what risks a bump up in consumer prices might have on a U.S. economic recovery.
Wall Street also was preparing for the start of first-quarter earnings season and a Treasury auction of 30-year bonds after sales of three- and 10-year notes were met with slightly lower demand than previous auctions. ....

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