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Crude Oil Prices Slip On Friday
(RTTNews) - Crude suffered a weekly loss of more than 1 percent due to uncertainty over U.S. President Donald Trump's tariffs and their likely impact on global growth and fuel demand.
Trump's sweeping tariffs are now facing legal uncertainties, complicating the administration's broader economic agenda.
West Texas Intermediate crude for July delivery eased $0.18 or 0.30 percent to $60.76 a barrel.
Markets now await cues from an upcoming OPEC+ meeting on Saturday, where a further increase in oil production is anticipated.
Members of the oil cartel are expected to authorize another bumper production increase for July after agreeing 411,000 barrels-per-day hikes at the previous two meetings.
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Sensex, Nifty Give Up Early Gains
Indian shares gave up early gains to trade on a flat note Monday amid escalating trade tensions with the United States.
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46 minutos atrás
Australian Market Maintains Early Gains In Mid-market
The Australian stock market is maintaining its early gains in mid-market trading on Monday, reversing the losses in the previous two sessions, following the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is staying above the 8,800.00 level, with gains in iron ore miners, energy and financial stocks partially offset by weakness in gold miners and technology stocks
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1h 55min atrás
Asian Markets Track Wall Street Higher
Asian stock markets are trading mostly higher on Monday, following the broadly positive cues from Wall Street on Friday, amid increasing optimism about the US Fed cutting interest rate in August based on last week's weak economic data. Traders shrugged off concerns about the economic impact of US President Donald Trump's "reciprocal tariffs" targeting more than 90 trading partner nations.
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1h 59min atrás
Sensex, Nifty Seen Slightly Higher At Open
Indian shares look set to open slightly higher on Monday after six straight weeks of losses for key benchmark indexes Sensex and Nifty.
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2h 26min atrás
Indonesia Bourse May Add To Its Winnings On Monday
The Indonesia stock market on Friday snapped the two-day slide in which it had slipped more than 25 points or 0.3 percent. The Jakarta Composite Index now sits just above the 7,530-point plateau and it may extend its gains on Monday.
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3h 43min atrás
Higher Open Called For Hong Kong Stock Market
The Hong Kong stock market on Friday wrote a finish to the four-day winning streak in which it had rallied more than 570 points or 2.4 percent. The Hang Seng Index now rests just above the 24,850-point plateau although it may bounce higher again on Monday.
RTTNews
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3h 58min atrás
Australian Market Modestly Higher
The Australian stock market is modestly higher on Monday, reversing the losses in the previous two sessions, following the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is staying above the 8,800.00 level, with gains in iron ore miners, energy and financial stocks partially offset by weakness in gold miners and technology stocks.
RTTNews
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3h 59min atrás
Mild Upside Seen For China Stock Market
The China stock market on Friday halted the four-day winning streak in which it had gathered almost 80 points or 2.4 percent. The Shanghai Composite Index now sits just above the 3,635-point plateau although it may tick higher again on Monday.
RTTNews
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4h 13min atrás
