Tag: oil retreats
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Stocks climb as oil retreats, Fed calms inflation fears
The US Fed raised interest rates to control inflation, despite US President Donald Trump calling for lower rates.
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Bonds, stocks selloff pauses as oil retreats from multi-month high
LONDON, Sept 11 : A selloff in global bond and equity markets took a breather on Friday as oil prices retreated from a four-month high, though the recent surge in energy costs continued to fuel inflation worries and expectations that central banks may need to tighten policy.Brent crude hit a four-month high o
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Oil retreats from above $100, but set for weekly rise on Middle East escalation
LONDON, July 24 : Oil futures prices fell over 3 per cent on Friday but are still set for hefty weekly gains because of concerns about disrupted energy flows in the Red Sea and fears of further escalation in the U.S.-Israeli war with Iran. Brent futures fell nearly $4, or 3.96 per cent, to $96.70…
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