BUSINESS

More news
A money changer counts U.S. dollar banknotes at a currency exchange office in Ankara, Turkey November 11, 2021.

Dollar Dips To End Trading Week But Set For Weekly Gain

The dollar slipped on Friday as a rally in equities contributed to a risk-on mood, but was still set for a sixth straight week of gains as investors remained concerned about slowing global growth and Federal Reserve policy tilting the United States into a recession.
Storage tanks are seen at Marathon Petroleum's Los Angeles Refinery, which processes domestic & imported crude oil into California Air Resources Board (CARB), gasoline, diesel fuel, and other petroleum products, in Carson, California, U.S., March 11, 2022

Oil Jumps 3% As U.S. Gasoline Prices Hit Record

Oil prices rose about 3% on Friday as U.S. gasoline prices jumped to an all-time high and on fears supplies would tighten further if the European Union bans Russian oil after Moscow this week sanctioned European units of state-owned Gazprom.
Storage tanks are seen at Marathon Petroleum's Los Angeles Refinery, which processes domestic & imported crude oil into California Air Resources Board (CARB), gasoline, diesel fuel, and other petroleum products, in Carson, California, U.S., March 11, 2022

Oil Climbs Even As Weaker Demand Concerns Cap Gains

Oil prices firmed in early trade on Friday but were headed for their first weekly losses in three weeks as worries about inflation and China's COVID lockdowns slowing global growth outweighed concerns about dwindling fuel supply from Russia.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.