Oil, Wheat, Nickel Storm Higher On Fears Of Supply Chaos
Commodity prices went on the rampage on Monday as industrial buyers and traders scrambled to source raw materials hit by supply disruptions caused by Russia's invasion of Ukraine.
With Oil Market In Turmoil, Energy Execs Urge More Output, Security
Oil-and-gas leaders advocated at an industry conference on Monday for increased security of energy supply and more fossil fuel production, while the U.S.
As Oil Prices Soar, Energy Execs Want Security, Alternatives To Russia
Oil-and-gas leaders advocated at an industry conference on Monday for a combination of more fossil fuel production and renewable energy sources to reduce reliance on places like Russia as oil prices soared following that nation's invasion of Ukraine.
Dollar Edges Higher As Surging Energy Prices Prompt Safe-haven Flows
The U.S. dollar rose on Monday, lifted by safe-haven flows, as investors weighed the effects on global economic growth of oil prices that hit 14-year highs after the United States and European allies considered banning Russian crude imports.
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Oil Surges, Shares And Euro Hit The Skids
Oil prices soared and shares sank in hectic trading on Monday as the risk of a U.S.
Oil, Commodities Surge Amid Selloff In Global Shares
Oil and other commodities prices soared while global shares tanked on Monday as the United States said it was willing to ban Russian oil imports, stoking investor fears over inflation and slowing economic growth.
Oil Leads Commodities Charge As Global Shares Tumble
Oil and other commodities prices soared while global shares sank on Monday as the risk of a U.S.
Oil Surges 10% In Asia, Euro On The Ropes
Oil prices soared more than 10% in hectic trading on Monday as the risk of a U.S.
Oil Prices Hit 14-year Highs On Russia Oil Ban Talks, Iran Deal Delay
Oil prices jumped on Monday to their highest levels since 2008 as the United States and European allies considered banning Russian oil imports while it looked less likely that Iranian crude would return switftly to global markets.
Oil Price Surges To Highest Since 2008 On Delays In Iranian Talks
Oil prices soared to their highest since 2008 due to delays in the potential return of Iranian crude to global markets and as the United States and European allies consider banning imports of Russian oil.
Oil Price Soars On Talks About Russia Oil Ban, Iran Deal Delay
Oil prices spiked to their highest levels since 2008 on Monday amid market supply fears as the United States and European allies considered banning Russian oil imports and prospects for a swift return of Iranian crude to global markets receded.
Oil Price Set To Surge Further On Iranian Talks Delays
Oil prices are set to surge further this week due to delays to the conclusion of Iranian nuclear talks and the potential return of Iranian crude to global markets, which are already suffering from Russian supply disruptions, analysts said.
Oil Spikes To 2008 Highs As U.S., Europe Mull Russian Oil Import Ban, Iran Delay
Oil prices soared more than 6%, touching their highest since 2008 on Monday after the United States and European allies mull a Russian oil import ban while delays in the potential return of Iranian crude to global markets fuelled tight supply fears.
Oil Price Spikes To $139 On Talks About Russia Oil Ban, Iran Deal Delay
Oil prices spiked to their highest levels since 2008 on Monday amid market supply fears as the United States and European allies considered banning Russian oil imports and prospects for a swift return of Iranian crude to global markets receded.
Brent Spikes To $139 On Prospect Of Russia Oil Ban, Delay In Iran Deal
Oil prices spiked to their highest levels since 2008 on Monday as the United States and European allies weighed a Russian oil import ban and delays in the potential return of Iranian crude to global markets fuelled supply fears.
Southern Europe Grapples With Changing Face Of Tourism
It took one electricity bill to crush Dimitris Diavatis' hopes that his Greek summer resort could bounce back to its pre-pandemic health this year, even with bookings pouring in.
S.Korea Will Implement Export Controls Against Belarus Over Support To Russia
South Korea will implement export controls against Belarus for "effectively supporting the Russian invasion of Ukraine", Seoul's foreign ministry said on Sunday.
China Defence Spending Rise To Outpace GDP Target This Year
China will spend 7.1% more on defence this year, outpacing last year's spending hike and the government's modest economic growth forecast as Premier Li Keqiang seeks to safeguard the country's sovereignty, security and development interests.
China Plans 7.1% Defence Spending Rise This Year, Outpacing GDP Target
China will spend 7.1% more on defence this year, outpacing last year's hike and the government's modest economic growth forecast as Premier Li Keqiang seeks to safeguard the country's sovereignty, security and development interests.
Speculators Pare Bullish U.S. Dollar Bets To Lowest Since Mid-Aug -CFTC, Reuters Data
Speculators' net long positioning in the U.S. dollar dropped in the latest week to the lowest level since mid-August 2021, according to calculations by Reuters and U.S.
Rate-hike Fears Abate But Ukraine Muddies Stock Market Outlook
Geopolitical worries are clouding the outlook for U.S.
The Evolving Post-COVID U.S. Job Market In Five Charts
In the two years since the COVID-19 pandemic upended the U.S.
Analysis-Global Banks Face Costly, Arduous Process To Exit Russia
Global banks face an arduous and costly process if they decide to close businesses in Russia, banking sources and experts say, complicating decisions over whether they should withdraw.
Yellen Says Biden Economic Plan To Spread Growth Across More 'Places And Races'
U.S. Treasury Secretary Janet Yellen said on Friday the Biden administration's economic agenda will not only expand the productive capacity of the U.S.
A Thaw In U.S. Jobs Market Could Be Good News For Fed's Inflation Battle
It was just a hint of something good on the horizon, Richmond Federal Reserve President Thomas Barkin said this week, but in his recent conversations with business officials they have been suddenly upbeat about the number of applicants for open jobs.
Bread Consumers To Swallow The Cost Of Russia-Ukraine War
Russia's invasion of Ukraine, one of the world's breadbasket nations, has driven wheat prices to 14-year highs, forcing bread consumers to eat the cost.
Julius Baer Halts Business With New Russian Clients -sources
Swiss wealth manager Julius Baer has halted any new business with wealthy Russians, two sources familiar with the bank's operations said, as European lenders try to limit their exposure to Russia's elite amidst tightening sanctions.
Palladium Sprints To $3,000/oz Mark As Russia Supply Fears Grow
Palladium extended its rally to near a 10-month high within striking distance of $3,000 an ounce on Friday, as concerns over supply shortages from top-producer Russia mounted and the war in Ukraine bolstered demand for safe-haven gold.
Global Recession Risks Rise After Russia Invades Ukraine: Kemp
U.S. and European economies are facing a heightened risk of a recession this year as Russia's invasion of Ukraine severely disrupts supply chains and causes inflation to accelerate to the fastest rate since the 1970s.
Column-Global Recession Risks Rise After Russia Invades Ukraine: Kemp
U.S. and European economies are facing a heightened risk of a recession this year as Russia's invasion of Ukraine severely disrupts supply chains and causes inflation to accelerate to the fastest rate since the 1970s.
Exclusive: EU Considering Curbing Russia's Rights In IMF Over Invasion- Sources
European Union officials are examining curbing Russia's influence and access to finance at the International Monetary Fund following its invasion of Ukraine, six officials told Reuters.
Palladium Set For Biggest Weekly Gain In 2 Years As Russia Supply Concerns Mount
Palladium extended gains on Friday, breaking above $2,800 an ounce mark en route to its biggest weekly gains in two years as concerns grew about supply shortfalls from Russia, while the war in Ukraine kept safe haven gold on firm ground.
Wall St Drops 1% As Ukraine Worries Eclipse Strong Jobs Data
Wall Street's main indexes lost more than 1% on Friday as concerns over the intensifying war in Ukraine overshadowed data that showed an acceleration in jobs growth last month.
Wall Street Drops As Ukraine Worries Eclipse Strong Jobs Data
Wall Street's main indexes fell in a broad decline on Friday as the intensifying war in Ukraine overshadowed an acceleration in jobs growth last month that highlighted the strength of the U.S.
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