Oil Prices Slide on Disappointing China, US Economic Data, Despite IEA’s Demand Forecast

[ad_1] Last Updated: May 16, 2023, 23:47 IST Both benchmarks rose more than 1% on Monday, reversing a three-session losing streak. (Image: Reuters File) Brent crude futures were down 30 cents to $74.93 a barrel by 12:57 p.m. EDT (1657 GMT), while U.S. West Texas Intermediate crude edged down 22 cents to $70.89 Oil futures … Read more

US Treasury Tields Dip as Investors Grow Jittery About Debt Ceiling Deadline; Megacaps Weigh on Nasdaq

[ad_1] Last Updated: April 25, 2023, 01:14 IST European stocks closed essentially unchanged ahead of potentially market-moving earnings reports, which include a stream of European banks aside from U.S. megacaps.(Representative image) Earnings this week include a spate of potential market movers, including tech and tech-adjacent Alphabet Inc, Microsoft Corp, Meta Platforms Inc and Amazon.com Wall … Read more