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Posted 19/05/2023

Oil Rises on Debt Ceiling Optimism, Offsetting Recession Concerns

Early Friday Asian trade showed a rise in oil prices, and prices looked set...

Posted 18/05/2023

Oil Prices Edge Lower as US Debt Optimism Offsets Growing Crude Inventory

After posting significant gains the previous session, oil prices drifted lower on Thursday as...

Posted 17/05/2023

UBS Expects $17 Billion Financial Impact from Credit Suisse Takeover

UBS Group AG said that it expects a financial hit of about $17 billion...

Posted 17/05/2023

Biden and McCarthy Still Cannot Get Debt-Ceiling Deal Done

The U.S. President Joe Biden met with the House Speaker Kevin McCarthy on Tuesday...

Posted 15/05/2023

Oil Prices Down as Eonomic Fears Outweigh Tighter Supplies

Oil prices fell in early trending on Monday as worries about fuel consumption in...

Posted 12/05/2023

US April Producer Prices Rise at Smallest Annual Pace in Over Two Year

Inflationary pressures in the United States continued to decline in April as producer prices...

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