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Oil price stable as supply problems in Libya offset less-than-expected US inventory reductions

Aug 29 (Reuters) – Oil prices steadied on Thursday after two sessions of losses as supply concerns about Libya returned to focus, while a smaller-than-expected draw in U.S. crude inventories dampened demand expectations. Brent crude futures fell 7 cents, or…

Stock prices fall slightly, oil price rises due to supply concerns in the Middle East and Libya

Article 1 of 3 Traders work on the trading floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 3, 2024. REUTERS/Brendan McDermid/File Photo (1/3)Traders work on the trading floor of the New York Stock Exchange…

TSX hits record high as Fed chief approves rate cuts

TSX closes with a plus of 1.1% at 23,286.08 Records a record closing value Financial stocks rise by 1.2 percent Energy gains 1.1 percent; oil up 2.5 percent Aug 23 (Reuters) – Canada’s main stock index rose to a record…

Toronto stock exchanges close lower as rail closures threaten economy

TSX closes 0.4% down at 23,037.47 Two of the largest railway operators lock out their workers TD Bank reports quarterly loss Commodity sector loses 1.6 percent, technology sector 1.5 percent TORONTO, Aug 22 (Reuters) – Canada’s main stock index fell…

Gold prices hover near record after US Federal Reserve minutes

The price of gold reached a record high of $2,531.60 on Tuesday Dollar falls to more than seven-month low Yield on 10-year US Treasury bonds falls to more than 2-week low Palladium reaches more than one-month high Aug 21 (Reuters)…