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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…

Share prices unchanged ahead of Nvidia earnings and US economic data

Wall Street indices slightly down Nvidia earnings expected after market close Dollar recovers Gold price falls Crude oil falls NEW YORK/LONDON, Aug 28 (Reuters) – Global stock markets fell while the U.S. dollar recovered on Wednesday ahead of the release…

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…

After work on the pipeline, Exxon ships resume oil production in Guyana

GEORGETOWN, Aug 26 (Reuters) – An Exxon Mobil (XOM.N)opens new tab The consortium’s crude oil production in Guyana has been fully restored at two floating production facilities after workers completed the connection of a natural gas pipeline, a company spokesman…

Global stock prices rise on Fed interest rate cut bets

Article 1 of 2 LSEG signage is seen on screens in the lobby of the London Stock Exchange in London, Britain, May 14, 2024. REUTERS/Hannah McKay/File Photo (1/2)LSEG signage is seen on screens in the lobby of the London Stock…