Stocks and oil rise on hopes of looser COVID restrictions in China

Stocks and oil rise on hopes of looser COVID restrictions in China

Euro STOXX 600 up 0.4% Oil prices rebound on Chinese hopes, talk of production cuts The dollar falls as investors seek riskier assets Chinese property stocks rose on political support http://tmsnrt.rs/2yaDPgn LONDON/SYDNEY, Nov 29 (Reuters) – Stocks and oil rose on Tuesday on hopes that public unrest in China could prompt an earlier easing of … Read more

Oil prices erase 2022 gains as Chinese protests raise demand concerns

Oil prices erase 2022 gains as Chinese protests raise demand concerns

WTI is at its lowest since December 2021, Brent at its lowest since January 2022 Clashes in Shanghai as COVID protests across China Investors are focused on the next OPEC+ meeting on December 4 Nov 28 (Reuters) – Oil prices fell to near their lowest this year on Monday as street protests against strict COVID-19 … Read more

China’s anti-blockade protests roil stocks, oil

China’s anti-blockade protests roil stocks, oil

China reports record new local cases of COVID Commodities caught on sale The dollar extends gains against the yuan SYDNEY/LONDON, Nov 28 (Reuters) – Shares and commodity prices suffered a broad sell-off on Monday as isolated protests in major Chinese cities against the zero-epidemic country’s strict restrictions hit growth expectations in the world’s second-largest economy. … Read more

Bird flu outbreak kills 50.54 million US birds, a record

Bird flu outbreak kills 50.54 million US birds, a record

CHICAGO, Nov 24 (Reuters) – Bird flu has killed 50.54 million birds in the United States this year, making it the deadliest outbreak on record, data from the U.S. Department of Agriculture showed on Thursday. The deaths of chickens, turkeys and other birds represent the worst animal health disaster in the US to date, surpassing … Read more

Oil muted as price cap proposal eases supply concerns

Oil prices erase 2022 gains as Chinese protests raise demand concerns

G7 Russian oil price ceiling could be above current trading levels EIA gasoline inventory data shows higher-than-expected production volume China’s COVID-19 controls are tightening Nov 24 (Reuters) – Benchmark Brent crude fell slightly on Thursday, while West Texas Intermediate (WTI) crude held steady and hovered within sight of two-month lows as the level of a … Read more

Oil prices traded near two-month lows on concerns about Chinese demand, dollar strength

Oil prices traded near two-month lows on concerns about Chinese demand, dollar strength

Brent and WTI contracts were earlier down around $1 a barrel Beijing districts close schools as COVID cases rise in China A higher dollar weighs on prices LONDON, Nov 21 (Reuters) – Oil prices fell to near two-month lows on Monday, having previously fallen by about $1 a barrel, as supply concerns eased, while worries … Read more

‘Playing with fire’: UN warns as team to inspect damage at Ukraine nuclear plant

‘Playing with fire’: UN warns as team to inspect damage at Ukraine nuclear plant

The head of the IAEA warns: “You are playing with fire!” after the explosions Russia and Ukraine accuse of shelling President Zelensky says heavy artillery hit the eastern region Zelenskyy says the “wildest battles” in the Donetsk region LONDON/LVIV, Ukraine, Nov 21 (Reuters) – The head of the U.N. nuclear watchdog warned that whoever fired … Read more

Ukrainian nuclear power plant under fire, UN warns: “You are playing with fire!”

‘Playing with fire’: UN warns as team to inspect damage at Ukraine nuclear plant

The IAEA says 12 explosions rocked the Ukrainian power plant The plant is under the control of Russian forces Moscow and Kyiv accuse each other of shelling “You’re playing with fire!” – Head of the IAEA LONDON, Nov 20 (Reuters) – Shelling rocked Ukraine’s Russian-controlled Zaporizhia nuclear power plant on Sunday, prompting condemnation from the … Read more