Oil swings to loss as deep Saudi price cut offsets Yemen concern
Brent for December settlement fell 0.6% to $101.66 a barrel at 1:30 p.m. in Singapore.
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Brent for December settlement fell 0.6% to $101.66 a barrel at 1:30 p.m. in Singapore.
We haven't written up this one. Moneyweb has the full story — the link below goes straight to it.
ING’s Warren Patterson notes that ICE Brent has repeatedly dipped below $100/bbl but continues to settle above this level as the market weighs conflicting supply and geopolitical factors.
Mumbai: Gold prices fell while silver moved higher in trade on Monday, as changes in the US dollar and geopolitical uncertainty influenced the bullion market .
The US dollar strengthened against major currencies, supported by continued gains in Treasury yields and a weaker euro.
TOKYO: Japan’s Nikkei share average rose more than 2% to a three-month high on Monday, boosted by AI-related stocks, following gains on Wall Street at the end of last week.
Buyout firm Boyu Capital is considering a sale of medical device maker Quasar Medical, according to people familiar with the matter.