• Nov 28, 2024

Oil up as Israel, Hezbollah trade accusations of ceasefire violation

(Reuters) -Oil prices ticked up on Thursday after Israel and Lebanese armed group Hezbollah traded accusations that their ceasefire had been violated, and as Israeli tanks fired on south Lebanon. OPEC+ also delayed by a few days a meeting likely to extend production cuts. Brent crude futures edged up by 34 cents, or 0.5%, to $73.17 a barrel by 2026 GMT.

  • Nov 28, 2024

Oil Holds Steady in Thin Trading Ahead of Key OPEC+ Meeting

(Bloomberg) -- Oil held steady as trading thinned during the US Thanksgiving holiday, with the market looking ahead to an upcoming OPEC+ meeting that has been delayed until Dec. 5. Most Read from BloombergIn Traffic-Weary Toronto, a Battle Breaks Out Over Bike LanesIn Italy’s Motor City, Car-Free Options Are GrowingNew York City’s ‘Living Breakwaters’ Brace for Stormier SeasWest Texas Intermediate was little changed below $69 a barrel in a choppy session, while global benchmark Brent traded abov

  • Nov 28, 2024

Trump Administration To Reportedly Let CFTC Regulate Bitcoin, Ethereum Spot Market, Is The SEC Set To Lose Its Grip Over Crypto?

The incoming Donald Trump administration is reportedly planning to extend the regulatory power of the Commodity Futures Trading Commission to oversee a major portion of the cryptocurrency market. Don't Miss: Inspired by Uber and Airbnb – Deloitte's fastest-growing software company is transforming 7 billion smartphones into income-generating assets – with $1,000 you can invest at just $0.26/share! If you invested $100 in DOGE when Elon Musk first tweeted about it in 2019, here’s how much you’d ha

  • Nov 27, 2024

Banxico Members Float Bigger Key Rate Cuts on Inflation Outlook

(Bloomberg) -- Mexico’s central bank signaled willingness to consider bigger interest rate cuts without setting a specific time-frame for doing so, as closely-watched core inflation continues to slow.Most Read from BloombergIn Traffic-Weary Toronto, a Battle Breaks Out Over Bike LanesIn Italy’s Motor City, Car-Free Options Are GrowingNew York City’s ‘Living Breakwaters’ Brace for Stormier Seas“Considering the current levels of core inflation and the expectation that it will continue declining, a