Crude Oil Prices Recover Slightly But Remain Lower
Crude oil prices, after a significant early plunge, have recovered some ground but remain sharply lower. November delivery crude oil was last trading down $1.17, or 1.3 percent, at $91.70 a barrel.
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Crude oil prices, after a significant early plunge, have recovered some ground but remain sharply lower. November delivery crude oil was last trading down $1.17, or 1.3 percent, at $91.70 a barrel.
Reuters columnist Clyde Russell says Asian seaborne thermal coal demand and supply are both declining only gradually, with China and India set to moderate imports and Indonesian output a key variable.
Reuters Asia morning markets round-up for Sept. 30 showed global equities mostly lower, with major bond yields elevated and currencies mixed. Gold rose 1% after a recent low, while Brent crude fell.
Stock markets were mixed across Asia and elsewhere on Tuesday as bond yields extended recent gains. Gold rose 1%, while the dollar strengthened against major currencies.
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Crude prices are holding onto earlier gains after the updated EIA weekly petroleum inventory data amid focus on US-Iran talks and Saudi supplies. US diesel cracks are still down on the day with data showing a small drop in distillates stocks and lower exports on the week. US gasoline cracks have fallen slightly back cl
Highlights: * Xi Jinping heads to Washington, meetings with Trump in focus * Flash PMI data in focus, as well as more Fedspeak * USD strength pervades, putting key levels in both GBPUSD and USDMXN into view US TSYS: Paring Gains, Flash PMIs Ahead, Trump Welcomes Xi Tonight: s-xi-tonight-1790161492747 Treasuries are mil
EXECUTIVE SUMMARY * TRUMP HAILS IRAN TALKS EVEN AS TEHRAN SETS 'FIRM POSITIONS': #0244e48b-2945-4b3b-8085-728a924ddf38 * ZELENSKY ASKS TRUMP FOR WINTER ARMS PACKAGE, EXPECTS ENERGY-CEASEFIRE PUSH: WSJ: #cddd3044-ae77-4efa-9233-fb28b1e6f368 * NAGEL SAYS 'VIGILANT' ECB MAY NEED MILDLY RESTRICTIVE RATES: #13be4029-5b8c-40