Oil prices rose on Tuesday, with Brent hitting $71 and trading at its highest since March, as expectations grew for increased fuel demand during the summer driving season in the United States, the world’s top oil consumer.
The dollar languished near multi-month lows versus major peers on Tuesday, as traders pondered the prospects for early policy normalisation by the Federal Reserve ahead of a key jobs report at the end of the week.
Finance ministers from the group of seven rich nations (G7) will vow this week to support their economies as they emerge from the pandemic and reach an “ambitious” deal on a minimum global corporate tax in July, a draft communique showed.
BP (BP.L) and Eni (ENI.MI) are in talks over the future of their oil and gas assets in Algeria as the two groups increase efforts to refocus their businesses to tackle falling margins, rising debt and climate pressures, three sources said.
Ahead of the Tokyo 2020 Olympics, the Japanese city of
The price of Tesla (TSLA.O) vehicles is increasing due to supply chain pressures across the auto industry, particularly for raw materials, Elon Musk said on Monday in response to a tweet.
Japan is considering requiring fans attending the Tokyo Olympics to show negative COVID-19 test results or vaccination records, the Yomiuri newspaper reported on Monday, as a new poll showed public opposition to the Games remained strong.
Intel Corp’s (INTC.O) CEO said on Monday it could take several years for a global shortage of semiconductors to be resolved, a problem that has shuttered some auto production lines and is also being felt in other areas, including consumer electronics.
China announced on Monday that each couple would be permitted
Egypt’s work to broker and secure a truce in the Gaza Strip this month has thrust it into the diplomatic spotlight, prompting top-level reengagement from Washington and overshadowing moves by several Arab states to normalise ties with Israel.
Oil prices rose on Tuesday, with Brent hitting $71 and trading at its highest since March, as expectations grew for increased fuel demand during the summer driving season in the United States, the world’s top oil consumer.
The dollar languished near multi-month lows versus major peers on Tuesday, as traders pondered the prospects for early policy normalisation by the Federal Reserve ahead of a key jobs report at the end of the week.
Finance ministers from the group of seven rich nations (G7) will vow this week to support their economies as they emerge from the pandemic and reach an “ambitious” deal on a minimum global corporate tax in July, a draft communique showed.
BP (BP.L) and Eni (ENI.MI) are in talks over the future of their oil and gas assets in Algeria as the two groups increase efforts to refocus their businesses to tackle falling margins, rising debt and climate pressures, three sources said.
Ahead of the Tokyo 2020 Olympics, the Japanese city of
The price of Tesla (TSLA.O) vehicles is increasing due to supply chain pressures across the auto industry, particularly for raw materials, Elon Musk said on Monday in response to a tweet.
Japan is considering requiring fans attending the Tokyo Olympics to show negative COVID-19 test results or vaccination records, the Yomiuri newspaper reported on Monday, as a new poll showed public opposition to the Games remained strong.
Intel Corp’s (INTC.O) CEO said on Monday it could take several years for a global shortage of semiconductors to be resolved, a problem that has shuttered some auto production lines and is also being felt in other areas, including consumer electronics.
China announced on Monday that each couple would be permitted
Egypt’s work to broker and secure a truce in the Gaza Strip this month has thrust it into the diplomatic spotlight, prompting top-level reengagement from Washington and overshadowing moves by several Arab states to normalise ties with Israel.
© | All rights reserved.
