Oil on track for back-to-back gain on China stimulus, lingering Middle East worries

Date:

October 22, 2024

Oil futures moved higher Tuesday, attempting to claw back steep losses suffered last week, with prices supported by a more upbeat prospects for Chinese demand and ongoing concerns that a broader Middle Eastern conflict that could threaten crude flows from the region.

Source link

Buenos Aires launches QuarkID, a digital identity service using ZK proofs

Former Abercrombie & Fitch chief Mike Jeffries arrested on federal sex trafficking charges

Alexandra Williams

Alexandra Williams is a writer and editor. Angeles. She writes about politics, art, and culture for LinkDaddy News.

Oil on track for back-to-back gain on China stimulus, lingering Middle East worries

Recent posts

Cigna’s PBM Express Scripts sues the FTC, seeking retraction of drug-cost report

Starbucks stock rallies on hopes of a turnaround under its new CEO — the head of Chipotle Mexican Grill

Campbell’s is getting a new CEO. Analysts say he could face these ‘uncertainties’ as Trump takes office.

Inflation threatens Fed rate-cut expectations once again. Here’s why.

GM and Hyundai to explore cooperating on vehicles, supply chain and clean-energy technology

Another billionaire investor positions for a Trump win. He’s placing ‘inflation trades.’

AMC and Cinemark rode ‘incredible’ Black Friday box office surge, research finds

The owner of Bed Bath & Beyond and Overstock says it’s winning back customers, and shares are rallying

Novavax’s stock slides 16% after FDA puts clinical hold on COVID and flu vaccine candidates

Skydance reportedly accuses Paramount committee of violating merger deal

Hint of ‘very high’ consumer inflation expectations raises risks for Treasury market

Treasury’s stable coupon, auction sizes at risk from U.S. election results

GameStop’s stock continues its rise, registering longest winning streak in four months

Victoria’s Secret says it won these ‘major moments’ as it bumps full-year sales forecast

Liquor giant Brown-Forman’s stock rises as it signals growth ahead despite market challenges

Related articles

Cocoa’s the best-performing commodity in 2024 — and even beat bitcoin. What’s next.

As the wealthy keep spending, here’s why the middle class is in for a tough 2025

How this Treasury-market dynamic could lead to the next big leg lower in stocks

As Teamsters go on strike, Amazon and its investors are trying to shrug it off

Oil may ‘collapse’ below $50 a barrel in 2025 if this perfect storm hits the market

New investigation rips Amazon’s safety record. That’s not slowing the tech giant’s stock.

U.S. oil prices drop nearly 1% on weak Chinese retail-sales data

UnitedHealth Group CEO says healthcare needs fixing. Start with these 3 problems in claims and patient costs, experts say.

Company

Follow us