Oil prices remain on track for weekly gains ahead of U.S. inflation data

Date:

Share post:




Oil futures advanced on Friday morning, with both U.S. and global benchmark prices headed for weekly gains as investors awaited the release of U.S. inflation data that may provide further clues on when the Federal Reserve’s interest-rate cuts might occur.



Source link

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

Recent posts

Related articles

Bed Bath & Beyond’s new parent company says it’s still working on winning back repeat customers

Shares of Beyond Inc. — the parent of Overstock and Bed Bath & Beyond — fell after...

Hims & Hers shares rally as forecast bumped higher and more profitability said to be ahead

Shares of Hims & Hers Health Inc. rose after hours on Monday after the online wellness...

History shows quiet weeks for economic data are often the best weeks for stocks. Here’s what to watch.

U.S. stocks were rising on Monday, kicking off what promises to be a relatively quiet week for...

Tyson Foods’ stock rallies as strength in beef and pork sales fuel a profit beat

Shares of Tyson Foods Inc. climbed toward a 15-month high in premarket trading Monday, after the meats...

Freshpet’s stock jumps toward a multiyear high after an unexpected quarterly profit

Freshpet’s stock ran up in premarket trading Monday, heading toward a high not seen since 2021, after...

Former CEO Howard Schultz says Starbucks needs to overhaul its customer experience

A week after Starbucks Corp. reported disappointing quarterly earnings and a gloomy annual forecast, its former chief...

Paramount reportedly approves buyout talks with Sony, Apollo

Paramount Global has formally begun negotiations with a buyout group led by Sony Pictures Entertainment and Apollo...

SEC charges firm that audits Trump’s Truth Social with ‘massive fraud’ affecting hundreds of filings

The regulatory agency said that hundreds of audits done by BF Borgers CPA PC contained “deliberate and...