Texas winter weather raises the price of oil

The southern United States were hit by an extreme cold weather system last week.   The unusually low temperatures led to a shortage...

Oil Inventories Unexpectedly Rise by 1.026M Barrels Last Week: API

By Yasin Ebrahim Investing.com - U.S. oil stockpiles unexpectedly rose last week despite a cold snap sweeping across Texas that shut in production across the...

Oil Slides After Swinging Over U.S. Outlook, Texas  

Investing.com - Crude prices settled lower on Tuesday as mixed projections over the U.S. economic outlook caused gyrations in a market that continued to...

Gold price drops

Investors trading gold on the commodity market, who assumed a continuing upward trend in the price of investment gold, are now counting...

Huawei 2020 revenue ticks up despite U.S. sanctions, chairman says

By Josh Horwitz SHANGHAI (Reuters) - Huawei Technologies saw slight revenue and profit growth in 2020, in line with its expectations, its rotating chairman said...

European shares gain on higher commodity prices; HSBC weighs

By Shashank Nayar (Reuters) - European shares reversed early gains to trade lower on Tuesday as mixed corporate earnings updates overshadowed a boost from strong...

Dollar Flat; Powell Testimony in Focus

By Peter Nurse Investing.com - The dollar was largely unchanged in early European trading Tuesday, after earlier falling to a near six-week low ahead of...

Dollar Down, Investors Await Fed’s Response to Rising Inflation

By Gina Lee Investing.com – The dollar was down on Tuesday morning in Asia, dropping to a near six-week low as investors await U.S. Federal...

Occidental Petroleum posts loss on asset sale

By Jennifer Hiller HOUSTON (Reuters) - Occidental Petroleum Corp (NYSE:OXY) on Monday posted a larger-than-expected fourth-quarter loss despite higher oil and gas prices as an...

US dollar continues to strengthen

During this trading week - the 6th one in 2021 - the global commodity currency and the domestic currency of the United...

Bitcoin cryptocurrency breaks records again

On Monday, 8 February 2021, after the release of a report on the record purchase of Bitcoin (BTC) cryptocurrency by Tesla billionaire...

UK pubs group Mitchells & Butlers to raise $486 million

(Reuters) - Mitchells & Butlers said on Monday it intends to raise 350 million pounds ($486.05 million) through an open offer of shares, and...

Australia stocks higher at close of trade; S&P/ASX 200 up 0.91%

Investing.com – Australia stocks were higher after the close on Monday, as gains in the Metals & Mining, Resources and Materials sectors led shares higher. At the close in Sydney,...

Bitcoin pulls back from brink of $50,000

By Tom Westbrook SINGAPORE (Reuters) - Bitcoin stalled just short of the $50,000 mark on Monday and other cryptocurrencies slipped, as investors took profit from a record-breaking...

U.S. Supreme Court clears way for Ghosn’s accused escape plotters extradition

By Nate Raymond and David Shepardson WASHINGTON (Reuters) - The U.S. Supreme Court on Saturday gave the green light for the extradition to Japan of...

Clear crypto rules urgently needed as major companies embrace asset: SEC official

By Chris Prentice and Katanga Johnson WASHINGTON (Reuters) - A clear cryptocurrency regulatory regime is urgently needed as major companies like Tesla (NASDAQ:TSLA) Inc, BNY...

VW ‘unintended victim’ in battery supplier dispute, seeks four-year reprieve

By David Shepardson WASHINGTON (Reuters) - Volkswagen AG (OTC:VWAGY) late Friday called itself an "unintended victim" in a battle between two battery suppliers and urged...

Roaring Kitty to testify on GameStop alongside hedge fund managers

(Reuters) - The YouTube streamer known as Roaring Kitty, who helped drive a surge of interest in GameStop Corp (NYSE:GME), will testify before a House panel...

GBP/USD Jumps to More Than 2-Year High Ahead of Data Deluge Next Week

By Yasin Ebrahim Investing.com – The pound surged to more than two-year highs on Friday, and remained on track for its fifth-weekly win on growing...

Oil in 2nd Weekly Gain as Money Floods Commodities 

Investing.com - Crude prices clinched a second straight week of gains on Friday as money continued to slosh into commodity markets, lifting prices of...