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Tag Archives: Rising

Oil prices are rising against Iran sanctions, but trade flows are slowing

SINGAPORE (Reuters) – Oil prices rose on Monday as US sanctions on Iran signaled a narrower market, despite worries over slowing economic growth dampened by global trade tensions. An oil pump lift is seen at sunset in a field outside Scheibenhard, near Strasbourg, France, October 6, 2017. REUTERS / Christian Hartmann Front-month Brent crude oil futures LCOc1 stood at $ …

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Oil prices are rising against Iran sanctions, but trade flows are slowing

SINGAPORE (Reuters) – Oil prices rose on Monday as US sanctions on Iran signaled a narrower market, despite worries over slowing economic growth dampened by global trade tensions. An oil pump lift is seen at sunset in a field outside Scheibenhard, near Strasbourg, France, October 6, 2017. REUTERS / Christian Hartmann Front-month Brent crude oil futures LCOc1 stood at $ …

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Rising US consumer prices are eroding pay rises

Updated on August 10, 2018 12:52 pm ET WASHINGTON – Rising living costs devour almost all of America's wage gains and tarnish the long-term prospects of the economy. Consumer prices – everyday expenses such as food and dental care – rose 0.2% in July, the Labor Department said Friday. Core prices, which offset food and energy costs, also rose 0.2%. …

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Elon Musk tweets about Tesla's private and stock price rising; Trade stopped

Tesla boss Elon Musk said on Tuesday he was considering taking the company privately, shocking investors and analysts following the unconventional electric car maker. A leveraged acquisition of Tesla, which went public on the Nasdaq in 2010, and which sports a market capitalization of nearly $ 64 billion, would represent an abrupt change in financial strategy. If shareholders approved the …

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Oil is rising while Saudi production is declining US boreholes

SINGAPORE (Reuters) – Oil prices rose on Monday after Saudi crude oil production collapsed unexpectedly in July and American shale drilling plateaued. A man pumps gas into his car at a gas station in Caracas, Venezuela, on 3 August 2018. REUTERS / Marco Bello Markets also expected an announcement from Washington on Monday about renewed US sanctions on Iran's major …

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Oil prices are rising after Saudi's production in the US has dropped

SINGAPORE (Reuters) – Oil prices rose on Monday after Saudi crude oil production collapsed unexpectedly in July and American shale drilling plateaued. On August 3, 2018, a man at a gas station in Caracas, Venezuela, pumps gas into his car. REUTERS / Marco Bello Markets also expected an announcement from Washington, which provided for renewed sanctions against Iran's large oil …

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Oil prices are rising after Saudi's production in the US has dropped

SINGAPORE (Reuters) – Oil prices rose on Monday after Saudi crude oil production collapsed unexpectedly in July and American shale drilling plateaued. On August 3, 2018, a man at a gas station in Caracas, Venezuela, pumps gas into his car. REUTERS / Marco Bello Markets also expected an announcement from Washington, which provided for renewed sanctions against Iran's large oil …

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Oil prices are rising after Saudi's production in the US has dropped

SINGAPORE (Reuters) – Oil prices rose on Monday as Saudi crude oil production collapsed in July and US shale drilling peaked. On August 3, 2018, a man at a gas station in Caracas, Venezuela, pumps gas into his car. REUTERS / Marco Bello Markets also awaited an announcement from Washington, which provided for renewed sanctions against the major oil exporter …

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Mortgage rates are rising as the housing market loses its mojo

Bloomberg News / Landov A house for sale in a suburb of Birmingham, Alabama. Home sales in the US are slowing as lean inventory is causing buyers to lose their lives and prices are rising. Mortgage lending rates rose along with the broader bond market, again putting mortgage lending under pressure, even as housing market growth faltered. The 30-year fixed-rate …

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