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Saudis pledge to ensure oil supply if Iran exports collapse
Saudi Arabia will coordinate with other crude producers to ensure that adequate supplies are available and the market “does not go out of balance,†Energy Minister Khalid Al-Falih said, after the U.S. ended waivers for buyers of Iranian oil......»»
Oil prices steady despite Saudi export cuts, U.S. inventory draw
Oil prices were little changed on Thursday as a drop in crude exports from OPEC's defacto leader Saudi Arabia and a draw in U.S. oil inventories supported prices, while the strengthening dollar and weak equities kept futures in check ......»»
Reserve Bank of India cuts rates, citing "sluggish" domestic growth, global headwinds
The Reserve Bank of India cut its key policy rate by 25 basis points to 6% from 6.25% on Thursday, a move that weakened the rupee against the dollar. The central bank said since its last meeting in February, "global economic activity has.....»»
Apple Reportedly Adopting Unusual Strategy To Up iPhone Sales In India
Apple recently cut prices to woo iPhone buyers in China, but in India, the company is adopting a different approach. Instead of price cuts, Apple is reportedly planning to increase the price of entry-level iPhones in an attempt.....»»
OPEC Crude Production Slipped in February on Saudi, Venezuelan Reductions
Saudi Arabia and Venezuela posted sharp oil production cuts in February, helping boost the price for OPEC barrels up by 3%......»»
United States Oil (USO) output forecast is reduced
United States Oil (USO) output forecast is reduced Oil prices edged higher on Wednesday, supported by planned cuts to Saudi exports and a reduced forecast for U.SÂ crude output. Internationa.....»»
Oil edges higher on cuts to Saudi exports
Oil prices edged higher on Tuesday, supported by signs of tightening global supply after a Saudi official said the kingdom plans to cut oil exports in April, while the U.S. government reduced its forecast for domestic crude output growth......»»
Oil gains on cuts to Saudi, Venezuelan exports
Oil prices rose on Tuesday, supported by signs of tightening global supply after a Saudi official said the kingdom plans to cut oil exports in April, while a power outage in Venezuela reduced crude exports from the country......»»
Oil gains 1 percent on cuts to Saudi, Venezuelan exports
Oil prices rose about 1 percent on Tuesday, supported by signs of tightening global supply after a Saudi official said the kingdom plans to cut oil exports in April, while a power outage in Venezuela reduced crude exports from the country......»»
Oil rises to $67 on cuts to Saudi, Venezuelan exports
Oil rose to around $67 a barrel on Tuesday, supported by Saudi Arabia's plan for further voluntary supply curbs in April and by a cut in oil exports from Venezuela due to a power outage......»»
Crude prices rise despite Saudi pledge to ‘mitigate’ effect of U.S. sanctions on Iranian exports
President Trump’s decision to scrap the Iran nuclear deal and reimpose sanctions has sent global buyers of Iranian oil scrambling to line up other sources of supply......»»
India cuts oil imports from Iran by a quarter in past year
Facing the threat of U.S. oil sanctions on Iran, India continued to rely on Iraq as its top oil supplier in the April-June quarter, followed by Iran and Saudi Arabia......»»
Oil gains on Saudi output cuts; rally limited by U.S. output
Oil prices rose almost 2 percent on Wednesday after top exporter Saudi Arabia said it would cut crude exports and deliver an even deeper cut to its production, but swelling U.S. crude inventories limited the day's gains......»»
Take a closer look at the main regions of Neom, Saudi"s epic megacity project
In February, the kingdom said the project was progressing rapidly, with "millions of cubic meters of earth and water" being moved .....»»
Personal Finance Daily: Letter from India: ‘Trucks carrying oxygen cylinders are being waylaid and looted,’ and pending home sales rise, but low inventory could cause headaches for buyers
Thursday's top personal finance stories.....»»
February International trade in goods (advance) exports down 3.8%
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
When buyers flood the market during this year’s busy spring season, they’ll find fewer homes for sale
TOWN SQUARE | Nationally, the number of homes for sale was down by 48.6 percent in February 2021 compared with February 2020, according to Realtor.com......»»
W.R. Grace cuts profit outlook after extreme weather led to plant shutdowns
W.R. Grace & Co. lowered its first-quarter profit outlook, citing the impact of the extreme weather that hit Texas and Louisiana in February, which led to fo.....»»
Greater Nashville home sales up 4% compared to February 2020
“We’ve seen a jump on the spring market by buyers who are taking advantage of lower interest rates and avoiding the stereotypical busy warm weather rush to buy,” said Brian Copeland, president of Greater Nashville Realtors......»»
China Feb exports post record surge from COVID-19-depressed 2020 levels
Exports in dollar terms skyrocketed 154.9% in February compared with a year earlier, while imports gained 17.3%.....»»