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US factory activity posts unexpected rise at the end of 2019
A gauge of American industrial output slipped further at the end of 2019. But manufacturing act.....»»
Oil gains after U.S.-China trade deal, rise in inventories
Oil prices rose on Thursday after the signing of an initial Sino-U.S. trade deal that sets the stage for a surge in Chinese purchases of American energy products, while U.S. crude inventories fell more than expected......»»
NAND flash contract prices to rise by up to 15% in 1Q20
NAND flash contract market prices are expected to rise 10-15% in the first quarter of 2020, thanks to suppliers' output controls and a pick-up in demand for datacenter applications, according to industry sources......»»
Oil market to remain oversupplied despite OPEC+ pact, says IEA
Global oil inventories could rise sharply despite an agreement by OPEC and its allies to deepen output cuts as well as lower expected production by the United States and other non-OPEC nations, the International Energy Agency (IEA) said on Thursday......»»
US crude oil 2019 output expected to rise less than predicted
U.S. crude oil production is expected to rise by 1.26M barrels per day (bpd) in 2019......»»
Gold prices fall for the session, tally a loss for the week
Gold prices fell by more than 1% on Friday, as better-than-expected November growth in U.S. jobs supported a rise in the stock market and the dollar, dulling haven demand for the precious metal. February gold lost $18, or 1.2%, to settle at $1,465.10 an.....»»
Market Extra: Producers are putting the brakes on the shale boom — here’s what that means for oil prices
A slowdown in the growth of U.S. shale output could contribute to a rise in oil prices......»»
Oil slips as U.S. stocks rise; prospect of OPEC action supports
Oil prices slipped toward $59 a barrel on Wednesday on data showing a bigger-than-expected rise in U.S. crude stocks, while the prospect of deeper output cuts by OPEC and its allies offered support......»»
Oil dips as U.S. stocks rise; prospect of OPEC action supports
Oil prices declined on Wednesday, holding below $60 a barrel on data showing a bigger-than-expected rise in U.S. crude stocks, but the prospect of deeper output cuts by OPEC and its allies offered support......»»
American Express profit beats Wall Street estimates on higher consumer spending
Credit card issuer American Express Co reported a higher-than-expected rise in third-quarter profit on Friday, as more people used cards to shop, pay bills and make big ticket purchases......»»
Anglo American"s second-quarter output rises 2%, on track to hit 2019 targets
Anglo American on Thursday posted a 2% rise in second quarter output and reaffirmed full-year production targets, boosted by a restart of operations at its Brazilian iron ore mine and higher volumes of coking coal......»»
Miner Anglo American posts 2% rise in second-quarter output
Miner Anglo American said on Thursday its overall output rose 2% in the second quarter, benefiting from a ramp up in iron ore production at its Minas-Rio mine in Brazil and increased metallurgical coal output......»»
Futures Movers: Oil futures rise as fifth straight weekly decline in U.S. crude supplies expected
Oil futures move higher on Tuesday as traders bet that U.S. government data due Wednesday will show a decline in weekly domestic crude stockpiles on the back of storm-related disruptions to output......»»
Oil falls as U.S. resumes Gulf of Mexico output, boosts shale supplies
Oil prices dipped on Tuesday, extending losses from the previous session, as output in the U.S. Gulf of Mexico resumed after Hurricane Barry and as U.S. shale production is set to rise to a record......»»
OPEC set to extend output cuts as demand falters
The OPEC+ alliance is poised to extend production cuts into 2020 as the world’s leading oil exporters fret about a weakening outlook for global demand growth and the relentless rise in output from America’s shale fields......»»
Oil prices rise as U.S. stockpiles drop, OPEC agrees meeting date
Oil prices rose over 1 percent on Thursday as official data showed U.S. crude stocks fell more than expected and as OPEC and other producers finally agreed a date for a meeting to discuss output cuts......»»
OPEC sees more 2019 demand for its oil as it keeps cutting output
OPEC said on Tuesday that world demand for its oil would be higher than expected this year as supply growth from rivals including U.S. shale producers slows, pointing to a tighter market if the exporter group refrains from raising output......»»
CoreLogic February Home Price Index Continues Modest Growth
Home prices continued to rise slowly in February. Lower mortgage interest rates are expected to help boost home buying as the spring season kicks off......»»
U.S. manufacturing sector slowing as economy loses momentum
U.S. manufacturing output fell for a second straight month in February and factory activity in New York state was weaker than expected this month, offering further evidence of a sharp slowdown in economic growth early in the first quarter......»»
U.S. weekly jobless claims rise; import prices increase
The number of Americans filing applications for unemployment benefits increased more than expected last week, suggesting the labor market was slowing, but probably not to the extent implied by a near-stall in job growth in February......»»