Middle East

Oil prices slump to pre-Ukraine crisis levels on economic jitters

Reuters | December 6, 2022

By Shariq Khan NEW YORK (Reuters) -U.S. oil prices fell in frenzied trading on Tuesday to their lowest settlement levels this year, with Brent finishing below $80 per barrel for the second time in 2022, as investors fled the volatile market in an uncertain economy. Brent crude futures fell $3.33, or 4%, to settle at […]

South American fans bite their nails over World Cup chances – and inflation

Reuters | November 6, 2022

By Gabriel Araujo SAO PAULO (Reuters) – In South America, home to the some of the world’s starriest soccer players from Argentina’s Lionel Messi to Brazil’s Neymar, avid fans are starting to get jitters about their countries’ World Cup chances – and the rising cost of supporting them. The region of about 650 million people […]

Weak dollar, big U.S. crude exports buoy oil markets

Reuters | October 26, 2022

Market Recap In a wild day of trading, The Dow gained over 300 points only to give it all back in the afternoon session. The S&P 500 followed suit but plunged into red territory. The NASDAQ plummeted on worse than expected earnings reports from both Alphabet (GOOG) and Microsoft (MSFT). The Nasdaq made a major […]