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Vitol Says Refiners Set for 'Soft Patch' in 2024 on New Capacity

Vitol Says Refiners Set for 'Soft Patch' in 2024 on New Capacity
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

Yongchang Chin , Clara Ferreira Marques , Vitol Group Head Of Research Giovanni Serio , Middle East , Vitol Group , Research Giovanni , Financial Times Commodities Asia Summit , Clara Ferreira ,

ECB Is Keeping an Eye on Energy Costs, Lagarde Says

ECB Is Keeping an Eye on Energy Costs, Lagarde Says
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

Israel General , Yongchang Chin , Alex Longley , Christine Lagarde , European Central Bank , President Christine ,

Stocks Decline as Treasuries Climb with Oil, Gold: Markets Wrap

(Bloomberg) Equities fell as investors responded to the threat of a weekend escalation in the Middle East conflict, driving oil and gold higher. Treasuries rose as yields at multi-year highs drew buyers. Europe’s Stoxx 600 Index slumped 1% and US equity futures declined. Asian stocks headed for their biggest weekly drop in two months. Treasuries rose, led by gains in 10-year debt, after Federal Reserve Chairman Powell suggested the US central bank is inclined to hold interest rates steady again at its next meeting, while it watches key growth data. The dollar edged higher. Oil traded above $90 a barrel and gold approached $2,000 an ounce after the Pentagon reported stepped-up drone attacks in Iraq and Syria, while an American destroyer intercepted cruise missiles fired toward Israel by Houthi rebels in Yemen. In addition, Israel is expected to launch a ground invasion of Gaza after massing troops on the border. “The risk premium in crude has shot up again,” said Vandana Hari, f ....

United States , Red Sea , Djibouti General , City Of , United Kingdom , Shunichi Suzuki , Yongchang Chin , Patrick Harker , Vandana Hari , Country Garden Holdings Co , Morgan Stanley , Federal Reserve , Middle East , Pacific Index , Federal Reserve Chairman Powell , Vanda Insights , Country Garden Holdings , Fed President Patrick Harker , Hang Seng , Shanghai Composite , Bloomberg Dollar Spot Index , Texas Intermediate , Business General ,