Tag: Oil

© Reuters. FILE PHOTO: People run with Tokyo’s business district in the background, in Tokyo, Japan, April 7, 2021. Picture taken April 7, 2021. REUTERS/Kim Kyung-Hoon By Leika Kihara TOKYO (Reuters) -Japan’s wholesale inflation moderated in May but yen-based import prices surged at a record annual pace, data showed on Friday, a sign the currency’s…

Two brown bears locked in battle tumbled off of a sheer cliff in the mountains of northern Spain, video shared June 7 by Spanish wildlife officials shows, but only one walked away from the long fall.In the video, captured by wildlife enthusiasts in the region of Castile and Leon, a mother bear is seen defending…

After having to miss the past few days of her Platinum Jubilee due to health issues, Queen Elizabeth appeared on the balcony of Buckingham Palace on the last day of the celebration. Holly Williams has more from London.

© Reuters. By Daniel Shvartsman Investing.com — Stock markets ended the first week of June on a down note, as a strong U.S. jobs report made clear the Federal Reserve and other central banks can continue their monetary tightening policy, at the expense of risk assets. This week brings CPI reports in the U.S., as…

TEHRAN, Iran (AP) — Iran’s Supreme Leader Ayatollah Ali Khamenei acknowledged Saturday that Iran took the oil from two Greek tankers last month in helicopter-launched raids in the Persian Gulf.The confiscations were retaliation for Greece’s role in the U.S. seizure of crude oil from an Iranian-flagged tanker the same week in the Mediterranean Sea over…

2/2 © Reuters. Passersby wearing protective face masks are seen in front of an electronic board showing Japan’s Nikkei share average, amid the coronavirus disease (COVID-19) pandemic, in Tokyo, Japan November 1, 2021. REUTERS/Issei Kato 2/2 By Chibuike Oguh NEW YORK (Reuters) -Global equity markets fell as U.S. Treasury yields reached two-week highs on Friday…

© Reuters. Passersby wearing protective face masks are seen in front of an electronic board showing Japan’s Nikkei share average, amid the coronavirus disease (COVID-19) pandemic, in Tokyo, Japan November 1, 2021. REUTERS/Issei Kato By Kanupriya Kapoor (Reuters) – Asian shares rose broadly on Friday morning after softer-than-expected U.S. employment data raised the possibility of…

© Reuters. FILE PHOTO: A shopper carries bags after the Swiss government relaxed some of its COVID-19 restrictions, as the spread of the coronavirus disease continues, at the Bahnhofstrasse shopping street in Zurich, Switzerland March 1, 2021. REUTERS/Arnd Wiegmann By John Revill ZURICH (Reuters) -Swiss prices increased in May by their highest level in nearly…

© Reuters. Russia Oil Ban, China Reboot Risk Driving Fresh Inflation Boost (Bloomberg) — Europe’s planned ban on Russian oil imports and the easing of Covid-19 restrictions in China threaten to add a fresh jolt to surging consumer prices. European Union leaders agreed on Monday to pursue a partial ban on Russian oil imports to…

© Investing.com By Geoffrey Smith Investing.com — The pain of high oil prices is being felt around the world and, as so often before, it looks like the only cure for high prices is…high prices. In nominal prices at least, Gasoline prices are at record highs. Crude oil, meanwhile, touched $120 a barrel on Monday.…