Core PCE stays sticky near 3.4% after Trump says he loves the inflation
Core PCE, the inflation gauge the Federal Reserve watches most closely, has hardly moved even as headline inflation retreated in...
Metals & Energy News
Latest news on metals and energy commodities — copper, platinum, palladium and other commodity markets beyond gold, silver and oil.
Brent’s $100.69 Close Lifts July 29 Fed Hike Odds Into the Mid-30s
Brent crude settled near $100.69 on July 23, its highest close since May, and futures traders answered by pricing roughly...
Houthis strike Saudi Red Sea oil ports as U.S. pauses Iran air strikes
Houthi militants fired on Saudi oil installations at two Red Sea ports on Saturday, while the U.S. skipped air strikes...
Russia moves to lift diesel export ban as fuel market steadies
Russia is preparing to end its diesel export ban after Deputy Prime Minister Alexander Novak said the domestic fuel market...
Kuwait signs $16 billion oil pipeline deal with Blackstone, KKR and Brookfield
Kuwait Petroleum Corporation has signed a $16 billion lease and leaseback deal covering its crude oil pipeline network with Blackstone,...
