Briefing 2022-09-29
Thursday, 29 September 2022
Stocks edge up in choppy trading
Stocks managed to close in the green on Wednesday, snapping a three-day losing streak, supported by price appreciation in selective stocks while the majority of shares extended their correction mode. Page 9
4 Palestinians killed in Israeli raid
An Israeli raid targeting alleged militants in a West Bank flashpoint killed four Palestinians Wednesday, including the brother of a man blamed for a deadly attack in Tel Aviv. The violence was the latest to hit Jenin, in the north of the Israeli-occupied West Bank, an area that has seen near daily clashes between Israeli troops and Palestinian gunmen since an escalation that began in March. Page 14
US oil refinery run-rates could top 90pc
U.S. oil refinery utilization rates, a measure of how operators view future fuel demand, could top 90% next quarter for the third consecutive period, industry analysts projected, reflecting scant stocks and strong demand for diesel. Page 23