Oil slips on oversupply concerns, stronger dollar
LONDON, Nov 4 (Reuters): Oil prices fell over 1 per cent on Tuesday as OPEC+'s decision to pause output hikes in the first quarter next year along with weak manufacturing data and a stronger dollar weighed on the market.Brent crude futures fell 76 cents, or 1.2 per cent, to $64.13...
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Gold cuts losses as dollar rally pauses, US data in focus
Gold prices trimmed the session's losses on Tuesday, helped by a pause in the dollar's rally and lower Treasury yields, while investors waited for US economic data due this week for more cues on the interest rate path, reports Reuters.Spot gold lost 0.2 per cent to $3,994.47 per ounce, as...
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Saudi Aramco's third-quarter profit slips on lower crude prices
DUBAI, Nov 4 (Reuters): Saudi Arabian oil company Aramco, the world's top oil exporter, reported a 2.3 per cent decline in its quarterly profit on Tuesday, citing a drop in crude and product prices, but performance improved from the previous quarter as oil production rose.Shares rose up to 1.1 per...
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US becomes first country to export 10 million tonnes of LNG in single month
HOUSTON, Nov 4 (Reuters): The US has become the first country to export 10 million metric tonnes (mmt) of liquefied natural gas in a single month, according to preliminary data from financial firm LSEG.The US exported a record 10.1 mmt of the liquid fuel in October, up from a revised...
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