Oil prices under pressure amid global mkt unease

LONDON, Dec 11 (Reuters): Oil prices were under pressure on Tuesday amid worries over global stock markets and doubts that planned output cuts led by producer club OPEC will be enough to rein in oversupply.But traders said crude prices received some support after Libya's National Oil Company (NOC) declared force...

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Asian jet fuel discounts slip to nine-yr seasonal low as supply swells

SINGAPORE, Dec 11 (Reuters): Asian jet fuel price discounts stand at their lowest December levels in nine years as a supply glut offsets consumption even as the region's aviation sector booms.The slump is a mirror image of the steep gains Asian aviation fuel price differentials saw in the first quarter...

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Gold prices inch higher as dollar softens

BENGALURU, Dec 11 (Reuters): Gold prices edged higher on Tuesday, supported by hopes that the US Federal Reserve could pause its rate hike cycle sooner than expected and as the dollar slipped after the previous session's rally.Spot gold was up 0.2 per cent at $1,246.62 per ounce, as of 0430...

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