Brent Crude Oil Prices

Dollar falls lower as oil falls on optimism over Hormuz deal

amefika2 weeks ago03 mins

By Gregor Stuart Hunter and Lucy Raitano SINGAPORE/LONDON, May 25 (Reuters) – The dollar fell against major currencies on Monday as hopes of a deal to reopen the Strait of Hormuz pushed oil prices below $100 a barrel, even as the United States and Iran played down chances of reaching a deal soon. Many markets…

Wall Street Anticipates Lower Open as Private Payrolls Beat Expectations

amefika8 months ago02 mins

Wall Street is headed for a lower start on Wednesday, buoyed by strong private payrolls data that has raised concerns about smaller-than-expected interest rate cuts by the Federal Reserve in the coming months. The day before, the Nasdaq and Dow Jones indices closed at their lowest points in two weeks, as Treasury yields rose following…