(Bloomberg) -- Oil extended its rally to hit the highest level since November on expectations that supply cuts by OPEC+ leaders will tighten the market.Most Read from BloombergDiamond Prices Are in Free Fall in One Key Corner of the MarketMercedes Bets on Range Boost in Swipe at Tesla’s EV LeadershipBurning Man Death Under Probe With Thousands Still StrandedZelenskiy Says He’s Removing Ukraine Defense Chief in RevampTesla’s $41,000 Model X Discount Unlocks Subsidies Musk Wanted GoneWest Texas In
Best Movies of All Time That You Should Watch ImmediatelyArm Holdings Ltd, the chip designer owned by SoftBank Group Corp, is planning to ask investors to pay $47 to $51 for each of its shares when it begins marketing its initial public offering next week, people familiar with the matter said on Saturday. It would make Arm the most valuable company to list in New York since electric car maker Rivian Automotive debuted in 2021.
interest rates, and on hopes the drip feed of policy stimulus from Beijing would be enough to stabilise the Chinese economy. A holiday in the United States made for a slow start ahead of key readings on U.S. services and Chinese trade and inflation later in the week. More policy action is also expected from Beijing, including relaxing restrictions on home buying.
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Oil Rallies to Highest Since November on OPEC+ Supply ReductionsOil extended its rally to hit the highest level since November on expectations that supply cuts by OPEC+ leaders will tighten the market.
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Oil rises on China, US economic data and OPEC+ cut expectationsBEIJING (Reuters) - Oil prices ticked up in Asian morning trade on Monday, as market sentiment was buoyed by positive China and U.S. economic data, as ...
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Oil rises on China, US economic data and OPEC+ cut expectationsOil prices ticked up in Asian morning trade on Monday, as market sentiment was buoyed by positive China and U.S. economic data, as well as expectations of ongoing crude supply cuts from major producers. Brent crude was up 17 cents, or 0.2%, at $88.72 a barrel at 0015 GMT. On the demand side, China's manufacturing activity unexpectedly expanded in August, data from Caixin's manufacturing PMI survey indicated, leading to renewed optimism about the economic health of the world's largest oil importer.
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Novak Djokovic rallies from two sets down to beat Laslo Djere at US OpenNovak Djokovic came all the way back from a two-set deficit to beat Laslo Djere 4-6, 4-6, 6-1, 6-1, 6-3 in the third round of the U.S. Open to avoid what would have been his earliest exit there since 2006.
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Novak Djokovic rallies from 2 sets down to reach 4th round in U.S. OpenEveryone should know by now to never count out Novak Djokovic. No matter how big a deficit he faces. No matter how poorly he might be playing. And so it made sense that Djokovic would manage to come all the way back from a two-set deficit to beat Laslo Djere 4-6, 4-6, 6-1, 6-1, 6-3 in the third round of the U.S. Open, avoiding what would have been his earliest exit there since 2006.
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Oil Industry Elite Hits Singapore to Debate Crude’s Next TwistOil’s having a rocky year, swung by jitters over China’s slowdown, OPEC+ supply cuts, and the fallout from the Federal Reserve’s tightening campaign. The tensions wrongfooted many traders as prices sank, then recovered. Now, what comes next is up for debate in Singapore.
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