Stocks, U.S. yields fall on U.S. policy doubts, Barcelona attack

NEW YORK (Reuters) - World equity markets and U.S. bond yields fell while gold rose on Thursday as investors favored safe-haven investments amid growing skepticism U.S. President Donald Trump, embroiled in controversy, would achieve his economic agenda. Adding to investor concerns was news that a van had slammed into crowds in the Spanish city of Barcelona, killing 13 people, according to media reports, in an attack police were treating as terrorism. U.S. dollar trading was volatile and U.S. T...
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Oil rises as U.S. weekly production eases

By Scott DiSavino NEW YORK (Reuters) - Oil futures climbed on Wednesday to their highest in more than a week despite a surprise build in crude inventories, as buyers were encouraged by a small weekly decrease in U.S. production. The U.S. Energy Information Administration (EIA) said crude stocks rose by 118,000 barrels during the week ended June 23, while weekly production declined by 100,000 barrels per day (bpd) to 9.3 bpd. "Most interesting thing is crude oil production was down ... which...
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Oil edges higher on weaker dollar after sell-off

By Karolin Schaps LONDON (Reuters) - Oil prices ticked higher on Friday, recouping some of the previous session's losses, as a weaker dollar encouraged buying but investors remained cautious after Russian production figures showed weak compliance with a global deal to cut output. Global benchmark Brent was up 7 cents at $55.15 a barrel at 1252 GMT, recovering some of Thursday's losses that amounted to more than 2 percent. WTI futures traded at $52.64 a barrel, up 3 cents on the previous clo...
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Commodities Are Weaker amid the Stronger Dollar

By Val Kensington Crude oil Crude oil traded weaker for the past four trading days. In the early hours on Thursday, prices fell close to two-week low price levels. The market sentiment is mixed amid producers’ compliance with the output cut and rising inventory levels. According to data released by the U.S. Energy Information Administration on Wednesday, crude oil inventory levels rose by 1.50 MMbbls (million barrels) in the week ending on February 24. Total inventory levels reached 5...
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