Inventories

Last Updated: May 24, 2023, 23:55 ISTThe U.S. Memorial Day holiday on May 29 marks the beginning of the peak summer travel season and higher fuel demand. (Image: Reuters File)Brent crude futures rose 90 cents, or 1.2%, to $77.74 a barrel by…

Oil prices rose in early Asian trade on Wednesday as U.S. crude inventories were seen falling and on strong Chinese economic data, signalling strengthening fuel demand. Brent crude futures gained 7 cents to $84.84 a barrel at 0020…

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Oil prices rose in early Asian trade on Wednesday on anticipated U.S. crude inventory declines and OPEC+'s latest output cut targets. Brent crude futures gained 38 cents to $85.32 a barrel at 0021 GMT. West Texas Intermediate U.S. crude…

BEIJING : Oil prices extended gains for a second session on Friday as the prospect of lower exports from Russia offset rising inventories in the United States.Brent crude futures rose 61 cents, or 0.7 per cent, to $82.82 per barrel by…

New York CNN  —  Americans can once again buy cars for less than sticker price. But that doesn’t mean they’re finding bargains at their local dealerships. A year…

People walk past a store of the sporting goods retailer Nike Inc. at a shopping complex in Beijing, China March 25, 2021.Florence Lo | ReutersNike on Tuesday reported quarterly results that easily topped Wall Street's expectations, but…

NEW YORK: Excess inventories have forced retailers in the United States to cut prices to lure customers this holiday shopping season, but economic headwinds could prevent some shoppers from taking advantage.  Analysts said rising interest…

Minneapolis CNN Business  —  The US economy grew last quarter, bouncing back after shrinking in the first half of the year — but there are indications that consumer spending,…

New York CNN Business  —  It’s a great time to be a closeout store like TJ Maxx. Traditional brands and retailers are overstocked on clothing, home goods,…