Edition:
United States

Jessica Resnick-Ault

Oil steadies as economic data overshadows coronavirus worries

Jul 07 2020

NEW YORK Oil prices settled little changed on Tuesday as demand concerns due to a new surge in coronavirus cases overshadowed U.S. government forecasts for lower production.

U.S. Midwest products prices due to rise from Dakota Access pipeline shutdown

Jul 06 2020

NEW YORK Prices for gasoline and diesel in the U.S. Midwest could rise in the coming months, market participants said, because of a U.S. court ruling on Monday that ordered the largest pipeline from the North Dakota shale oil fields to be shut within a month. | Video

Oil boosted by OPEC+ cuts even as virus weighs on market

Jun 19 2020

NEW YORK Oil prices rose on Friday but pulled back sharply from early highs on concerns that continued spread of the novel coronavirus could stall the United States' economic rebound.

Oil edges up on OPEC output cut compliance; pandemic still weighs

Jun 18 2020

NEW YORK Oil prices rose slightly on Thursday as a panel of OPEC and its allies met to review record oil supply cuts, even as the market remained concerned about additional coronavirus cases reported in parts of the United States and China.

Facebook's WhatsApp brings digital payment to users in Brazil

Jun 15 2020

NEW YORK Facebook Inc's WhatsApp messaging service rolled out a system across Brazil on Monday that will allow users to send money to individuals or local businesses within a chat, attaching payments as they would a photo or video.

Facebook's WhatsApp brings digital payment to users in Brazil

Jun 15 2020

NEW YORK, June 15 Facebook Inc's WhatsApp messaging service rolled out a system across Brazil on Monday that will allow users to send money to individuals or local businesses within a chat, attaching payment as they would a photo or video.

Pilgrim's Pride says CEO begins paid leave of absence

Jun 14 2020

Pilgrim's Pride Corp CEO Jayson Penn began a paid leave of absence following his indictment earlier this month on charges of seeking to set a fixed price for chickens with other industry executives, the company said Sunday.

'Sold!' Auctioneers race to unload oil equipment as U.S. drilling dries up

Jun 11 2020

NEW YORK Fast-talking auctioneer Greg Highsmith sung out dozens of prices - "seventy-five-hundred now, $10,000 now, be able to get 15,000?" - before a North Dakotan buyer paid $27,500 for a used Caterpillar oil swabbing rig on Friday.

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