All About Everything

Euro hobbles near November lows as dollar takes comfort from Fed outlook, trade hopes

LONDON (Reuters) - The euro hovered around its lowest levels for this month on Friday as the dollar held its poise on hopes that the United States and China would be able defuse their damaging tariff war with a preliminary trade deal. FILE PHOTO: U.S. ...

OPEC November oil output slips before Aramco IPO, policy meeting

LONDON (Reuters) - OPEC oil output has fallen in November as Angolan production has slipped due to maintenance and Saudi Arabia has kept a lid on supply to support the market before the initial public offering (IPO) of state-owned Saudi Aramco, ...

Oil slumps but still set for monthly hike ahead of OPEC+ meeting

NEW YORK (Reuters) - Oil prices fell nearly 4% on Friday in muted activity because of the U.S. Thanksgiving holiday, but were still set for monthly gains as OPEC watchers expect an extension next week to a pact to throttle oil output beyond March.

Saudi Aramco IPO oversubscribed so far, but not by big margin

RIYADH/LONDON (Reuters) - Saudi Aramco's initial public offering (IPO) was on course to be oversubscribed but not by a huge margin, according to figures released so far by the lead manager before a Dec. 4 close for institutional investors to submit offers.

Canada Economy Slowed in Third Quarter

OTTAWA—Economic growth in Canada decelerated markedly in the third quarter after posting the fastest expansion among Group of Seven countries in the previous three-month period, slowed down by a decline in exports and a drawdown of inventories.

Brent oil prices weaken ahead of OPEC+ meeting

LONDON (Reuters) - Oil prices dipped on Friday in muted activity because of the U.S. Thanksgiving holiday while OPEC watchers expect an extension to a pact to throttle oil output but no deeper cuts to be agreed by the producer group and its allies next week ...

Aramco IPO Draws Bids of $44.3 Billion, as Global Investors Steer Clear

Saudi Aramco's share sale has attracted bids worth $44.3 billion as of Friday, about 1.7 times the amount the kingdom's government plans to raise in what is on course to be the world's largest listing when it formally prices next week. Subscriptions to the sale ...

Euro zone inflation rises quicker than expected in November

BRUSSELS/FRANKFURT (Reuters) - Euro zone inflation accelerated faster than expected in November on a rise in food and services prices, likely comforting European Central Bank policymakers even if some factors pushing up prices may be only temporary ...

Oil slips amid slow holiday trade before OPEC+ meeting

TOKYO (Reuters) - Oil prices slipped on Friday in quiet trade with the U.S. Thanksgiving holiday limiting activity, while investors awaited a meeting of OPEC and its allies next week that may result in the extension of an output cut agreement to support the ...

Oil mixed amid slow holiday trade before OPEC+ meeting

TOKYO (Reuters) - Oil prices were mixed on Friday in quiet trade with the U.S. Thanksgiving holiday limiting activity, while investors awaited a meeting of OPEC and its allies next week that may result in the extension of an output cut agreement to support the ...