Latest Currency markets News

Closing prices for crude oil, gold and other commodities

May. 20, 2022 15:17 PM EDT

Benchmark U.S. crude oil for June delivery rose $1.02 to $113.23 a barrel Friday. Brent crude for July delivery rose 51 cents to $112.55 a barrel. Wholesale gasoline for June delivery rose 1 cent to $3.84 a gallon. June heating oil fell 5 cents to $3.74 a gallon. June natural gas...

'I can’t see the light': War fuels surging prices in Europe

May. 20, 2022 06:30 AM EDT

MILAN (AP) — Edoardo Ronzoni inspects a construction site near Milan that he shut down in March as costs for materials skyrocketed. He can’t complete a half-built roundabout at an intersection known for fender-benders because asphalt, cast-iron pipes and concrete are too expensive — prices...

Closing prices for crude oil, gold and other commodities

May. 19, 2022 15:30 PM EDT

Benchmark U.S. crude oil for June delivery rose $2.62 to $112.21 a barrel Thursday. Brent crude for July delivery rose $2.93 to $112.04 a barrel. Wholesale gasoline for June delivery rose 11 cents to $3.83 a gallon. June heating oil rose 12 cents to $3.79 a gallon. June natural gas...

Pakistani rupee drops to record low amid talks with IMF

May. 19, 2022 09:07 AM EDT

ISLAMABAD (AP) — Pakistan’s currency plummeted to an all-time record low in intraday trading against the U.S. dollar on Thursday, amid uncertainty about the success of crucial talks between the International Monetary Fund and the government of Prime Minister Shahbaz Sharif who is considering...

Asian shares track Wall Street's inflation-fueled retreat

May. 18, 2022 22:36 PM EDT

TOKYO (AP) — Shares dropped sharply in Asia on Thursday after a broad retreat on Wall Street triggered by dismal results from major retailer Target that renewed worries over the impact of high inflation. Hong Kong’s Hang Seng led the declines, dropping 3.1%, while Tokyo’s...

Japan records trade deficit as imports surge on energy costs

May. 18, 2022 22:27 PM EDT

TOKYO (AP) — Japan recorded a trade deficit in April as its imports ballooned 28% due to soaring energy costs and the yen's weakness against the dollar. Japan’s trade deficit totaled 839 billion yen ($7 billion) in April, for the ninth straight monthly deficit. In contrast, the...

Closing prices for crude oil, gold and other commodities

May. 18, 2022 15:18 PM EDT

Benchmark U.S. crude oil for June delivery fell $2.81 to $109.59 a barrel Wednesday. Brent crude for July delivery fell $2.82 to $109.11 a barrel. Wholesale gasoline for June delivery fell 22 cents to $3.72 a gallon. June heating oil fell 13 cents to $3.67 a gallon. June natural gas...

Closing prices for crude oil, gold and other commodities

May. 17, 2022 15:14 PM EDT

Benchmark U.S. crude oil for June delivery fell $1.80 to $112.40 a barrel Tuesday. Brent crude for July delivery fell $2.31 to $111.93 a barrel. Wholesale gasoline for June delivery fell 8 cents to $3.94 a gallon. June heating oil fell 11 cents to $3.80 a gallon. June natural gas...

Asian shares advance despite losses on Wall Street

May. 16, 2022 23:59 PM EDT

Shares advanced in Asia on Tuesday after another wobbly day on Wall Street extended a losing streak for markets. Hong Kong advanced nearly 2.5% and other regional benchmarks were moderately higher. Oil prices slipped. Signs of progress in China's effort to bring...

Closing prices for crude oil, gold and other commodities

May. 16, 2022 15:17 PM EDT

Benchmark U.S. crude oil for June delivery rose $3.71 to $114.20 a barrel Monday. Brent crude for July delivery rose $2.69 to $114.24 a barrel. Wholesale gasoline for June delivery rose 6 cents to $4.02 a gallon. June heating oil fell 1 cent to $3.91 a gallon. June natural gas rose...