Oil Extends Drop as Risk-Off Tone Counters More Attacks on Ships [Financial Post (Toronto, Ontario, Canada)]
ING Group, N.V. (ING)
US:NYSE Investor Relations:
ing.com/investor-relations.htm
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Source: Financial Post
You can save this article by registering for free here . Or sign-in if you have an account. (Bloomberg) — Oil declined for a second session as a risk-off tone in broader markets countered escalating attacks on ships off Yemen. Brent slipped near $85 a barrel and West Texas Intermediate fell toward $80. The drop came despite two vessels being attacked, with one abandoned after flooding and another sustaining moderate damage. A coal-carrier sunk recently as Houthi militants ramped-up hostilities in the region. Article content In wider markets, Asian equities dipped ahead of a week that includes measures of inflation that will help guide bets on interest rates. The dollar held near the highest level since November, making commodities more expensive. Crude still remains on track for a monthly gain, and there are signs of rising gasoline demand in the US and healthy demand for air travel, which is aiding the outlook. The prompt spread for Brent has strengthened this month in a b
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ING
Earnings
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ING
Sec Filings
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- 9/20/24 - Form 6-K
- 9/17/24 - Form 6-K
- ING's page on the SEC website