Oil Steady as U.S. Default Risk Offsets Demand Outlook

SINGAPORE, May 22 Reuters Oil prices were steady on Monday as caution relating to U.S. debt ceiling talks dragged on optimism over demand later in the year and offset support from lower supplies from Canada and OPEC producers. Brent crude futures rose 13 cents, or 0.2, to 75.71 a barrel by 0850 GMT, while U.S. […]
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Dollar Calm as Debt Ceiling Talks to Resume

TOKYO, May 22 Reuters The dollar was steady against the euro and yen on Monday, as U.S. debt ceiling negotiations were set to resume and after Federal Reserve Chair Jerome Powell indicated he favours a meetingbymeeting approach when it comes to future policy moves. The greenback was down 0.1 at 137.85 yen to start the […]
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