Oil Steadies ahead of US Inflation Data

Brent and WTI benchmarks have been on rise since May Inflation data awaited for clues on interest rates Saudi and Russian output cuts add to supply concerns LONDON, Aug 10 Reuters Oil prices steadied on Thursday as investor caution ahead of U.S. inflation data softened a protracted price rally on supply tightness. Brent crude edged […]
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Trucking Firm Yellow Explores Alternate Bankruptcy Loans

NEW YORK, Aug 9 Reuters Bankrupt trucking company Yellow Corp will not seek court approval to borrow 142.5 million from private equity firm Apollo Global Management as planned on Wednesday, instead seeking time to explore alternate loan offers, an attorney for the company said. Yellow has received similarsized loan offers from MFN Partners, an investment firm […]
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