Oil edged higher in the early Asian trade as supply-side pressures from U.S. sanctions against Russiaβs oil industry likely supported prices, Exness said.
The retired executive has alleged that the firmβs longtime investment chief, Kenneth Leech, defrauded some clients nearly a decade earlier than what federal prosecutors asserted in their recent criminal indictment.
Further near-term declines in Cushing stocks would likely put more upward pressure on crude spread β the difference between the front month contract and subsequent months.
U.S. natural gas futures shook off early losses and settled higher with an Arctic blast forecast for early next week seen surpassing recent steady cold.
U.K. borrowing costs and the British pound steadied, as Treasury Chief Rachel Reeves faced questions in Parliament around the recent turmoil in bond markets.
Americaβs biggest bank plans to launch a digital retail lender in Germany, Europeβs biggest economy but one with a notoriously unprofitable banking sector.