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Oil prices higher, stocks mixed ahead of inflation report
NEW YORK: Oil prices bounced around before finishing higher Tuesday (Aug 11) while global stocks were mixed as markets awaited a key inflation report expected to influence upcoming monetary policy decisions.Crude prices initially rose more than two per cent on hardening rhetoric between th
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channelnewsasia.com
Asia stocks edge higher, oil up amid Gulf confusion
Brent crude added 0.9 per cent to US$84.32 a barrel as shipping through the vital waterway remained at a trickle, while US crude rose 0.7 per cent to US$78.74 a barrel.
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swissinfo.ch
Stocks Churn as Hormuz Standoff Spurs Rally in Oil: Markets Wrap
(Bloomberg) -- A rally in oil prices left stocks wavering while bond yields climbed, with trader anxiety building just days ahead of key inflation reports.
