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Top related persons:
Toshitaka Tazawa - 2 Fujitomi's Tazawa - 2 Philip Jefferson - 1 Michael Barr - 1 Raphael Bostic - 1 Ebrahim Raisi - 1 Ayatollah Ali Khamenei - 1 Mohammed Bin Salman - 1
Top related locs:
Kawasaki Kanagawa Prefecture Japan Saudi OPEC U.S East Iran
Top related orgs:
Brent - 2 . West Texas - 1 Federal - 1 Fujitomi Securities - 1 Atlanta Fed - 1 Saudi Arabia's Crown - 1 Iranian - 1 Investors - 1

Search resuls for: "Fujitomi's Tazawa"


2 mentions found


☆ Oil prices fall on fear of high U.S. interest rates depressing demand
  + stars: | 2024-05-21 | by ( ) www.cnbc.com   time to read: +2 min
Oil storage drums stacked in the Keihin industrial area of Kawasaki, Kanagawa Prefecture, Japan, on Monday, April 15, 2024. Oil prices fell in early Asian trade on Tuesday, with investors anticipating higher-for-longer U.S. inflation and interest rates will depress consumer and industrial demand. "Fears of weaker demand led to selling as the prospect of Fed rate cut became more distant," said analyst Toshitaka Tazawa at Fujitomi Securities. Lower interest rates reduce borrowing costs, freeing up funds which could boost economic growth and demand for oil. OPEC+ could extend some voluntary output cuts if demand fails to pick up, people with knowledge of the matter previously told Reuters.
Persons: Toshitaka Tazawa, Philip Jefferson, Michael Barr, Raphael Bostic, Ebrahim Raisi, Ayatollah Ali Khamenei, Mohammed Bin Salman, Fujitomi's Tazawa Organizations: Brent, . West Texas, Federal, Fujitomi Securities, Atlanta Fed, Reuters, Saudi Arabia's Crown, Iranian, Investors, Organization of, Petroleum Locations: Kawasaki, Kanagawa Prefecture, Japan, Saudi, OPEC
☆ Oil eases as U.S. demand concerns outweigh fears over Middle East conflicts
  + stars: | 2024-04-25 | by ( ) www.cnbc.com   time to read: +2 min
Oil prices eased in early trade on Thursday as concerns about a potential slowdown in the U.S. economy amid prospects for delayed interest rate cuts outweighed worries over the risk of expanding conflict in the Middle East. Oil prices eased in early trade on Thursday as concerns about a potential slowdown in the U.S. economy amid prospects for delayed interest rate cuts outweighed worries over the risk of expanding conflict in the Middle East. Israel also said it was moving forward with plans for an all-out assault on Rafah in the south. Energy Information Administration, or EIA, data on Wednesday indicated U.S. crude oil inventories unexpectedly fell last week as exports jumped, while gasoline stockpiles decreased less than forecast. "The data provided a temporary boost to oil prices, but it didn't seem to last long," Fujitomi's Tazawa said.
Persons: Toshitaka Tazawa, Fujitomi's Tazawa Organizations: Brent, U.S . West Texas, Fujitomi Securities Co Ltd, U.S . Federal Reserve, Energy Information Administration, EIA Locations: U.S, East, Iran, Israel, Gaza, Rafah
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