The war in the Middle East sent crude prices higher. Less demand, more production, and inventory drawdowns prevented a greater surge. As tensions rise again, the world needs supply to recover quickly to avoid more economic damage. Read our new blog.
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WATCH: British Airways owner IAG flagged weakness in the US economy market, sending its shares down as much as 10% even as it reported third-quarter operating profit largely in line with expectations https://t.co/CzNcrCcJER
Tesla CEO Elon Musk won shareholder approval for the largest corporate pay package in history. Find out what's moving markets before the Wall Street opens, with Reuters Market Rundown. Read more: https://t.co/v1sMFWggqq
WATCH: The Bank of England kept rates unchanged and said it was slowing the pace of its quantitative tightening program. The slowdown is the first since the Bank started to unwind its gilt holdings in 2022 https://t.co/jrKDHnXxXy
🔊 Eli Lilly and Novo Nordisk reported sluggish growth in the weight-loss drug market. Hear the latest on Reuters World News podcast https://t.co/Ah9A7XhX5O