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ECB's Kazimir shifts focus to gas prices, sees upside inflation risk

ECB's Kazimir shifts focus to gas prices, sees upside inflation risk

FRANKFURT, Sept 14 (Reuters) - Euro zone inflation could turn out higher than already elevated projections and the development of natural gas and power prices is becoming a key concern, European Central Bank policymaker Peter Kazimir said on Monday.
ReutersReuters
ECB's Kazaks sees growing case for more tightening

ECB's Kazaks sees growing case for more tightening

By Francesco Canepa FRANKFURT, Sept 14 (Reuters) - The European Central Bank may need to gradually raise interest rates further to curb inflation before an Iran war-driven rise in fuel costs starts seeping through to wages and other prices, ECB policymaker Martins Kazaks told Reuters.
ReutersReuters
BOJ executive saw need for vigilance to 'non-linear' inflation spikes

BOJ executive saw need for vigilance to 'non-linear' inflation spikes

TOKYO, Sept 14 (Reuters) - Japan saw inflation spike due to rising import costs and currency shocks, suggesting such price reactions needed to factor into monetary policy considerations, a central bank official was quoted as saying in conference notes released on Monday.
ReutersReuters
Chevron eyes Argentina, Mediterranean for global LNG growth, deal with India

Chevron eyes Argentina, Mediterranean for global LNG growth, deal with India

By Emily Chow and Florence Tan BANGKOK, Sept 14 (Reuters) - Chevron is looking to expand its global gas portfolio from Argentina to the Mediterranean to meet growing demand from buyers concerned about energy security due to the crisis in the Middle East, President of Global Gas Freeman Shaheen said.
ReutersReuters
ECB policymakers open door to more rate hikes on energy risk

ECB policymakers open door to more rate hikes on energy risk

By Francesco Canepa and Balazs Koranyi FRANKFURT, Sept 11 (Reuters) - Two European Central Bank policymakers opened the door on Friday to further interest rate increases if a war-fuelled rise in energy prices continues and pushes up other prices in the euro zone.
ReutersReuters
Oil falls but head for 8% weekly gain on tight supply; US diesel hits record

Oil falls but head for 8% weekly gain on tight supply; US diesel hits record

HOUSTON, Sept 11 (Reuters) - Oil prices fell on Friday but remained on course for a weekly gain of more than 8%, while U.S. diesel prices hit a record high as attacks along Middle East shipping routes stoked concerns about prolonged supply disruptions.
ReutersReuters
ECB's hawkish stance and rising energy prices prompt expectations of further rate hikes

ECB's hawkish stance and rising energy prices prompt expectations of further rate hikes

By Rashika Singh Sept 10 (Reuters) - Wall Street banks Goldman Sachs and Citigroup, alongside Barclays, expect the European Central Bank to raise interest rates further after Thursday's hawkish policy decision reinforced concerns that inflation could remain elevated for longer.
ReutersReuters
Oil falls but on track for sharp weekly gain on supply concerns; US diesel hits record high

Oil falls but on track for sharp weekly gain on supply concerns; US diesel hits record high

HOUSTON, Sept 11 (Reuters) - Oil prices fell on Friday but remained on course for a weekly gain of more than 9%, while U.S. diesel prices hit a record high as attacks along Middle East shipping routes stoked concerns about prolonged supply disruptions.
ReutersReuters
Oil set for weekly gain of over 7% on supply disruptions; US diesel hits record high

Oil set for weekly gain of over 7% on supply disruptions; US diesel hits record high

By Anushree Mukherjee Sept 11 (Reuters) - Oil prices slipped on Friday but were still up more than 7% for the week and U.S. diesel prices hit a record high as attacks along key Middle East shipping routes stoked prolonged supply disruption fears.
ReutersReuters
Bonds, stocks selloff pauses as oil falls; pivotal CPI report due

Bonds, stocks selloff pauses as oil falls; pivotal CPI report due

By Samuel Indyk and Stella Qiu LONDON, Sept 11 (Reuters) - A selloff in global bond and equity markets paused on Friday as oil prices retreated from a four-month high, though the recent surge in energy costs continued to fuel inflation worries and expectations that central banks may need to tighten
ReutersReuters
ECB's hawkish stance prompts calls for further rate hikes

ECB's hawkish stance prompts calls for further rate hikes

By Rashika Singh Sept 10 (Reuters) - Goldman Sachs, Citigroup and Barclays are forecasting the European Central Bank will tighten policy further as a renewed surge in energy prices raises concerns over inflation easing back towards target.
AP NewsAP News
US diesel prices soar past $6 a gallon, deepening strain for hauling everyday goods

US diesel prices soar past $6 a gallon, deepening strain for hauling everyday goods

Diesel prices in the U.S. has hit yet another record, soaring past $6 a gallon on average as Washington’s war with Iran disrupts the world’s flow of fuel