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Crude oil lower; labor market data points to slowing economy By Investing.com - Jul 07, 2023 2 Investing.com -- Crude oil prices weakened Friday after softer-than-expected U.S. employment data ...
The Energy Report: Crude Inventory Drawdowns, China's Stimulus Boost Oil Prices By Phil Flynn - Sep 24, 2024 4 Oil prices are popping on reports of the biggest real estate stimulus package in ...
Crude oil prices have declined sharply this month, touching a four-year low at one point. Trading volumes in crude futures may be lower than usual in Monday’s session, with some countries ...
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) says the recent drop in global crude oil prices has sparked hopes of a corresponding reduction in petrol prices in ...
This development follows concerns that crude oil output could be disrupted by the unrest and disapproval trailing the appointment of a sole administrator in Rivers State, Vice Admiral Ibok Ete Ibas.
Saudi Arabia's crude oil exports to China are set to increase in May due to a price cut by Saudi Aramco. Aramco will deliver 48 million barrels of oil to Chinese refiners in May, up from 35.5 ...
“A general risk-off environment led to positions being reduced by money-managers in particular, who had added 172 million barrels to their crude oil longs in the three weeks before the tariff ...
The Petroleum Products Retail Outlet Owners Association of Nigeria (PETROAN) says the retail prices of petrol, affected by constant reductions during the naira-for-crude deal, “were not honest”.
Reliance Industries has commenced a 21-day maintenance shutdown this week at its 660,000 barrels-per-day refinery in Jamnagar, India, impacting a crude unit and several secondary units. The shutdown ...
U.S. crude oil inventories rose for a second consecutive week amid an increase in net imports, according to data released Wednesday by the U.S. Energy Information Administration. Commercial crude ...
The light sweet crude oil market has broken down fairly significantly again during the trading session on Wednesday, but we are trying to bounce because quite frankly, there’s only so many ...
The price of WTI Crude oil is around $57.70, and Brent is at $60.69. Experts warn of further declines due to escalating trade tensions.(Photo: Bloomberg) Both benchmarks have tumbled over the five ...