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Oil prices retreated on Tuesday, having climbed almost 2% in the previous session, as investors assessed the latest ...
Exxon just warned Wall Street of billion-dollar profit hits. Here's what may cause it. Exxon flags potential hit in profit just as OPEC and allies announce larger production increases. Oil futures ...
While prices initially slid yesterday following a larger-than-expected OPEC+ supply hike, the market managed to turn positive ...
AUD/USD consolidates latest gains below 0.6550 as RBA Governor Bullock's press conference gets underway early Tuesday. The Aussie's uptick was driven by the RBA's surprise policy decision. The RBA ...
Despite concerns over excess supply, oil prices overturned declines from earlier in Monday’s session, as downside risks ...
Regarding supplies, on Saturday the Organization of the Petroleum Exporting Countries and allies, a group known as OPEC+, ...
Oil prices eased on Tuesday following a nearly 2% surge the previous day, as markets digested escalating U.S. tariff tensions ...
No significant refill yet for Strategic Petroleum Reserve, but new law set to advance Trump’s pledge
The Trump administration hasn't acted "immediately" to refill the reserve, as Trump said he would. But a fast refill is being prevented by maintenance concerns, and funding for both repairs and new ...
Wall Street analysts predict oil futures will fall below $60 per barrel by the end of the year as the Organization of the ...
August RBOB is trading close to its highs of the day, but ULSD has backed off more than 4cts since peaking at $2.4356/gal. For the moment, August RBOB is turning in a slightly better performance. The ...
Oil rose 1% on Monday as signs of strong demand outweighed the impact of OPEC+ hiking output more than expected for August, ...
Oil prices edged higher Monday even after OPEC+ announced a larger-than-expected supply boost for August, with the physical ...
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