Crude Oil Edges Higher; WTI Takes Lead on U.S. Demand
By Peter Nurse Investing.com -- Oil prices slipped slightly Monday on concerns that China will struggle to fully reopen after its prolonged COVID-19 lockdowns, but prices remain elevated...
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Brent Oil News & Analysis
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Dow Futures Rise 330 Pts; Retail Sector Earnings to Continue
By Peter Nurse Investing.com -- U.S. stocks are seen opening higher Monday, with investors looking to start the new week on a brighter note, looking for bargains after a relentless...
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European Stocks Higher; German Ifo Offers Positive Surprises
By Peter Nurse Investing.com - European stock markets traded higher Monday, with improved German business sentiment helping the tone despite worries about inflation and rising interest rates...
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European Stock Futures Higher; German Ifo Index Due
By Peter Nurse Investing.com - European stock markets are expected to open higher Monday, with risk sentiment on the rise despite worries about inflation and rising interest rates weighing...
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Oil Up Over Tight Supply and Growing Demand
By Gina Lee Investing.com – Oil was up on Monday morning in Asia as the U.S. peak driving season sees higher demand. Brent oil futures gained 0.63% to $110.71 by 12:26 AM ET (4:26 AM GMT)...
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Oil prices rise in tight market; Brent crude reaches $113.37/bbl
Brent crude futures rose 82 cents to $113.37 a barrel at 0126 GMT, while US West Texas Intermediate (WTI) crude futures climbed 69 cents, or 0.6%, to $110.97 a barrel, adding to last week's...
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Oil climbs in tight market as U.S. driving season looms
By Sonali Paul MELBOURNE (Reuters) – Oil prices rose in early trade on Monday with U.S. fuel demand, tight supply and a slightly weaker U.S. dollar supporting the market, as Shanghai...
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Can Iraq Help Alleviate Oil Supply Issues and Stabilize the Market?
With Russian oil heading eastwards, the West is looking at all possible avenues to boost oil supply. To this extent, Iraq can, perhaps, play a major role. In its latest weekly report,...
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Global diesel shortages herald imminent economic slowdown
Global distillate fuel oil shortages signal the business cycle is peaking and a period of slower growth or even a recession is imminent to bring consumption back in line with production....
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Robust middle distillate margins lift Asian demand for Middle East crudes
Asian demand for July-loading Middle East medium sour grades has strengthened as healthy refinery margins for middle distillates, improved Chinese appetite and a closed arbitrage window...
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Consumers are hurting as ‘global energy shock’ gets underway, says World Energy Council
The current oil crisis isn’t like previous ones — and consumers will have to bear the brunt of it even as they grapple with rising inflation, Angela Wilkinson from the World Energy Council...
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U.S. drillers add oil and gas rigs for ninth week in a row -Baker Hughes
U.S. energy firms this week added oil and natural gas rigs for a ninth week in a row, data showed on Friday, as mostly small producers respond to high prices and prodding by the government...
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Oil settles up as supply risks outweigh economic worries
Oil prices settled slightly higher on Friday as a planned European Union ban on Russian oil and easing of COVID-19 lockdowns in China countered concerns that slowing economic growth will...
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Fitch Affirms Kinder Morgan, Inc. at ‘BBB’; Outlook Stable
Fitch Ratings has affirmed Kinder Morgan, Inc.’s (KMI) and its guarantee-providing subsidiaries’ Long-Term Issuer Default Ratings (IDRs) and senior unsecured ratings at ‘BBB’. Additionally,...
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Argentina hits highest monthly crude output in over a decade
Argentina pumped more crude oil in April than in any month since 2011, the energy ministry said on Friday, with much of the increased production coming from the South American country’s...
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Energy & Precious Metals - Weekly Review and Outlook
By Barani Krishnan Investing.com -- The Federal Reserve is letting the stock market crash in order to bring U.S. inflation under control. If fuel and food prices continue rising, will the...
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Oil Market Fears Recession More Than Tight Fuel Inventories
The oil market wrapped up another volatile week of hectic trading, swinging up and down in a $5 a barrel range as it was pulled between bullish and bearish catalysts in both directions every...
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Elon Musk called ESG a scam — did the Tesla chief do investors a favor?
Elon Musk called ESG a scam — did the Tesla chief do investors a favor?
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Sustainable Investing: Elon Musk called ESG a scam — did the Tesla chief do investors a favor?
A major move to cut Tesla from a closely followed environmental, social and governance (ESG) index brought anger and relief in nearly equal measure.
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Crude check: Bulls coming back?
Yet, the near-term trend for the commodity is uncertain
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Oil Little Changed on Week, After U.S. Fuel Prices Hit Record Highs
By Barani Krishnan Investing.com -- Oil prices were little changed heading into Friday’s finish and the weekend as bulls and bears squared off in their quest to best the market’s recent...
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Crude Oil Largely Flat; Traders Seeking New Impetus
By Peter Nurse Investing.com -- Oil prices were largely unchanged Friday, on course to end the week basically flat as traders attempt to balance out tentative hopes for the end of Shanghai’s...
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Dow Futures Up 280 Pts; Chinese Cut, Palo Alto Earnings in Focus
By Peter Nurse Investing.com -- U.S. stocks are seen opening higher Friday, attempting to end a turbulent week on a positive note with monetary policy easing by China helping global...
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Chinese Easing, Europe Data Shocks, Palo Alto Earnings - What's Moving Markets
By Geoffrey Smith Investing.com --- A modest bit of monetary easing in China triggers a short-covering bounce in the U.S., but stocks are still on course for their lowest weekly close since...
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European Stocks Higher; China Rate Cut, UK Retail Sales Help
By Peter Nurse Investing.com - European stock markets traded higher Friday, ending the week on a positive note with investors buoyed by strong U.K. retail sales data as well as China...
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Extreme Volatility: How Long? 5 Key Points This Friday on the Stock Market
By Laura Sánchez Investing.com - Investors are, once again, showing their buy and sell reactions on the stock markets in a scenario of high volatility. The corporate earnings season...
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European Stock Futures Surge Higher; Chinese Rate Cut Boosts Sentiment
By Peter Nurse Investing.com - European stock markets are expected to open sharply higher Friday, following the positive lead from Asia after China cut a key lending benchmark, seeking to...
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Oil Down, Economic Growth Concerns Overshadow Potential Chinese Demand Rebound
By Gina Lee Investing.com – Oil was down on Friday morning in Asia, but was little changed as concerns about weaker economic growth eclipse expectations of a demand rebound in China. Brent...
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Malaysia ministry says decision pending on proposed cut in palm oil export tax
KUALA LUMPUR (Reuters) – Malaysia’s Commodities Ministry on Friday said it is in discussions with the Finance Ministry to look into the viability of slashing an export tax on palm oil to...
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Indonesia ministry to hold briefing on lifting of palm oil export ban
JAKARTA (Reuters) – Indonesia’s Coordinating Ministry for Economic Affairs is scheduled to hold a briefing on the Southeast Asian country’s reopening of palm oil exports at 0300 GMT on...
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Explosion at a South Korean oil refinery shuts it down - one worker killed
Info comes via Reuters:blast at South Korea's S-Oil Corp's Onsan refinery in Ulsan, a 669,000-barrel-per-day (bpd) refineryOne person killed, nine others were injured late Thursday...
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Oil steady as economic worries offset possible China demand rise
By Scott DiSavino (Reuters) – Oil prices were little changed on Friday as worries about weaker economic growth offset expectations that crude demand could rebound in China as Shanghai...
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President Biden Considers Meeting Saudi Crown Prince As Oil Prices Soar
U.S. President Joe Biden could meet with Saudi Arabia’s Mohammed bin Salman, or MbS, as soon as next month, anonymous sources told CNN on Thursday. Biden officials are now in the middle of...
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Oil Prices May Not Drop, Even If There Is A Recession
As a growing number of economists and Wall Street bankers warn that a recession is coming later this year or next year, another camp of analysts says that a recession—even if it did...
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