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OPEC’s Surprise Output Hike Offers Biden Break on Gas Prices
Bloomberg via Yahoo News· 3 days ago(Bloomberg) -- US President Joe Biden may have just received a timely election boost from an...
Biden Seeks Six Million More Barrels for Reserve as Prices Drop
Bloomberg via Yahoo News· 11 hours ago(Bloomberg) -- The Biden administration is buying six million more barrels for the nation’s oil...
Oil Posts Weekly Loss as OPEC+ Plan Propels Algorithmic Selloff
Bloomberg via Yahoo Finance· 8 hours ago(Bloomberg) -- Oil posted a weekly decline as algorithmic traders accelerated selling pressure after...
Oil Climbs as Traders Eye Price Floor Despite US Stockpile Gain
Bloomberg via Yahoo Finance· 2 days ago(Bloomberg) -- Oil advanced from a four-month low as traders tried to establish a price floor after...
Oil Algorithmic Traders Amplify Crude Price Rout After OPEC’s Surprise
Bloomberg via Yahoo Finance· 3 days ago(Bloomberg) -- Oil traders that rely on trend-following algorithms compounded a selloff in crude...
Treasury Yields Surge as Jobs Spark Rethink on Fed: Markets Wrap
Bloomberg via Yahoo Finance· 7 hours ago(Bloomberg) -- The world’s biggest bond market got hammered as a solid US jobs report made traders...
Oil Swings After OPEC+ Signals Plan to Return Barrels to Market
Bloomberg· 5 days agoOil tumbled after OPEC+ unexpectedly rolled out a plan to restore some production to the market this...
Oil Rises as OPEC Ministers Reiterate Output Path May Be Changed
Bloomberg via Yahoo Finance· 1 day ago(Bloomberg) -- Oil gained for a second session as expectations waned that OPEC and its allies will...
Oil Prices Set for Third Weekly Loss in a Row
Oilprice.com via Yahoo Finance· 21 hours agoOPEC+'s potential supply increases have sent oil prices tumbling, with experts divided on the impact and central banks' rate decisions adding to market uncertainty.
Oil Price Outlook More Bullish Than Selloff Suggests: Fund Manager
Oilprice.com via Yahoo Finance· 17 hours agoPortfolio manager Eric Nuttall argues that the recent oil selloff is unjustified and that the price outlook is more bullish than many believe due to a misunderstanding of OPEC+ plans.