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Oil Stocks Drop for a Second Day
newser· 2 days agoWall Street actually wants the job market and overall economy to slow. Traders upped their expectations for coming cuts to rates following the data...
Oil settles down ahead of OPEC+ meeting, posts weekly loss
Reuters· 6 days agoOil prices fell on Friday and posted a weekly loss as investors awaited an OPEC+ meeting on Sunday...
November’s Election Could Bring A Return To Oil Market Volatility
Forbes· 21 hours agoFor the OPEC+ cartel, that raises the potential for a renewal of rapid US production growth that...
Trending tickers: WH Smith, Inditex, oil, bitcoin
Yahoo Finance UK· 2 days agoIt comes as three British energy companies have decided to delay the planned start of oil production at their joint-venture oilfield in the North Sea by...
Lackluster demand, high interest rates pressure oil prices
Midland Reporter-Telegram· 5 days agoWTI jumped $2.11 Tuesday but then began its downward slide, falling 60 cents Wednesday, $1.32 Thursday and ending the week with a 92-cent fall to end at $76.99, down from $77.72 at last Friday ...
North America Adds Rigs Again
Rigzone.com via Yahoo Finance· 3 days agoThe company’s final rotary rig count of 2023 showed a notable week on week and year on year drop for North America. The region’s rig count decreased by 58 week on week and ...
Trafigura’s Profit Drops 73% as Trading Boom Cycle Fades
Bloomberg via Yahoo Finance· 18 hours ago(Bloomberg) -- Trafigura Group posted its smallest first-half profit since 2020 — down 73% from a...
JPMorgan’s Jamie Dimon is bracing for stagflation, but the economy could be headed for a 1950s-style...
Fortune via Yahoo Finance· 2 days agoThese battles have routinely caused issues for businesses and consumers in recent years,...
World stocks up as investors eye ECB rate cut
Reuters via Yahoo Finance· 4 days agoBy early evening in New York, the MSCI All Country World Price Index added 0.41%. U.S. stocks alternated between gains and losses, amid a reported...
The Energy Report: Demand Drag | Investing.com
Investing.com· 7 days agoOil prices had a terrible month in May as demand concerns continue to plague the market as we head into a new era of uncertainty. On one side, we had...