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Oil bulls lack conviction about sustainability of higher prices
Reuters· 7 days agoHedge funds and other money managers sold the equivalent of 23 million barrels in the six most important petroleum futures and options contracts over the seven days ending on April 16. Purchases ...
What’s Stabilizing Oil Markets in an Era of Unprecedented Turmoil
Barrons.com· 6 days agoThere is no disruption of oil occurring and less prospect of disruption than it seemed a week ago....
Exxon and Chevron Earnings Fall Back to Earth
The Wall Street Journal via Yahoo Finance· 2 days agoOil prices have climbed about 17% this year, pushing Exxon’s share price to a record high in April. It surpassed Tesla’s market value...the prior-year...
U.S. oil rise 1% to nearly $83 a barrel as slowing manufacturing raises interest rate cut hopes
CNBC· 6 days agoU.S. crude oil moved 1% higher to nearly $83 a barrel Tuesday on optimism that weak manufacturing...
ENI shares fall after earnings
Investing.com· 5 days agoLooking ahead, Eni provided an optimistic outlook for 2024, maintaining its full-year hydrocarbon production guidance within the range of 1.69-1.71...
History says stock-market dips caused by geopolitical turmoil ‘should be bought, not sold’: BofA...
Market Watch· 6 days agoSince 2010, the S&P 500 SPX has suffered an average peak-to-trough decline of 8% during major “macro...
Wall Street plunges after US inflation shock
The Telegraph via Yahoo Finance· 3 days agoUS stock markets plunged amid fears of stagflation in the American economy, which grew at its slowest pace in nearly two years just as inflation jumped.
Tucson Speaks Out: April 27 letters of the day
Arizona Daily Star· 2 days agoWhen Biden took office he stated he was going to close down the fossil fuel business. Inflation is created by the Federal government printing U.S....
