Search results
Oil Extends Gain Even as Saudi Price Cut Signals Demand Concerns
Bloomberg via Yahoo Finance· 2 hours ago(Bloomberg) -- Oil rose for a second session even as Saudi Arabia signaled concerns over the demand...
Oil Climbs as Traders Eye Price Floor Despite US Stockpile Gain
Bloomberg via Yahoo Finance· 12 hours 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· 2 days ago(Bloomberg) -- Oil traders that rely on trend-following algorithms compounded a selloff in crude...
Russia Oil Revenue Rose 50% in May as Nation Adapts to Sanctions
Bloomberg via Yahoo Finance· 18 hours ago(Bloomberg) -- Russia’s oil proceeds to the state budget increased almost 50% in May from a year...
Aramco Cut Oil Prices to Asia for July Amid Demand Concerns
Bloomberg via Yahoo Finance· 14 hours ago(Bloomberg) -- Saudi Aramco lowered prices for all of its oil to Asia next month, the first...
European Stocks to Rise Ahead of ECB, Dollar Slips: Markets Wrap
Bloomberg via Yahoo Finance· 36 minutes ago(Bloomberg) -- European stocks look set to rise ahead of a widely-expected interest rate cut by the...
OPEC+ Supply Move Spooks Oil Traders Still Waiting for Summer
Bloomberg· 21 hours agoOPEC+’s surprise decision to return oil supply to the market later this year has alarmed traders of...
OPEC’s surprise output hike offers Biden break on gas prices
Bloomberg via Yahoo Finance· 1 day agoCrude oil is the biggest factor in what consumers pay for gasoline in the US, accounting for more...
Oil prices rise but hover near four-month low on OPEC+ supply increase later this year
CNBC· 18 hours agoYasir Al-Rumayyan, chairman of Saudi Arabian Oil Co. (Aramco), speaks during a news conference in...
Oil Slumps as OPEC’s Surprise Plan to Raise Output Adds to Gloom
Bloomberg via Yahoo Finance· 2 days ago(Bloomberg) -- Oil tumbled after OPEC+ unexpectedly rolled out a plan to restore some production to...