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API Reports Significant Draw in Crude Oil Inventories
Oilprice.com via Yahoo Finance· 6 hours agoFor the week prior, the API reported a 2.48 million barrel hike in crude inventories. On Tuesday,...
Oil prices flat as rate, inflation jitters offset big inventory draw
Investing.com via Yahoo Finance· 6 hours agoInvesting.com-- Oil prices steadied in Asian trade on Thursday as optimism over a bigger-than-expected draw in U.S. inventories was offset by caution ahead of key economic data that is likely to factor into interest rates.
Fed official's blunt warning resets rate cut chances
TheStreet via Yahoo Finance· 17 hours ago(MRK) , down about 2%. More Economic Analysis: Investors pushed interest rates higher. The 10-year Treasury yield hit 4.56%, up from 4.47% on Friday and...
The Week in Oil: Federal Reserve Downplays Rate Cuts, Market Looks to OPEC+ Meeting
Morningstar· 6 days agoHere's a look at what happened in oil markets in the week of May 20-24 and what will be in focus in the days to come. OVERVIEW: Oil prices are on track ...
Oil prices ease on US gasoline demand worries, economic data
Reuters· 3 hours agoOil prices eased about 1% on Wednesday on worries over weak U.S. gasoline demand and economic data...
ConocoPhillips buying Marathon Oil for $17.1 billion in all-stock deal as energy prices rise
FOX30 / CBS47 Jacksonville· 15 hours agoConocoPhillips is buying Marathon Oil in an all-stock deal valued at approximately $17.1 billion as...
Oil prices down on demand woes as markets await U.S crude stockpiles data
Investing.com· 2 hours agoOil prices were down on Thursday as the markets wait on the latest U.S. crude oil stockpiles data while resilient U.S. economic activity pointed to borrowing ...
Stocks, bonds slump over global rates angst
Reuters via Yahoo Finance· 1 hour agoThe dollar rode U.S. Treasury yields higher while gold remained under pressure on renewed expectations that the Federal Reserve is unlikely to cut rates...
ConocoPhillips to buy Marathon Oil in $22.5 billion deal in latest energy merger
Reuters via Yahoo Finance· 21 hours agoThe U.S. oil and gas industry has been riding a consolidation wave over the last two years as...
Dow Drops 400 Points as Bond Yields, Oil Prices Rise
Barrons.com· 14 hours agoHigher bond yields and oil prices are weighing on stocks again on Wednesday. This time, Nvidia can't save the market. The Dow Jones Industrial Average...