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Oil steady as investors eye US inflation, OPEC report
Reuters via Yahoo Finance· 4 hours ago"Oil prices were slightly higher overnight but remain in a broad holding pattern over the past week,...
The U.S. is refilling the Strategic Petroleum Reserves. What purpose can they serve?
KTEP 88.5 El Paso· 2 days agoJoe Weisenthal is executive editor of news for Bloomberg Digital, and he sees a shift in the SPR's purpose. JOE WEISENTHAL: Thank you so much for having me. The Biden administration just announced ...
Oil Steadies as Traders Look to OPEC Report and Inflation Data
Bloomberg via Yahoo Finance· 2 hours ago(Bloomberg) -- Oil held a gain before the release of OPEC’s market outlook, with traders looking for...
The Biden Administration Is Not Refilling The Strategic Petroleum Reserve
Forbes· 1 day agoTo recap, the SPR is maintained by the U.S. Department of Energy, and its oil stocks are stored in huge underground salt caverns at four sites along the coastline of the Gulf ...
Oil prices settle up on demand optimism, US inflation in focus
StreetInsider· 7 hours agoNEW YORK (Reuters) -Oil prices rose on Monday, as signs of improving demand in the U.S. and China, the top two oil consumers, aided the bounce from the ...
Oil slips on signs of weak fuel demand, strong dollar
Investing.com· 1 day agoSINGAPORE (Reuters) -Oil prices extended declines on Monday amid signs of weak fuel demand and as...
Forecasts for April CPI Report Show Continued Sticky Inflation
Morningstar· 12 hours agoEconomists forecast that the April Consumer Price Index report will show inflation remaining stubbornly above where Federal Reserve officials would like to see it, largely ...
Oil flirts with $78 break despite lingering Middle Eastern tensions
The Forex Market· 19 hours agoOil retreats to $78.00 after a failed attempt to snap above $80.00 on Friday. Oil prices edge up...
Oil Edges Up While Cloudy Outlook Keeps Prices Locked in Range
Bloomberg via Yahoo Finance· 10 hours ago(Bloomberg) -- Oil edged higher as signs of a tighter market vied with decreased geopolitical risks...
Schumer Urges FTC To Halt Chevron-Hess $53-Billion Deal
International Business Times· 18 hours agoSenate Majority leader Chuck Schumer has called on the Federal Trade Commission (FTC) to "pump the...