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OPEC Sticks to Oil-Demand View, Posts Fall in Overall Output
The Wall Street Journal· 2 days agoOPEC left its estimates for global oil-demand growth unchanged for this year and next, while reporting a fall in crude output as the market awaits the cartel’s next production policy move at its upcoming meeting in June.
Oil prices end higher as traders weigh prospects for extension of OPEC+ output cut
Market Watch· 3 days agoIraq’s oil minister on Sunday told the state news agency the country is committed to production cuts...
UPDATE 4-Brent hovers above $83 as inflation data takes centre stage
Reuters via Yahoo Finance· 3 days agoOil prices edged higher on Monday after losing about $1 a barrel in the previous session on signs that U.S. policymakers are likely to keep interest rates higher for longer. U.S. inflation data ...
WTI edges higher to near $78.50 due to drawdown in US inventories, Canada wildfires
The Forex Market· 1 day agoWest Texas Intermediate (WTI) crude Oil price retraces its recent losses, trading around $78.30 per...
Scandi inflation expectations on today's menu
The Forex Market· 9 hours agoIn the US, April industrial production data is due for release. In the euro area, industrial production data for March and employment growth for Q1 are...
The U.S. is refilling the Strategic Petroleum Reserves. What purpose can they serve?
WAMC Northeast Public Radio· 4 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 ...
Putin Visits Xi as US Threatens China Sanctions Over Ties
Bloomberg via Yahoo Finance· 2 days ago(Bloomberg) -- Russian President Vladimir Putin is heading to China for the first foreign visit of...
Questionable Optimism: Rally Persists Despite Rising Tariffs and Inflation Fears | Investing.com
Investing.com· 1 day agoUS President Joe Biden announced eye-watering tariffs on Chinese imports as he accused Chinese...
A second Trump presidency would target IEA's green focus, advisers say
Colorado Springs Gazette· 5 hours agoDonald Trump would likely push to replace the head of the International Energy Agency if he wins the...
Wall Street Trades Flat On Mixed Producer Inflation; Meme Stocks See Wild Ride, Bitcoin Drops:...
Benzinga via Yahoo Finance· 2 days agoWall Street is experiencing a subdued trading session, with all major indices showing minimal...