crude oil

Oil rises towards $75 as U.S. demand and Fed outweigh virus concern

Oil rose towards $75 on Thursday supported by record U.S. implied demand and falling crude stockpiles, even as the spread…

4 years ago

In 2022, global crude oil prices are expected to fall!

Since the third quarter of 2020, global demand for crude oil and petroleum products has outpaced supply, resulting in lower…

4 years ago

Stocks slip, short-term yields leap with inflation

Tech shares slipped and short-term Treasury yields jumped on Wednesday as investors expect inflation to prompt interest rate hikes, with…

4 years ago

Marketmind: What could possibly go wrong?

Optimism for the third quarter earnings season has provided a timely boost for equity markets, which flirted with correction territory…

4 years ago

U.S. Gulf crude oil ramps up after hurricane losses -data

U.S. Gulf Coast crude oil exports are flowing again after recent hurricanes took out 26 million barrels of offshore production,…

4 years ago

U.S. Gulf Coast energy firms face another hurricane hit

Evacuations were underway on Monday from offshore U.S. Gulf of Mexico oil platforms as onshore oil refiners began preparing for…

4 years ago

Oil rises on declining inventories and weaker dollar

Oil prices edged higher on Thursday, supported by a sharp decline in U.S. crude stocks and a weaker dollar, though…

4 years ago

China’s export slowdown in July may signal more bumps ahead

China's export growth unexpectedly slowed in July following outbreaks of COVID-19 cases, while imports also lost momentum, pointing to a…

4 years ago

Oil piles on losses following OPEC+ deal to boost supply, rising COVID cases

Oil slumped $5 a barrel on Monday, closing out its worst day since March, after an OPEC+ agreement to boost…

4 years ago

World shares cling near record highs

World stocks clung close to record highs on Monday as worries about the Delta variant of COVID-19 offset positive sentiment…

4 years ago