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crude
Oil prices stabilise after U.S. stock drop and slower inflation
By Robert HarveyLONDON (Reuters) -Brent oil futures held steady on Thursday, bolstered by signs of stronger demand in the U.S. after slower than expected inflation in April and lower oil stocks in the past week.Brent crude futures were…
Oil prices steady on US inventories drawdown expectations
By Noah BrowningLONDON (Reuters) - Oil prices steadied on Wednesday on expectations for higher demand as the U.S. dollar weakened and a report showed U.S. crude and gasoline inventories fell, but longer term, demand in developed…
Russia’s Oil Exports Fall to Their Lowest Level in Two Months
Russia’s crude flows dropped to an eight-week low in the seven days to May 12, with fewer vessels leaving the major ports of Primorsk and Ust-Luga on the Baltic coast and from Murmansk on the Arctic. The four-week average also fell,…
Oil Edges Higher in Tight Range as Traders Weigh China Outlook
(Bloomberg) -- Oil edged higher on signs China may do more to boost growth, but remained within the narrow band in which it’s traded this month.Most Read from BloombergBenchmark Brent was near $83 a barrel, after trading listlessly in a…
Ukrainian attacks on Russian oil refineries may be proving the Biden administration
Ukraine has been targeting Russian oil refineries in recent months.The Biden administration has criticized the strikes, warning of global energy price rises.However, some experts say Ukraine should continue the attacks. Here's…
Is Saudi Aramco cooling on crude oil?
HAS SAUDI ARABIA stopped believing in a future for petroleum? In recent weeks the question has hung over Saudi Aramco. The desert kingdom’s national oil goliath has a central position in the world’s oil…
Gold Price Regains Strength While Crude Oil Price Recovers
Gold price started a fresh increase above $2,320. Crude oil is recovering and might rise toward the $81.20 resistance zone.
Important Takeaways for Gold and Oil Price Analysis Today
Gold price started a decent…
Analysis-Bear market for diesel spells fresh troubles for oil
By Ahmad Ghaddar, Trixie Yap and Shariq KhanLONDON/SINGAPORE/NEW YORK (Reuters) - Profit margins for diesel are slumping as new refineries boost supplies and as mild weather in the northern hemisphere and slow economic activity eat into…
Oil slides on rising US stock piles, strong dollar
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Oil prices fell on Wednesday as industry data showed a rise…
BP Misses Q1 Earnings Forecasts on Lower Oil and Gas Prices
Lower oil and gas prices and a prolonged refinery outage in the United States dragged down BP's earnings for the first quarter to below analyst expectations. UK-based supermajor BP (NYSE: BP) reported on Tuesday an underlying…