Latest in Oil Prices Attempt
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Oil prices end higher on surprise fall in U.S. crude supply, rise in gasoline demand
Oil futures finished higher Wednesday, with official U.S. data showing a surprise decline in crude supplies in the latest week and strength in gasoline demand, prompting prices to post their first ...Business - MarketWatch - 6 minutes ago -
Oil prices drop over 6% after Israeli airstrikes spare Iran’s oil facilities
Oil futures fell sharply Monday, with U.S. and global benchmark crude posting the largest one-day percentage decline in over two years after widely anticipated Israeli airstrikes against Iran did ...Business - MarketWatch - Yesterday -
Reeves cuts National Wealth Fund budget despite UK investment drive
Chancellor’s decision comes as government seeks to work with private sector to decarbonise economyBusiness - Financial Times - October 14 -
Oil prices end lower on progress toward Israel-Hamas cease-fire talks
Oil futures finished lower on Thursday, after comments from U.S. Secretary of State Antony Blinken suggesting progress toward Israel-Hamas cease-fire negotiations eased the risk of disruptions to ...Business - MarketWatch - 5 days ago -
Russian Oil Flows Through Western ‘Price Cap’ as Shadow Fleet Grows
A report shows how Russia has largely evaded sanctions aimed at limiting its revenue from oil sales.Business - The New York Times - October 14 -
Oil prices lose 2% after China offers little detail on stimulus plans
Oil futures ended lower Monday to give back all of last week’s gains and then some, after a weekend announcement by Chinese authorities failed to provide details on a stimulus plan sufficient to ...Business - MarketWatch - October 14 -
Oil price slides amid China slowdown and easing Middle East fears
Brent crude slides by almost $3.50 a barrel to below $74 after Opec cuts forecasts for demand growth. Business live – latest updates Global oil prices have tumbled by almost $3.50 a barrel ...World - The Guardian - October 15 -
Lower oil prices are good for consumers — but a bad sign for the global economy
A significant drop in oil prices may offer consumers reason to celebrate, but it also hints at an economic slowdown in China, the world’s second largest economy.Business - MarketWatch - October 16 -
Treasury yields end at nearly 2-week lows as oil prices fall further and U.K. inflation dives
U.S. government debt rallied slightly on Wednesday, pushing yields broadly lower, as crude-oil futures slipped and the U.K.’s annual consumer-price index inflation rate dropped below the Bank of ...Business - MarketWatch - October 16 -
Oil prices down for 4th straight session as traders weigh supply and demand
Crude futures on Wednesday marked a fourth straight session of declines, with prices holding ground at their lowest in two weeks as traders focused on an uncertain demand outlook — particularly ...Business - MarketWatch - October 16 -
Schlumberger’s stock slumps as falling oil prices turn customers cautious
Schlumberger’s stock slumps after revenue misses expectations amid “cautious spending” by some international customers as oil prices fell.Business - MarketWatch - October 18 -
Equinor's Key Profit Measure Lags Forecasts on Lower Oil Prices and Volumes
The Norwegian energy major reported a sharper-than-expected decline in underlying profit for the third quarter as a drop in oil prices and sales volumes offset resilient gas production.Business - The Wall Street Journal - 6 days ago -
Oil prices finish higher for the week as Middle East worries linger
Oil futures climbed Friday, contributing to a gain for the week, with lingering worries over the potential for a wider Middle East conflict helping to put a floor under crude prices.Business - MarketWatch - 5 days ago -
BP reports lowest quarterly profit since pandemic on weak oil prices
Energy group pledges to review share buyback plan in February after latest $1.75bn repurchaseBusiness - Financial Times - Yesterday -
Petrol and food prices will fall thanks to oil glut, says World Bank
Downward trend in oil price from higher production, falling demand in China and clean energy to continue. Business live – latest updates Petrol and food prices will fall over the next two ...World - The Guardian - Yesterday -
Oil prices edge down to finish at lowest in seven weeks
Oil futures declined on Tuesday, giving up earlier support a day after suffering their largest daily percentage decline in more than two years, with U.S. and global benchmark prices settling at ...Business - MarketWatch - 23 hours ago -
Oil prices drop over 4% after report Israel won’t target Iran’s oil facilities
Oil futures dropped by more than 4% on Tuesday, with U.S. and global benchmark prices settling at their lowest in about two weeks after a report that Israel will not attack key oil facilities in Iran.Business - MarketWatch - October 15 -
Oil Prices Fall After Israel Reportedly Says It Won’t Target Iran’s Nuclear or Oil Facilities
Brent crude, the international benchmark, was trading at below $74 a barrel on Tuesday, a drop from the $80 range.World - The New York Times - October 15 -
U.S. crude oil prices fall more than 2% after OPEC cuts demand forecast again
Soft demand in China has weighed on the market for months.Business - CNBC - October 14 -
Russian oil trade is rising with record crude volumes on 'dark fleet' vessels despite sanctions, price cap
Lloyd's List reports record volumes of Russian oil carried on "dark fleet" vessels and sanctioned tankers without known insurance in September.Business - CNBC - October 14 -
Why Saudi Arabia may ‘open the spigot’ on oil production — and crater crude prices
The possibly that Saudi Arabia will lift the “floodgates” on its oil production has climbed in recent weeks, fueled by ”deteriorating cohesion” among the group of major oil producers known as ...Business - MarketWatch - October 14 -
U.S. crude prices fall more than 4% as Israel is not expected to strike Iran's oil industry
The International Energy Agency said Tuesday that its members are prepared to take action if there is a supply disruption in the Middle East.Business - CNBC - October 15 -
Global public debt to hit $100tn this year, says IMF; Boeing to raise up to $25bn to shore up balance sheet – business live
Rolling coverage of the latest economic and financial news, as IMF warns that future debt levels could be higher than currently projected. Cooling labour market adds to Reeves’s tax-raising ...World - The Guardian - October 15