Oil Prices Post Weekly Loss
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U.S. oil prices settle at one-week high on post-CPI relief rally and drop in crude supplies
U.S. oil prices settled at their highest level in a week on Thursday, extending a relief rally sparked by data showing a slowdown in key U.S. inflation data.MarketWatch - Business -
Oil prices rise as crude inventories fall and U.S. inflation eases
West Texas Intermediate and Brent are flat for the week. The contracts have lost 4% and 5.8%, respectively, for the month.CNBC - Business -
Weekly quiz: Why are puffins causing an international row?
Test how closely you have been paying attention to what has been going on over the past seven days.BBC News - Top stories -
Wildfires rage in Canada’s oil hub
Blazes put more than 2mn barrels a day of supply at risk amid geopolitical tensions in Middle East and RussiaFinancial Times - World -
Chevron to sell UK North Sea assets as it exits ageing oil basin
Company to focus on newer oilfields, bringing to an end more than 55 years of operations in regionFinancial Times - Business - United Kingdom -
Collusion claims in US oil must reckon with record production
It should be no surprise that Texans are themselves capitalists firstFinancial Times - World -
Extent of oil spill following barge collision with Texas bridge unclear: Coast Guard
Officials are monitoring an oil spill in Texas waterways after the partial collapse of a bridge that was struck by a barge.ABC News - Top stories -
Chevron to sell off its remaining North Sea oil and gas fields
US company denies decision is linked to UK’s 35% windfall tax on North Sea producers. Chevron is preparing to call time on more than five decades in the North Sea with a plan to sell its remaining oil and gas fields in the ageing oil basin.. The ...The Guardian - World -
Oil Edges Higher, Aided by Fed Rate-Cut Prospects
Oil edged higher in early trade, aided by prospects of Fed rate cuts which would help support the U.S. economy and energy demand.The Wall Street Journal - World - Federal Reserve -
Alleged ‘deal’ offer from Trump to big oil could save industry $110bn, study finds
Ex-president at Mar-a-Lago last month hosted more than 20 executives, including from Chevron, Exxon and Occidental. A “deal” allegedly offered by Donald Trump to big-oil executives as he sought $1bn in campaign donations could save the industry ...The Guardian - World - Donald Trump -
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Rain, cooler temperatures help prevent wildfire near Canada's oil sands from growing
A wildfire that has forced thousands of people out of their homes in Canada’s oil sands hub city of Fort McMurray, Alberta is being held in place as rain and cooler temperatures sweep through the areaABC News - World -
Roche says weight loss drug shows promising results in early trial
The weekly injection helped patients with obesity lose 18.8% of their weight relative to those who received a placebo, after 24 weeks in the phase one trial.CNBC - Business -
Clark held to rare single digits in Fever home loss
Caitlin Clark scored 9 points in the Fever's 102-66 loss at home to the Liberty. It was the first time Clark was held to single digits in scoring since January 2021.ESPN - Sports -
Why we’re relaunching our guide to post-Brexit Britain
Upgrading state will take more than money; plus, businesses bewail new hostile environment for overseas graduatesFinancial Times - Business - United Kingdom -
Walmart Posts Sales Growth, Raises Earnings Outlook for the Year
In the U.S., more people shopped at Walmart and bought more products, but the average amount spent per visit was flat compared with the same quarter last year.The Wall Street Journal - World -
'That was a lie!': Trump's lawyer gets heated during questioning of former fixer Michael Cohen
Michael Cohen will be back on the witness stand to continue facing off against Donald Trump's defense as the historic criminal case against the former president nears an end.NBC News - Top stories - Donald Trump -
Why the post-Fed stock-market rally is raising fresh inflation questions
The issue is whether Fed Chair Jerome Powell’s post-meeting remarks on May 1 — in which he said the central bank’s next move is “unlikely” to be a rate hike — are now easing financial conditions by so much that this ends up stalling progress on ...MarketWatch - Business -
Post-Brexit deal on border between Gibraltar and Spain remains unresolved
European Commission vice president, Maroš Šefčovič, cites progress on trade and economy for territory but not border checks. Talks on a post-Brexit deal to govern the border between Gibraltar and Spain have broken up without an agreement, although ...The Guardian - World -
Rock band Cage the Elephant emerge from loss and hospitalization with new album 'Neon Pill'
To say Cage the Elephant’s latest album had a turbulent birth would be an understatementABC News - Entertainment -
Caitlin Clark home debut: Star rookie struggles in blowout loss to New York Liberty
Clark and the Fever are still yet to get a win this season.Yahoo Sports - Sports - New York -
Caitlin Clark's home debut for Fever spoiled by MVP performance from Liberty's Breanna Stewart
Stewart went off for 31 points, 10 rebounds, four assists, three steals and two blocksCBS Sports - Sports -
Caitlin Clark, Fever facing plenty of growing pains early after another blowout loss in home debut
The atmosphere was electric for Clark's home debut and there were brief flashes from the Fever, but it's clear they've got plenty to work on before they can compete with the WNBA's elite teams.Yahoo Sports - Sports