Oil Rally
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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 -
Niger’s first oil exports
The west African country is on the verge of becoming a regional oil majorFinancial Times - World -
This gold rally is made in China
The average daily trading volume on the Shanghai Gold Exchange almost doubled in AprilFinancial Times - Business - China -
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 -
Trump rallies blend carnival with politics
A recent New Jersey event was as big and bombastic as the star act himselfFinancial Times - Business - Donald Trump -
Oil Prices Rise But Stay Stuck in Narrow Range
Oil futures edged higher with the market awaiting OPEC’s next move, with three possible scenarios for the June 1 meeting—extend, unwind or completely remove the voluntary cuts of 2.2 million barrels a day.The Wall Street Journal - World -
Oil Falls on Concerns of Higher-for-Longer U.S. Rates
Oil prices declined as some Fed officials remain cautious on the recent easing of inflation, prompting concerns that U.S. interest rates could stay high for longer.The Wall Street Journal - World -
Biden and Big Oil Had a Truce. Now, It’s Collapsing.
Companies were enjoying record profits. But the president’s decision to pause permits for gas export terminals has whipped up industry support, and donations, for Donald Trump.The New York Times - Top stories - Joe Biden -
How the Rangers rallied their way to the Eastern Conference finals
New York is halfway to winning the Stanley Cup, with just two losses. Here are the keys to the team's run.ESPN - Sports -
Thousands are expected to rally in Washington in support of Palestinian rights
The event commemorates the 76th anniversary of what is called the Nakba.ABC News - Top stories -
Usyk floors Fury, rallies to claim undisputed crown
Oleksandr Usyk nearly stopped Tyson Fury in the ninth round and pulled out a split decision win to become the first undisputed heavyweight champion in the four-belt era.ESPN - Sports -
At Chaotic Rally in Brooklyn, Police Violently Confront Protesters
Officers were filmed punching several people at a pro-Palestinian demonstration in Bay Ridge.The New York Times - Top stories -
Gold's Global Rally Is Sparking a New Investor Class
Gold is hitting record highs— bucking long held trends for the commodity. WSJ breaks down the factors behind its rally and why that’s bringing in a new class of investors.The Wall Street Journal - World -
'Fully loaded' Wolves rally, end Nuggets' reign
The Minnesota Timberwolves, who trailed by as many as 20 points in the third quarter on Sunday night at Ball Arena, stormed back to defeat the Denver Nuggets in Game 7, knocking out the NBA's defending champions in the second round.ESPN - Sports - NBA -
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 -
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 -
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 Prices Rise on Positive Inflation Data, Stockpile Falls
Oil prices rose, with positive sentiment supported by positive economic data and a fall in inventories.The Wall Street Journal - World -
Texas barge crash spills "environmentally toxic" oil into water
The barge was carrying vacuum gas oil, which has been linked to skin cancer and lung issues and is considered "environmentally toxic."CBS News - Top stories -
Martin Rowson on climate change, and the price of olive oil – cartoon
Continue reading...The Guardian - World - Climate -
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Latest Houthi strike in Red Sea hits oil tanker: US officials
The latest attack by Yemen's Houthi rebels in the Red Sea struck a Greek-owned and operated oil tanker with a ballistic missile early Saturday, according to U.S. officials. The Iranian-backed group hit the oil tanker Wind at around 1 a.m. local ...The Hill - Politics -
Oil prices fall as traders monitor developments in Iran after president's death
Ebrahim Raisi, president of OPEC's third-largest producer, died in a helicopter accident.CNBC - Business - Iran -
Green activists push Biden to freeze ‘disastrous’ deepwater oil export rigs
Sensing election-year traction, coalition of 20 environmental groups also demand entrenchment of pause in gas-export licences. Joe Biden’s administration is coming under renewed pressure to escalate its curbs on the US’s booming trade in fossil ...The Guardian - World - Joe Biden -
Oil prices settle lower as traders fret over the outlook for demand
Oil futures finished lower Tuesday to notch back-to-back session losses, with traders concerned about the outlook for crude demand as the Federal Reserve maintains higher interest rates.MarketWatch - Business -
Climate victims file criminal case against bosses of oil firm Total
Case alleges French company’s exploitation of fossil fuel contributed to deaths of victims in extreme weather disasters. A criminal case has been filed against the CEO and directors of the French oil company TotalEnergies, alleging its fossil fuel ...The Guardian - World - Climate -
UK and Finland discuss further efforts to stop Russia’s shadow oil fleet
Third parties could be required to do more to block tankers from operating in Baltic and the Channel. Russia-Ukraine war – latest news updatesBritain and Finland are discussing plans to require third parties to do more to block the Russian shadow ...The Guardian - World - United Kingdom -
Shell investors back oil major’s move to weaken climate targets
Shareholders reject resolution by activist group Follow This urging tighter goalsFinancial Times - Business - Climate -
Pro-cannabis advocates in Thailand rally ahead of the government's plan to recriminalize the plant
Dozens of pro-cannabis advocates in Thailand gathered at the health ministry on Thursday to oppose the government’s plan to relist it as narcotics, two years after it was decriminalizedABC News - World -
Democrats rally against GOP Israel bill as leaders crack whip
Democrats are rallying to oppose a House GOP effort meant to expose their divisions on Israel as the party moves to align with President Biden, who has threatened to veto the measure, and their own leaders who are whipping against it. The ...The Hill - Politics - Israel -
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 -
These behavioral trends drove the GameStop and AMC meme-stock rally
The meme-stock rally that lifted shares of GameStop Corp. and AMC Entertainment Holdings Inc. this week tapped into a range of human behaviors, according to behavioral finance expert Victor Ricciardi.MarketWatch - Business -
Mayoral candidate, five others killed in gunfire at a campaign rally in Mexico
A mayoral candidate and five other people have been killed in a shooting at a campaign rally in the violence-wracked southern Mexico state of ChiapasABC News - World - Mexico -
Mayoral candidate and five others killed in shooting at campaign rally in Mexico
Young girl was among six people killed in gunfire in an area of Chiapas where shootings have become common and widespread. A mayoral candidate and five other people have been killed when gunmen opened fire at a campaign rally in the ...The Guardian - World -
US companies find borrowing conditions improving as markets rally
Chicago Fed’s index of financial conditions falls to lowest level since January 2022Financial Times - Business -
Venezuelan opposition presidential candidate Gonzalez seeks unity in first rally
The presidential candidate of Venezuela’s chief opposition coalition has sought to cultivate a mood of hope and possibility in a large rally that marked the start of a campaign he admittedly never imagined leadingABC News - World -
Phillies keep rallying late, stealing wins and showing it might be a skill
The ability to steal wins, to continuously come back late in games doesn't seem like a characteristic that should easily translate from one year to the next, but the Phillies are putting it to the test.Yahoo Sports - Sports -
Mavericks rally past Thunder, secure berth in Western Conference finals
After overturning a 17-point deficit, Dallas will play either the Minnesota Timberwolves or Denver Nuggets.ESPN - Sports -
Dollar rally falters as falling inflation raises hopes of rate cuts
US currency on track for first negative month of the year after end to months of above-forecast CPI dataFinancial Times - Business