Oil Prices Drop 22 This Week Despite Opec Cuts
Sort by
Date
Items per page
-
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 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 -
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 -
BoE needs more evidence of price pressures easing before cutting rates, says policymaker
Megan Greene believes ‘burden of proof’ must lie in inflation waning before Bank of England loosens stanceFinancial Times - Business -
Under Armour to Slash Jobs, Warns of Revenue Drop
CEO Kevin Plank said the sportswear brand has tried to do “too much of too much” and will focus on selling fewer products on discounts.The Wall Street Journal - World -
Despite Inflation Concerns, Markets Keep Rising
Stocks on both sides of the Atlantic set records as investors foresee interest rates moving in one direction: down.The New York Times - Business -
Applied Materials’ stock dips despite upbeat earnings
The chip-equipment company’s revenue outlook exceeded expectations at the midpoint.MarketWatch - Business -
'No financial room,' German minister says as tax revenues drop
Yahoo News - World - Germany -
Nikkei Drops 0.8%, Dragged by Machinery, Real-Estate Stocks
Japanese stocks were lower in early trade, dragged by falls in machinery and real-estate stocks as caution about the Fed’s policy outlook and borrowing costs persists.The Wall Street Journal - World -
How Russia has advanced in Kharkiv despite warnings attack was coming
Shortage of munitions, fighters and air defences leaves Ukraine unprepared to repel attack. Russia’s attack across the border north and north-west of Kharkiv was telegraphed by Moscow, predicted by western intelligence and anticipated by Ukraine. ...The Guardian - World - Russia -
The right US-China policy prioritizes collaboration despite competition
Conflict and hostility currently dominate the China discourse.The Hill - Politics -
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 -
Premier League betting: Despite Manchester City's status as extreme title favorites, there's still value to be had Sunday
City is -1600 to win the league but only -900 to beat West Ham. A victory over West Ham locks up a fourth consecutive EPL title.Yahoo Sports - Sports - Premier League -
Mets owner Steve Cohen denies team is planning to sell at trade deadline despite now-deleted tweet
The Mets sit in fourth place in the NL East at 19-23CBS Sports - Sports -
Tom Brady won't be restricted on NFL games he can broadcast despite pending ownership deal with Raiders
An NFL exec says as of right now, 'Tom's able to call any game on the schedule'CBS Sports - Sports - NFL -
2024 PGA Championship takeaways: Rory McIlroy looks poised to break major drought despite struggles off tee
Will McIlroy win his third straight tournament and take home his first major championship in a decade?CBS Sports - Sports -
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 -
Rain, cooler temperatures help prevent wildfire near Canada's oil sands from growing
Yahoo News - World -
Russia gives British diplomat a week to leave
The expulsion of Capt Adrian Coghill comes after his counterpart was removed from Britain last week.BBC News - Top stories - Russia -
WNBA charter flights to be fully set by next week
All WNBA teams will be using the league's new charter flight program by early next week, a spokesman told ESPN.ESPN - Sports - WNBA -
Key weeks ahead for Russia’s war in Ukraine
Russia has launched a push north of Kharkiv but its ultimate goal is so far unclear.BBC News - Top stories - Ukraine -
Dow Closes Below 40000 After Hitting Milestone
The Dow Jones Industrial Average crossed 40000 for the first time before pulling back to finish the day with a loss of around 0.1%. The S&P 500 and Nasdaq Composite also retreated.The Wall Street Journal - World -
Hunt to claim only Tories will cut UK tax burden after the election
Chancellor to attack Labour in keynote speech after canvassing tech bosses’ views on growth measuresFinancial Times - Business - United Kingdom -
Replit cuts staff by 30 amid aggressive AI push in software development
Replit, a cloud-based software development platform, lays off 30 employees as it focuses on integrating AI into its coding tools, aiming to make programming more accessible.VentureBeat - Tech -
Gold Edges Higher, Supported by Fed Rate-Cut Hopes
Gold edged higher in early Asian trade, supported by hopes for Fed rate cuts which would enhance the allure of the non-interest-bearing precious metal.The Wall Street Journal - World - Federal Reserve