Oil Price Slump
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Oil Prices Slump After Trump Eases Concerns Over Iran
Oil prices tumbled Thursday after US President Donald Trump moderated his rhetoric on Iran, while US stocks bounced back after two down days.
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Oil Slumps $3/bbl On Gasoline Stockpiles, Rate Hikes And Resuming Supply
Oil prices fell more than $3 a barrel on higher U.S. gasoline stockpiles and after a European Central Bank (ECB) rate hike stoked demand worries, while returning oil supply from Libya and the resumption of Russia's gas flows to Europe eased supply restraints.
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Oil Prices Slump As Investors Fear Fed Rate Hikes Will Hurt Demand
Investors have been paring positions in risky assets as they assess whether inflation-fighting central banks could push the world economy into recession with higher interest rates.
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Oil Slumps 6% To Four-Week Low On Recession Worries, Strong Dollar
Oil prices tumbled about 6% to a four-week low on Friday on worries that interest rate hikes by major central banks could slow the global economy and cut demand for energy.
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Oil prices slump as investors fear Fed rate hikes will hurt demand
Brent crude futures settled at $110.05 a barrel, falling $1.69, or 1.5%. U.S. West Texas Intermediate (WTI) crude futures settled at $104.27 a barrel, down $1.92, or 1.8%.
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OPEC Share Of India's Oil Imports Steadies After Six-Year Slump
Russian oil continued to account for less than 1% of India's crude imports in 2021/22.
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Oil Slumps To Three-Week Low After Fed Minutes, Big IEA Reserve Release Announcement
Oil futures fell sharply on Wednesday after large consuming nations said they would release oil from reserves to counter tightening supply and hawkish minutes from the U.S. central bank that bolstered the dollar.
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India's IOC Buys First Russian Urals Crude In 2 Years After Prices Slump
Indian Oil Corp, the country's top refiner, has bought Russian Urals crude for the first time in two years, after spot differentials slumped, according to trade sources and Refinitiv data.
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Oil Prices Plunge As Omicron's Rapid Spread Dims Fuel Demand Outlook
Oil prices slumped after cases of the Omicron coronavirus variant in Europe and the United States stoked investor worries that new restrictions to combat its spread could dent fuel demand.
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Oil Rebounds On Speculation OPEC+ May Pause Output Increase
Oil prices rebounded on Monday as investors looked for bargains after Friday's slump and on speculation that OPEC+ may pause an output increase in response to the spread of Omicron, but the mood remained cautious with little known about the new variant.
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Oil Prices Slump After Trump Eases Concerns Over Iran
Oil prices tumbled Thursday after US President Donald Trump moderated his rhetoric on Iran, while US stocks bounced back after two down days.
-
Oil Slumps $3/bbl On Gasoline Stockpiles, Rate Hikes And Resuming Supply
Oil prices fell more than $3 a barrel on higher U.S. gasoline stockpiles and after a European Central Bank (ECB) rate hike stoked demand worries, while returning oil supply from Libya and the resumption of Russia's gas flows to Europe eased supply restraints.
-
Oil Prices Slump As Investors Fear Fed Rate Hikes Will Hurt Demand
Investors have been paring positions in risky assets as they assess whether inflation-fighting central banks could push the world economy into recession with higher interest rates.
-
Oil Slumps 6% To Four-Week Low On Recession Worries, Strong Dollar
Oil prices tumbled about 6% to a four-week low on Friday on worries that interest rate hikes by major central banks could slow the global economy and cut demand for energy.
-
Oil prices slump as investors fear Fed rate hikes will hurt demand
Brent crude futures settled at $110.05 a barrel, falling $1.69, or 1.5%. U.S. West Texas Intermediate (WTI) crude futures settled at $104.27 a barrel, down $1.92, or 1.8%.
-
OPEC Share Of India's Oil Imports Steadies After Six-Year Slump
Russian oil continued to account for less than 1% of India's crude imports in 2021/22.
-
Oil Slumps To Three-Week Low After Fed Minutes, Big IEA Reserve Release Announcement
Oil futures fell sharply on Wednesday after large consuming nations said they would release oil from reserves to counter tightening supply and hawkish minutes from the U.S. central bank that bolstered the dollar.
-
India's IOC Buys First Russian Urals Crude In 2 Years After Prices Slump
Indian Oil Corp, the country's top refiner, has bought Russian Urals crude for the first time in two years, after spot differentials slumped, according to trade sources and Refinitiv data.
-
Oil Prices Plunge As Omicron's Rapid Spread Dims Fuel Demand Outlook
Oil prices slumped after cases of the Omicron coronavirus variant in Europe and the United States stoked investor worries that new restrictions to combat its spread could dent fuel demand.
-
Oil Rebounds On Speculation OPEC+ May Pause Output Increase
Oil prices rebounded on Monday as investors looked for bargains after Friday's slump and on speculation that OPEC+ may pause an output increase in response to the spread of Omicron, but the mood remained cautious with little known about the new variant.
