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"Keep Oil Prices Down. I Am Watching": Trump Amid Middle East Tension
US President Donald Trump expressed a desire on Monday to see oil prices kept down amid fears that the aftermath of the attacks on Iran's nuclear facilities could cause them to spike.
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Will Israel-Iran Conflict Impact India's Oil Reserves? What Minister Said
The conflict between Israel and Iran has reached an unprecedented level, with verbal threats and aerial engagement with ballistic, cruise missiles, and drones.
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Will Iran-Israel Conflict Hit India's Oil Supply? Delhi Keeping Watch, Say Sources
India is closely reviewing the Iran-Israel conflict to assess the impact on crude oil and gas supply, sources have said.
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2 Israeli Soldiers Stumble Upon 1,500-Year-Old Oil Lamp In Southern Gaza
Two Israeli reserve soldiers unexpectedly stumbled upon a small, well-preserved Byzantine oil lamp at an army staging area in southern Israel near the Gaza border, the Israel Antiquities Authority announced on Tuesday.
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Stocks Flat, Oil Gains As Rate Hikes Loom Following Strong Jobs Data
Wall Street ended the day flat on Friday as Treasury yields jumped following a stronger-than-expected U.S. jobs report, which suggested the Federal Reserve may push further interest rate hikes to cool the economy and slow inflation.
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Nasdaq Falls With Dollar, Oil Rises; Earnings, Fed In Focus
Nasdaq closed lower on Monday after a choppy session for U.S. equities ahead of a big week of technology earnings reports while oil prices rose and treasury yields edged higher as investors braced for a Federal Reserve interest rate hike.
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U.S. Stocks End Down Slightly After Early Boost From Powell; Oil Falls
Major U.S. stock indexes ended down slightly Wednesday, losing early gains tied to remarks by Federal Reserve Chair Jerome Powell that the U.S. central bank is "strongly committed" to bringing down inflation, while sharply lower oil prices weighed on energy shares.
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Biden Sidelined Global Energy Partners With Record Emergency Oil Release: Sources
The group's members have become worried that U.S. President Joe Biden is using the Strategic Petroleum Reserve (SPR) to tamp down rampant domestic inflation for political reasons, instead of protecting consumer countries from a global supply disruption, according to the sources who declined to be identified because of the sensitivity of the topic.
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Oil Falls 2% On Powell Comments, Hopes For Venezuela Supply
Prices fell after Federal Reserve Chairman Jerome Powell warned the economy could be hurt by attempts to reduce inflation.
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Oil Dives 4%, Below $100 On China lockdowns, Reserves Release Plan
Oil prices fell about 4% on Monday, with Brent crude tumbling below $100 a barrel on worries that the COVID-19 pandemic will cut demand in China and as International Energy Agency (IEA) countries plan to release record volumes of oil from strategic stocks.
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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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Oil Inches Up As Supply Concerns Weigh Despite Reserves Release, Yemen Truce
Supply uncertainty remains with Russian oil supply down between 1 million and 3 million barrels per day and uncertainty over US oil producers increasing output.
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Oil Inches Up As Supply Concerns Weigh Despite Reserves Release, Yemen Truce
Supply uncertainty remains with Russian oil supply down between 1 million and 3 million barrels per day and uncertainty over US oil producers increasing output.
-
Oil Prices Dive As U.S. Considers Record Reserves Release
The United States is considering releasing 180 million barrels of crude from its Strategic Petroleum Reserve.
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Goldman Sachs Says Global Oil Reserves Release 'A Drop In The Ocean'
Brent crude prices have also priced in an additional hit to global oil demand of 1.5 million barrels per day for the next three months from the impact of COVID-19 in Europe and China, Goldman said.
-
"Keep Oil Prices Down. I Am Watching": Trump Amid Middle East Tension
US President Donald Trump expressed a desire on Monday to see oil prices kept down amid fears that the aftermath of the attacks on Iran's nuclear facilities could cause them to spike.
-
Will Israel-Iran Conflict Impact India's Oil Reserves? What Minister Said
The conflict between Israel and Iran has reached an unprecedented level, with verbal threats and aerial engagement with ballistic, cruise missiles, and drones.
-
Will Iran-Israel Conflict Hit India's Oil Supply? Delhi Keeping Watch, Say Sources
India is closely reviewing the Iran-Israel conflict to assess the impact on crude oil and gas supply, sources have said.
-
2 Israeli Soldiers Stumble Upon 1,500-Year-Old Oil Lamp In Southern Gaza
Two Israeli reserve soldiers unexpectedly stumbled upon a small, well-preserved Byzantine oil lamp at an army staging area in southern Israel near the Gaza border, the Israel Antiquities Authority announced on Tuesday.
-
Stocks Flat, Oil Gains As Rate Hikes Loom Following Strong Jobs Data
Wall Street ended the day flat on Friday as Treasury yields jumped following a stronger-than-expected U.S. jobs report, which suggested the Federal Reserve may push further interest rate hikes to cool the economy and slow inflation.
-
Nasdaq Falls With Dollar, Oil Rises; Earnings, Fed In Focus
Nasdaq closed lower on Monday after a choppy session for U.S. equities ahead of a big week of technology earnings reports while oil prices rose and treasury yields edged higher as investors braced for a Federal Reserve interest rate hike.
-
U.S. Stocks End Down Slightly After Early Boost From Powell; Oil Falls
Major U.S. stock indexes ended down slightly Wednesday, losing early gains tied to remarks by Federal Reserve Chair Jerome Powell that the U.S. central bank is "strongly committed" to bringing down inflation, while sharply lower oil prices weighed on energy shares.
-
Biden Sidelined Global Energy Partners With Record Emergency Oil Release: Sources
The group's members have become worried that U.S. President Joe Biden is using the Strategic Petroleum Reserve (SPR) to tamp down rampant domestic inflation for political reasons, instead of protecting consumer countries from a global supply disruption, according to the sources who declined to be identified because of the sensitivity of the topic.
-
Oil Falls 2% On Powell Comments, Hopes For Venezuela Supply
Prices fell after Federal Reserve Chairman Jerome Powell warned the economy could be hurt by attempts to reduce inflation.
-
Oil Dives 4%, Below $100 On China lockdowns, Reserves Release Plan
Oil prices fell about 4% on Monday, with Brent crude tumbling below $100 a barrel on worries that the COVID-19 pandemic will cut demand in China and as International Energy Agency (IEA) countries plan to release record volumes of oil from strategic stocks.
-
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.
-
Oil Inches Up As Supply Concerns Weigh Despite Reserves Release, Yemen Truce
Supply uncertainty remains with Russian oil supply down between 1 million and 3 million barrels per day and uncertainty over US oil producers increasing output.
-
Oil Inches Up As Supply Concerns Weigh Despite Reserves Release, Yemen Truce
Supply uncertainty remains with Russian oil supply down between 1 million and 3 million barrels per day and uncertainty over US oil producers increasing output.
-
Oil Prices Dive As U.S. Considers Record Reserves Release
The United States is considering releasing 180 million barrels of crude from its Strategic Petroleum Reserve.
-
Goldman Sachs Says Global Oil Reserves Release 'A Drop In The Ocean'
Brent crude prices have also priced in an additional hit to global oil demand of 1.5 million barrels per day for the next three months from the impact of COVID-19 in Europe and China, Goldman said.
