Tri-Pinned

Auto Added by WPeMatico

Oil Prices Settle Down More Than 2% After weak US jobs Rreport

Summary Crude down 2%, third consecutive session of losses US crude inventories rise by 2.4 million barrels OPEC+ to consider further output hike on Sunday, sources say HOUSTON, Sept 5 (Reuters) – Oil prices fell on Friday as a weak U.S. jobs report dimmed the outlook for energy demand, while swelling supplies may grow further …

Oil Prices Settle Down More Than 2% After weak US jobs Rreport Read More »

Oil Falls More Than 1% as OPEC+ to Consider Another Output Hike

Summary OPEC+ to consider raising oil production further, sources say OPEC+ meeting set for Sunday US crude stocks rose last week, sources say (Reuters) – Oil prices fell 1.5% on Thursday, adding to their more than 2% decline the previous session, as investors awaited a weekend meeting of OPEC+ at which producers are expected to …

Oil Falls More Than 1% as OPEC+ to Consider Another Output Hike Read More »

Oil Prices Climb Amid Russia-Ukraine Tensions, Await OPEC Meeting

Summary Ukraine’s attacks force Russia to shut 17% of oil-processing capacity Bets on Federal Reserve rate cut buoy oil demand outlook US market reopens on Tuesday following Labour Day break (Reuters) – Oil prices rose almost 2% on Tuesday as concerns about supply disruptions grew amid an escalation of the conflict between Russia and Ukraine, …

Oil Prices Climb Amid Russia-Ukraine Tensions, Await OPEC Meeting Read More »

Oil Prices Fall on Expected Weaker Demand, but set for Weekly Gain

OPEC+ meeting in focus Uncertainty over Russian supply impacts market sentiment Russian oil exports to India set to rise despite US pressure (Reuters) – Oil prices fell on Friday, but were set for a weekly gain, tugged between uncertainty about Russian supply and expectations of lower demand as the summer driving season in the United …

Oil Prices Fall on Expected Weaker Demand, but set for Weekly Gain Read More »

Oil Falls as End of Driving Season Looms, Druzhba Pipeline Restarts

Summary Crude falls after 1% gain in previous session US demand to ease at the end of summer driving season Russian oil supplies through Druzhba pipeline restart Indian buying pattern of Russian oil in focus LONDON, Aug 28 (Reuters) – Oil fell on Thursday after rising in the previous session, pressured by expectations of lower …

Oil Falls as End of Driving Season Looms, Druzhba Pipeline Restarts Read More »

Oil Prices Fall as Ukraine Talks Raise Prospect of Sanctions Easing

Summary Oil prices down after previous session’s 1% gain Geopolitical risks have eased for oil this week -analyst Trump says US would help guarantee security for Ukraine LONDON, Aug 19 (Reuters) – Oil prices fell on Tuesday as traders weighed the possibility that talks between Russia, Ukraine and the U.S. to end the war in Ukraine could …

Oil Prices Fall as Ukraine Talks Raise Prospect of Sanctions Easing Read More »

Oil Stable Ahead of Trump-Putin Alaska Meet

Summary Brent and WTI stabilise off previous session’s two-month lows Trump meets Putin on Friday to discuss war in Ukraine U.S. crude stocks rose unexpectedly last week, EIA says (Reuters) – Oil prices were stable on Thursday as investors weighed the potential impact of Friday’s U.S.-Russia summit on Ukraine on Russian crude flows, after U.S. …

Oil Stable Ahead of Trump-Putin Alaska Meet Read More »

Oil Steadies as US, China Announce Tariff Extension

Summary U.S., China extend tariff pause to November Eyes on U.S. inflation data due later on Tuesday Trump-Putin talks on Friday cloud oil outlook (Reuters) – Oil prices were broadly steady on Tuesday as the United States and China extended a pause on higher tariffs, easing concerns an escalation of their trade war would hit …

Oil Steadies as US, China Announce Tariff Extension Read More »

Oil Steadies on Reports of US-Russia Deal, Ends Week About 5% Lower

Summary US, Russia aim to reach a deal to halt the war in Ukraine Latest US tariffs raise concerns over economic activity Trump threatens further sanctions on buyers of Russian oil US oil rig count rises by one to 411 HOUSTON, Aug 8 (Reuters) – Oil held steady on Friday as markets awaited a meeting …

Oil Steadies on Reports of US-Russia Deal, Ends Week About 5% Lower Read More »

Oil Rebounds on Trump Threats on Russian Crude Buyers

Summary Oil prices rebound amid supply disruption concerns API crude draw data supporting prices, analysts say (Reuters) – Oil prices rebounded from the previous session’s five-week low on Wednesday, as traders focused on U.S. President Donald Trump threatening India with higher tariffs over its Russian crude purchases, and a larger-than-expected U.S. crude draw. Brent crude …

Oil Rebounds on Trump Threats on Russian Crude Buyers Read More »