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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 »
(Reuters) – Top U.S. oil producers Exxon Mobil and Chevron are expected to report their lowest earnings in four years when they release second-quarter results on Friday, as weaker oil and gas prices slashed revenue. The April-June quarter covered a volatile period in which the OPEC+ group of producers continued raising their production volumes, putting …
Exxon, Chevron Profits to Drop to Lowest Point Since Pandemic, Analysts Say Read More »
Summary Blackstone may pay around $6 billion for Enverus Veritas Capital also showed interest in Enverus Enverus owner H&F has been running sale process in recent weeks (Reuters) – Blackstone Inc has emerged as the frontrunner to buy energy-focused data provider Enverus for around $6 billion, according to sources familiar with the matter. Reuters reported in …
Blackstone Emerges as Frontrunner to Buy Enverus Read More »
(Reuters) – Oil prices were little changed on Friday after falling more than 1% in the previous session as traders digested the impact of new higher U.S. tariffs that may curtail economic activity and lower global fuel demand growth. Brent crude futures rose 4 cents, or 0.06%, to $71.74 a barrel by 1201 GMT. U.S. …
Oil Steadies as Concerns About Tariff Impacts Vie With Russian Supply Threats Read More »
(Reuters) – Oil prices gained for a fourth straight day on Thursday, as investors worried about supply shortages amid U.S. President Donald Trump’s push for a swift resolution to the war in Ukraine and threats of tariffs on countries buying Russian oil. Brent crude futures for September delivery , which are set to expire on Thursday, rose …
Oil Prices Gain for Fourth Day on Supply Fears From Trump Tariff Threats Read More »
Summary Trump cuts deadline, vows sanctions if Russia makes no progress Supply risks rise over U.S. warning to China over Russian oil China unlikely to comply with U.S. sanctions, analysts say (Reuters) – Oil prices took a breather in Asian trade on Wednesday after the previous session’s spike of more than 3%, as investors awaited …
Oil Pauses Rally as Markets Weigh Trump’s Ultimatum to Russia Read More »
Summary Brent crude hits highest level since July 18 on Monday US and China officials at Stockholm for trade talks Trump’s shorter deadline for Russia on Ukraine war raises oil flow concerns (Reuters) – Oil extended gains on Tuesday, lifted by hopes of improved economic activity after the U.S.-EU trade deal, a potential U.S.-China tariff truce …
Oil Climbs on EU Trade Deal, Potential US-China Tariff Truce Extension Read More »
Shares of U.S. liquefied natural gas developers surged in premarket trading on Monday, after the European Union pledged to purchase $750 billion worth of the super-cooled fuel over the next three years as part of a sweeping trade pact. NextDecade, Venture Global, and Cheniere Energy jumped between 7% and 8.8%, with the deal bolstering the …
US LNG Producers Soar as EU Agrees to $250 Billion in Annual Purchases Read More »
Global stocks rose and the euro firmed on Monday after a trade agreement between the United States and the EU lifted sentiment and provided clarity in a pivotal week headlined by the Federal Reserve and the Bank of Japan policy meetings. The U.S. struck a framework trade agreement with the European Union, imposing a 15% …
Stocks Cheer the Art of Trump’s Trade Deals after EU Agreement Read More »
Summary US and EU avert trade war with 15% tariff deal US, China to resume tariff talks in effort to extend truce OPEC+ panel likely to keep oil policy steady on Monday, sources say Reuters) – Oil prices rose on Monday after the U.S. reached a trade deal with the European Union and may extend …
