Oil and Gas

Oil drops amid reports of Iranian crude export deal

Oil fell sharply, after a news report quoted sources as saying Iran and the United States were close to an interim deal that eases some sanctions on Tehran in return for cutting

June 8, 2023

News

Oil rises, supported by the possible halt in the rise in interest rates in the United States

At an OPEC+ meeting last Sunday, the alliance announced that it had agreed on a new production target of 40.46 million barrels per day through the end of 2024. At that time,

June 8, 2023

News

For these reasons, oil markets are on the rise, overcoming fears of weak demand

Data from the US Energy Information Administration revealed a sudden drop in crude inventories of 500,000 barrels in the week ending June 2, as expectations were for a jump of more than

June 8, 2023

News

Possibilities to stop rising US interest rates push oil higher

Officials from the Federal Reserve (the US central bank) on Wednesday hinted at a possible missed rate hike in June, contrary to market expectations of an imminent rate hike that would slow

June 1, 2023

News

Chinese headwinds blow over oil, despite progress on debt ceiling law

Legislation negotiated by President Joe Biden and House Speaker Kevin McCarthy to raise the US debt ceiling by $31.4 trillion cleared a significant hurdle as it was approved by the Rules Committee

May 31, 2023

News

Initial US Debt Ceiling Deal Drives Oil Higher

US President Joe Biden and House Speaker Kevin McCarthy reached an agreement in principle to suspend the government’s debt ceiling of $31.4 trillion. Both said they were confident Sunday that Democratic and

May 29, 2023

News

US crude poised for small weekly losses

As of 0300 GMT, Brent crude fell 51 cents, or 0.7%, to $75.75 a barrel, while US West Texas Intermediate crude fell 30 cents, or 0.4%, to 71, $53 a barrel. US

May 26, 2023

News

US debt concerns put pressure on oil markets

Fitch has placed the US AAA credit rating on watch for possible downgrade due to the risk of Washington defaulting on its debts if the US public debt ceiling is not raised.

May 25, 2023

News

Oil jumps after a sharp and sudden drop in US oil inventories

Crude oil inventories fell 12.5 million barrels in the week ending May 19, to 455.2 million barrels, compared to analysts’ expectations of an 800,000-barrel increase in a poll Reuters. The administration said

May 24, 2023

News

Supply shortage issues push oil higher

Data from the American Petroleum Institute on Tuesday evening showed a sharp drop in crude oil and fuel inventories in the United States. According to data from the institute, crude inventories fell

May 24, 2023

News

Subject: Oil and Gas- Page 72

Oil drops amid reports of Iranian crude export deal

Oil rises, supported by the possible halt in the rise in interest rates in the United States

For these reasons, oil markets are on the rise, overcoming fears of weak demand

Possibilities to stop rising US interest rates push oil higher

Chinese headwinds blow over oil, despite progress on debt ceiling law

Initial US Debt Ceiling Deal Drives Oil Higher

US crude poised for small weekly losses

US debt concerns put pressure on oil markets

Oil jumps after a sharp and sudden drop in US oil inventories

Supply shortage issues push oil higher

Radical Islam is being appreciated by Indian authorities too

Bangladesh; India’s Biggest Ally or China’s Dragon Nest?

Ahmadis in Bangladesh face fresh threat of persecution

Latest Posts

Thirteen Years After Ghouta, Syria Destroys Assad’s Hidden Chemical Arsenal

NSW Police Issue Arrest Warrant for ‘Below Deck Mediterranean’ Star Nathan Gallagher

Warsh Warned on Inflation at Jackson Hole and the Nasdaq Paid 33 Times More Than the Dow

Moon Phase Today, September 3, 2026: Waning Gibbous at 57% Illumination

Subject: Oil and Gas- Page 72

Follow

Latest Posts