Oil and Gas

Strong demand for fuel in America pushes up oil prices

The latest U.S. data showed consumer prices rising in April, raising the possibility that the Federal Reserve (the U.S. central bank) will keep interest rates high, which could lead to reduced demand

May 11, 2023

Government and Politics·News

Oil prices fell in anticipation of Energy Information Administration data

A possible sign of weak demand, U.S. crude inventories rose about 3.6 million barrels in the week ending May 5, while gasoline inventories rose 399,000 barrels, according to data from the American

May 10, 2023

News

A state of caution dominates oil markets ahead of inflation data

Markets await U.S. consumer price inflation figures for April, due on Wednesday pending any indication of the next interest rate decision. The Federal Reserve raised interest rates last week by 25 basis

May 9, 2023

News

How Do “US Federal Reserve” Trends Affect Oil Prices?

In addition, the US Federal Reserve’s policy of raising interest rates continues, which is clearly reflected in oil prices, alongside strong market concern about the specter of recession looming over the US

May 5, 2023

News

Oil set to record longest streak of weekly losses in 2023

Despite today’s rise, US Nymex crude is still down around 10% this week after a four-day decline, and Brent crude is down nearly 9% over the week. Oil prices were hit by

May 5, 2023

News

Oil prices rebound after falling for 3 straight sessions

Prices fell this week amid signs of weak manufacturing growth in China, the world’s biggest oil importer, and after the United States, the world’s biggest oil consumer, raised interest rates to their

May 4, 2023

News

Turkey announces a huge oil discovery, and this is the size of its reserves

The NOC said on Wednesday it had drilled to a depth of 2,771 meters so far and found a light oil stockpile, with further exploration prospects in the area. She added that

May 4, 2023

News

Novak: Russia has pledged to cut oil production

And the countries of the OPEC+ alliance, which includes Russia and the OPEC group countries, have announced that they will voluntarily cut oil production by more than a million barrels a day

May 4, 2023

News

US crude is below $70 for the first time since March

“Sentiment in the oil market remains negative,” ING analysts Warren Patterson and Ewa Manthe said in a note to clients. “Investors appear to be increasingly concerned about the global outlook and its

May 3, 2023

News

Oil is stable despite the anticipation of interest decisions by the main central banks

Both benchmarks closed at their lowest levels since March 24 in the previous session, during which they also recorded the largest one-day percentage decline since early January this year. The US Federal

May 3, 2023

News

Subject: Oil and Gas- Page 74

Strong demand for fuel in America pushes up oil prices

Oil prices fell in anticipation of Energy Information Administration data

A state of caution dominates oil markets ahead of inflation data

How Do “US Federal Reserve” Trends Affect Oil Prices?

Oil set to record longest streak of weekly losses in 2023

Oil prices rebound after falling for 3 straight sessions

Turkey announces a huge oil discovery, and this is the size of its reserves

Novak: Russia has pledged to cut oil production

US crude is below $70 for the first time since March

Oil is stable despite the anticipation of interest decisions by the main central banks

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

Ahmadis in Bangladesh face fresh threat of persecution

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Subject: Oil and Gas- Page 74

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