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Wednesday, February 5, 2025

Reshaping Perspectives and Catalyzing Diplomatic Evolution

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Brent Oil

Oil rises, supported by the possible halt in the rise in...

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...

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...

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...

Oil prices fall after surge in US inventories

Brent crude futures fell 19 cents, or 0.25%, to $76.79 a barrel at 0241 GMT. U.S. West Texas Intermediate crude also fell 14...

Oil stabilizes after surge in US inventories

U.S. crude inventories rose about 3.6 million barrels in the week ending May 12, according to figures from the American Petroleum Institute. Seven...

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...

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...
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Just In

BRICS strengthens economic independence by moving away from US dollar

Russia and Iran have officially announced that 96% of their bilateral trade is now conducted using their local currencies—the Russian ruble and the Iranian...

The Most Successful Americans Ever at the Cheltenham Festival

The Cheltenham Festival is not only the pinnacle of National Hunt racing - and a huge deal in the UK - it attracts the...
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