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News about Crude Oil
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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...
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...
Foreign Affairs
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...
Asia
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...
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Asia
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...
Foreign Affairs
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,...
Asia
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...
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...
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Asia
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...
News
Oil heads for record weekly gains
Brent crude futures rose 41 cents, or 0.6%, to $76.29 a barrel at 0245 GMT. U.S. West Texas Intermediate crude also rose 36...
News
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...
Asia
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...
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BlackRock ventures into Saudi Arabia with Trillion-Dollar investment platform
If you were to consult conspiracy theorists about who they believe "runs the world," they'd likely mention global banking...
Türkiye suspends all commercial dealings with Israel
Ankara had stopped all export and import operations to and from Israel as of Thursday, Bloomberg quoted Turkish officials.
Israel...
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Is your libido at half mast? These 6 tips can awaken desire
A French study carried out at the beginning of February 2024 by Ifop highlighted a clear decrease in the frequency of our sexual relations, while more than a quarter of young French people aged 18 to 24 have not...
Got unusual advice from fertility doctor – ‘Drink his sperm’
Ever since Kourtney Kardashian and Travis Barker, the drummer of Blink 182, made their relationship public in February 2021, they have been keen to show the world how deeply in love they are. Over this past year, they have...
