Oil held near its highest this month, amid risk-on sentiment in global markets that has helped push crude up recently.
Oil price news: Oil holds gain as risk-on sentiment helps to support commoditiesEU Black Sea Wheat Cheaper Than Rivals’ Due to Bumper HarvestsCarbon Removal Fund Backed By Meta, Alphabet Agrees Europe DealHow an Austrian Minister Saved the EU’s Most Hated Climate LawAdani Ports Tops Global Peers in Market Value as Cargoes SurgeShell to Buy Singaporean LNG Trading Firm Pavilion EnergyEx-Trump Adviser Urges Him to Cut Ties With China, Restart Nuclear TestsThe Daily Chase: June rate cut came too...
relations, summit hearsSouth African Stock Surge Hints at Sentiment Turn After ElectionKeir Starmer Slams ‘Unfunded’ Reform Manifesto as Threat Grows From Nigel FarageEuropean Stocks Rebound as Dust Settles From Macron Vote CallWestern Multinationals Fleeing Nigeria Are Being Replaced by Asian and Turkish FirmsRutte Closes In on NATO Job After Orban Talks, Slovakia BackingRussian Crude Flows Climb Despite Pledge to Stiffen Output CurbsMacron’s Struggles Have Europe Fretting Over Defense and...
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Oil price news: Oil holds near 4-month low on signs of rising U.S. stockpilesOil held losses near a four-month low as an industry report pointed to an increase in U.S. crude stockpiles, adding to bearish sentiment compounded by OPEC+’s plan to boost supply.
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Oil price news: Oil holds steady ahead of OPEC+ meeting, U.S. inventories reportOil held steady after falling on Wednesday, with traders looking to U.S. stockpiles data and an OPEC+ meeting at the weekend for more clarity on the supply-demand outlook.
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Oil price news: Oil holds steady with OPEC+ supply, U.S. demand in focusOil was little changed after its biggest weekly loss in four, with the focus on an OPEC+ supply meeting on Sunday and U.S. demand at the start of the summer driving season.
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Oil price news: Oil algorithmic traders amplify crude price rout after OPEC’s surpriseOil traders that rely on trend-following algorithms compounded a selloff in crude this week as OPEC+ unexpectedly signaled plans to return some supplies to the market later in the year.
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Oil price news: Oil builds on weekly gain as traders weigh mixed China dataOil edged higher after its biggest weekly advance since early April, extending a short-covering rally as traders weighed a raft of data from China.
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Oil price news: Oil pares weekly gain on sliding equities and demand concernsOil declined, paring a weekly gain, as falling equity markets in Europe and Asia added to growing concerns over global demand for the commodity.
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