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Oil futures were lower with the market taking U.S. threats of Russia sanctions in stride given the 50-day deadline, and the August 1 deadline for the latest tariff threats to go into effect.
Global oil inventories have swollen at a rapid clip in recent months, but given the bulk of the increase has been in the Asia ...
Oil held its ground on Monday as downward pressure from a stronger US dollar and concern about demand in top importer China offset support from political uncertainty in the United States and the ...
SINGAPORE: Oil held its ground on Monday, with political uncertainty in the U.S. and the Middle East supporting prices, offsetting downward pressure from a stronger dollar and weak demand in top ...
Oil prices held near a two-week low on Tuesday after dropping about 5% over the past two sessions as investors absorbed OPEC's latest downward revision for demand growth, a stronger U.S. dollar ...
Oil futures finished higher on Monday, with prices finding support after a nearly 3% decline Friday, as the U.S. imposed fresh sanctions on Iran, impacting its crude sector.
Oil Holds Near One-Week High on Supply Concerns, Sanctions on Russia Eyed. More. Reuters. FILE PHOTO: An oil pumpjack is pictured in the Permian basin, Loco Hills regions, New Mexico, U.S., April ...
U.S. benchmark crude oil fell as much as 4% overnight before moderating. U.S. crude oil prices fell 2.2% to $57.05 per barrel. Many producers can no longer turn a profit once oil falls below $60.
U.S. Natural Gas Futures Hold Their Ground. 25m. 1058 ET – U.S. natural gas futures trade sideways after Friday’s selloff while oil losses extend to a third session.
U.S. benchmark crude oil fell as much as 4% overnight before moderating. U.S. crude oil prices fell 1.8% to $57.22 per barrel. Many producers can no longer turn a profit once oil falls below $60.