Finance News – Crude Oil
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ASX set to slide, Wall Street treads water; BP-Shell merger rumours
Global stock markets exhibited cautious stability, reflecting investor optimism that escalating conflicts will not significantly impact oil supply, thereby influencing energy secto...
Read Full Article →U.S. crude oil rises after steep selloff following Israel-Iran ceasefire
The recent easing of tensions in the Middle East contributed to a rebound in crude oil prices, reflecting market sensitivity to geopolitical developments that influence global ener...
Read Full Article →Enbridge says it would pitch new Alberta-B.C. pipeline only under right conditions
Enbridge indicated that pursuing a new pipeline project between Alberta and British Columbia depends on various market factors and regulatory approvals, highlighting the potential...
Read Full Article →Many oil tanker owners reluctant to brave Strait of Hormuz, Frontline chief says
The disruption caused by regional conflict has increased caution among shipping companies, highlighting the potential impact on global oil transportation through a critical maritim...
Read Full Article →Stocks tumble, oil soars as Israel’s strike on Iran roils investors
Global markets experienced volatility with energy prices rising sharply and precious metals gaining, while major U.S. equity futures declined, reflecting investor caution amid heig...
Read Full Article →Global oil prices soar after Israel attacks Iran
Rising crude oil costs influence a wide range of expenses, including transportation, manufacturing, and everyday consumer goods, ultimately impacting household budgets and global e...
Read Full Article →A pivotal OPEC+ decision this weekend could tank crude-oil prices by 10%
A recent agreement among leading oil-exporting nations may lead to a substantial decline in crude prices, reflecting market uncertainty amid geopolitical tensions and inconsistent...
Read Full Article →Canada’s crude oil shift to China schools Trump in unintended consequences
Canada’s decision to redirect its crude oil exports toward China is influencing global trade dynamics and prompting market participants to reassess the broader economic impacts of...
Read Full Article →Oil prices rise on report that Israel may attack Iran’s nuclear sites
The potential military action involving Iran has led to an increase in crude oil values, reflecting concerns about possible disruptions in global energy supply and market stability...
Read Full Article →How falling crude oil prices could boost the crypto market
Declining crude oil costs may increase liquidity and investor interest, potentially enhancing cryptocurrency trading volumes and market activity despite recent profit-taking and pr...
Read Full Article →Crude oil jumps 4% on hope economic growth will rebound from temporary U.S.-China trade deal
The recent increase in crude oil prices reflects market optimism that improved trade relations between the U.S. and China may support stronger economic activity despite ongoing tar...
Read Full Article →Relief felt by Australians as cost of crude oil drops to four year low
The recent decline in crude oil prices is expected to reduce expenses for Australian consumers by lowering fuel costs and potentially decreasing the prices of various goods and ser...
Read Full Article →U.S. oil production has likely peaked and will start to decline due to price plunge, Diamondback CEO...
A decrease in domestic crude output, driven by recent price drops, could influence market supply and impact economic factors related to the U.S. energy sector and broader financial...
Read Full Article →U.S. crude oil prices fall more than 4% after OPEC+ agrees to surge production in June
The increase in oil supply by over 800,000 barrels per day in the upcoming months has contributed to a notable decline in U.S. crude prices, impacting market valuation and investor...
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