The International Energy Agency once again slashed expectations for a global oil surplus this year amid stronger demand ...
Unless Western governments are ready to accept higher prices, Russia, Venezuela and Iran will continue to evade sanctions.
Oil retreated as hotter US inflation caused a spike in the dollar and the market continued to brace for more trade moves from ...
The latest US sanctions against Russia’s oil sector have led to the suspension of most Russian tankers. Source: Bloomberg ...
Oil rose on signs of shrinking Russian crude flows, but nevertheless held near the lowest levels of the year as US President ...
Chinese refiners are being offered Russian ESPO crude at discounted prices as rising concerns over U.S. sanctions create ...
(Bloomberg) -- Oil edged down as US President Donald Trump’s renewed pledge to drive down the price of crude overshadowed his ...
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Mirae Asset Global Investments Co. Ltd. increased its stake in ProShares UltraShort Bloomberg Crude Oil (NYSEARCA:SCO – Free Report) by 5.4% in the 4th quarter, Holdings Channel reports. The fund ...
Petrobras Chief Executive Officer Magda Chambriard said the Brazilian oil giant can withstand global prices sliding a little lower under Donald Trump, in part by leaning on its customers in China and ...
Oil prices extended gains from the previous trading session despite fears that Trump’s trade tariffs might hurt global growth.
(Bloomberg) -- Oil steadied after an industry report indicated a large increase in US crude stockpiles, as the market continued to watch for more trade salvos from President Donald Trump. West Texas ...