Economy
Oil futures dropped on Tuesday, reversing significant gains gained in the previous two trading days, as investors turned cautious ahead of a meeting of...
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Oil futures dropped on Tuesday, reversing significant gains gained in the previous two trading days, as investors turned cautious ahead of a meeting of...
Oil prices plummeted by more than $1 on Wednesday ahead of the U.S. Federal Reserve’s interest rate decision, leaving investors unsure when peak rates...
Oil rises on supply concerns and China’s demand recovery. On Monday, oil prices jumped for a third straight day on expectations of a wider...
Oil prices ease, but supply cuts keep Brent above $90/bbl. Fuel demand fell on Monday due to a stronger U.S. currency and economic worries...
According to marketing documents obtained by Reuters, Chevron (CVX.N) is selling multiple oil and gas holdings in New Mexico and Texas to reduce acreage...
After a larger-than-expected drop in U.S. crude and gasoline stocks, oil prices rose on Wednesday. Brent crude prices jumped 32 cents, or 0.4%, to...
Oil was marginally higher on Monday after an aborted weekend rebellion by Russian mercenaries increased concerns about petroleum supply, while markets lacked direction as...
Oil prices fall as banks slash, China growth estimates. Last week’s gains were erased on Monday as concerns over China’s economy trumped OPEC+ supply...
Oil falls as China’s economy falters in May. In May, China’s industrial output and retail sales growth missed predictions, confirming fears about a lackluster...
Oil prices fell on Wednesday as industry data indicated an unexpected growth in U.S. oil stocks, signaling poor demand to anxious markets about recession...
Bargain hunting lifted oil prices on Tuesday, but investors remained cautious ahead of crucial Fed and central bank policy meetings. By 0340 GMT, Brent...
Oil prices fall for the second week as China’s recovery disappoints. On Friday, oil prices fell due to fears about Chinese demand and skepticism...
Oil prices fell on Thursday as concerns about decreasing demand due to the global economic slowdown outweighed Saudi Arabia’s output curbs. Brent crude prices...
Oil falls as the global economy outweighs Saudi output decrease. Oil prices fell early on Tuesday as global economic fears overcame supply worries after...
On Thursday, a possible slowdown in U.S. interest rate hikes and the debt ceiling bill gaining a crucial vote boosted oil prices. Brent crude...
Industry sources said Chevron (CVX.N) is selling its Congo oil and gas assets to focus on newer, more profitable output. Two insiders say the...
Oil rises on tighter supplies and increasing gasoline demand. On Tuesday, investors expected a tighter market due to seasonal gasoline demand and OPEC+ supply...
Economic impact of Covid pandemic on Billionaires From soaring stock prices to high-profile business deals, billionaires seem to live in a world of their...