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Crude Oil, Nymex and OPIS
Oil prices set to end week higher after US rate cut
Oil prices, which were little changed in early Asian trade on Friday, were on track to end higher for a second straight week following a large cut in U.S. interest rates and declining global stockpiles.
Oil futures trim losses after fall in U.S. crude inventories
Oil futures trimmed losses Wednesday, after government data showed U.S. crude inventories fell last week and traders awaited a Federal Reserve decision that’s fully expected to deliver a rate cut.
Oil Ends More Than 1% Higher on US Rate Cut, Declining Crude Stockpiles
Brent crude futures for November fell 34 cents, or 0.46%, to $73.31 a barrel by 0015 GMT, while WTI crude futures for October declined to $70.49 a barrel, down 42 cents or 0.59%.
Oil Futures Settle Higher as Fed Cut Sinks In
Oil futures gain as the market digests implications of the Fed’s 50 basis-point interest-rate cut and Israeli air strikes against Hezbollah targets in Lebanon add to geopolitical risk perception.
Nymex Overview: Petroleum Futures Higher Following Federal Reserve Rate Cut -- OPIS
Petroleum futures were higher after the Federal Reserve's interest-rate cut raised hopes for global economic growth. The Nymex November West Texas Intermediate crude contract was up by $1.20 to $71.10/bbl on Thursday and the October WTI contract was $1.
U.S. Crude Oil Inventories Decrease Much More Than Expected
A report released by the Energy Information Administration on Wednesday showed crude oil inventories in the U.S. fell by much more
India will still buy cheap Russian oil
India Won’t Buy Russian LNG Sanctioned by the US, Oil Minister Says
India won’t buy liquefied natural gas from a project in Russia that is sanctioned by the US, Oil Minister Hardeep Puri said.
India plans to keep buying cheap Russian oil, oil minister says
India is prepared to keep buying oil from Russian companies that are allowed to make such sales, since prices are cheap, oil minister Hardeep Singh Puri said on Tuesday. Western sanctions on Russia over its war with Ukraine have capped the price Russia can charge for its crude oil,
India will still buy cheap Russian oil despite sanctions
India is ready to continue purchasing relatively cheap oil from Russian companies authorised to do so, with the Asian nation ready to simply buy from the cheapest seller. During an interview with a US media organisation at Houston’s GasTech conference,
19h
on MSN
Indian refiners jointly negotiating for 2025 Russian oil supplies, govt source says
Indian refiners are jointly negotiating to purchase Russian oil for next year, a government source said on Thursday, with ...
21h
2 No-Brainer High-Yield Oil Stocks to Buy With $500 Right Now
Oil prices have been weak of late, leaving energy stocks on the defensive. There are two that deserve a closer look just the ...
3d
Crude oil prices today: WTI is trading at $69.67
The Brent/WTI spread has historically ranged between $4/bbl and $8/bbl, but it can expand or contract based on factors ...
21h
Indonesia Amends Palm Oil Levy Regulation to Increase Exports
Indonesia’s Finance Ministry issued new regulations to revise the palm oil export levies, in a bid to boost shipments of the ...
1d
on MSN
Satellite images show the difficult mission to save a stricken oil tanker in the Red Sea
The Houthis attacked the MV Sounion multiple times in August, leaving the oil tanker stranded in the Red Sea.
2d
50 Cent trolls Diddy and his 1,000 bottles of lube and baby oil found in federal raid
Cent took a shot at Sean “Diddy” Combs after his longtime rival was arrested on sex trafficking and racketeering charges ...
22h
Emissions Dip in Canada as Power Sector Cuts Offset Oil’s Gains
Canada’s emissions likely declined slightly in 2023 as the electricity sector continued to decarbonize, helping offset ...
knowyourmeme
19h
Diddy's 1,000 Bottles Of Baby Oil
Diddy's 1,000 Bottles of Baby Oil, also known as P. Diddy Baby Oil Memes, refers to a viral piece of information from Sean ...
1d
on MSN
Oil prices fall on mixed storage report ahead of Fed decision
Oil prices fell on Wednesday as the market cautiously awaited a rate cut announcement from the Federal Reserve, while ...
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