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Oil prices rise amid US pressure on Russia, trade deal confidence
Crude oil reached a five-week high on Wednesday after U.S. President Donald Trump threatened Russia with new sanctions and tariffs unless it ended the Ukraine conflict within 10 days. In addition, speculation surrounding fresh U.S. trade agreements ahead of the August 1 tariff deadline provided further bullish support for oil.
Crude Oil lurches higher after Trump gives Russia ten days to strike a deal with Ukraine
US Crude Oil rose at its fastest single-day pace in over a month after US President Donald Trump announced that he's giving Russia just ten days to reach an acceptable resolution on Ukraine, or face stiff economic sanctions and penalties.
Chevron (NYSE:CVX) and other foreign partners of Venezuela's state-owned PDVSA oil company are still awaiting authorizations ...
Diesel cracks have remained strong and some additional profit-taking could be keeping a lid on ULSD contracts as the rest of the complex moves higher. The NYMEX August ULSD was off by 2.45cts to ...
OFS giants SLB, Halliburton and Baker Hughes reported strong 2Q earnings but are wary of looming 4Q oil price weakness.
Oil prices rise as U.S.-EU trade deal boosts sentiment, OPEC+ stays course, and Saudi hikes OSPs, reinforcing a bullish crude ...
Among APAC equity markets, Australia has a higher beta to oil prices while India, Indonesia and Thailand have lower betas.
Classification 08:15 quote rise/fall ------------------------------------------- Sep NYMEX Oil Future 66.86 ...
The energy sector is dragging down the S&P 500’s Q2 earnings, with a projected -24% YoY profit drop due to lower oil prices.
Enterprise Products Partners expects oil production in the Permian Basin will hold up this year despite an expected drop in ...
Standard Chartered believes the market significantly overestimates OPEC's spare oil production capacity, suggesting a ...
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