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Futures on Wall Street are trading with losses at the culmination of the long Independence Day weekend ahead of US President ...
Fuel oil imports into the refinery hub on the U.S. Gulf Coast hit a record low in June as tighter global supplies prompted refiners to run more heavy, sour crude.
“Any Country aligning themselves with the Anti-American policies of BRICS, will be charged an ADDITIONAL 10% Tariff. There will be no exceptions to this policy,” Trump wrote on his Truth Social ...
Market update: Shell weighs on FTSE 100, Currys down 6% 09:36 , Graeme Evans Cheaper Shell shares ...
Asian shares mostly fell Monday as the Trump administration stepped up pressure on trading partners to quickly make new deals before a Wednesday tariff deadline, with plans for the United States to ...
Oil prices dropped slightly on Monday after the OPEC+ group surprised markets by hiking output more than expected in August, ...
Crude oil futures were lower and OCBC said prices were expected to face further downward pressure in 2H following OPEC+’s announcement to quicken supply hikes.
OPEC+ jolted markets by announcing it would flood the market with more oil.
Saudi Aramco is raising crude prices globally next month despite OPEC+’s decision to significantly increase oil supply.
Two questions stand out after the decision by OPEC+ to accelerate increases in crude oil output: who is going to buy the ...
Analysts and investment banks predict oil prices will remain below $70 per barrel for the rest of 2025 due to market ...