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LIPOW OIL ASSOCIATES
Trump says Venezuela to hand over up to 50 million barrels of oil to USPresident Donald Trump announced a new Venezuela oil deal where millions of barrels of oil will be transferred to the United States. The oi...- Trump tariff threat pushes oil to five-month lowGlobal oil prices tumbled over $2 a barrel as President Trump's threat of increased tariffs on China sparked fears of reduced demand. Analy...
- Oil prices prediction: Brent, U.S. crude crash to lowest since May. Experts predict what to expectBrent crude futures and U.S. West Texas Intermediate crude prices fell as a ceasefire between Israel and Hamas came into effect in Gaza. An...
- Oil gains on Ukraine drone attacks cutting Russian supplyOil prices surged Friday following Ukraine's drone attacks on Russia's energy infrastructure, significantly cutting fuel exports. Russia re...
- Oil prices fall with expected low demand, upcoming supply boostOil prices declined as traders anticipated weaker U.S. demand after Labor Day and a potential supply increase from OPEC+ this autumn. Marke...
- Oil rises on short-covering, Iran nuclear talks in focusOil prices increased on Friday. This happened as U.S. buyers adjusted positions before the Memorial Day weekend. Concerns about U.S.-Iran n...
- Brent, WTI prices climb over $1 on possible Iran crude restrictionOil prices surged, with Brent and WTI crude both rising over $1, after the U.S. hinted at potentially halting Iranian oil exports. This mov...
- Oil dips on deflated US interest rate cut expectations, OPEC+ decisionOil prices fell for a third consecutive week as investors considered OPEC+ reassurances and the latest U.S. jobs data impacting Federal Res...
- Iran to attack Israel: How it may affect your petrol bill?Geopolitical tensions in the Middle East caused a 1% rise in oil prices on Friday, with concerns over potential supply disruptions. Brent c...
- Oil settles up on Middle East tensions, posts weekly lossBrent crude futures settled up 71 cents at $90.45 a barrel, while U.S. West Texas Intermediate crude futures rose 64 cents to $85.66.
- Oil prices rise by about 1% as tight supply balances economic outlookBrent crude futures were higher by 83 cents, or 0.89%, at $94.12 a barrel at 1:33 p.m. EDT (1733 GMT), while U.S. West Texas Intermediate c...
- Oil plunges 5% on Chinese demand, inflation concernsEuropean benchmark, Brent North Sea crude, slumped five percent to $106.77 per barrel, while main US contract WTI shed 5.4 percent to $103....
- Oil hits multi-year highs in third weekly gain on demand recoveryBrent crude futures settled at $72.69 a barrel, rising 17 cents after reaching their highest since May 2019. For the week, Brent was up 1%.
- Oil gains 1% after cyber attack forces closure of US fuel 'jugular' pipelineSignalling the seriousness of the situation, the White House was working closely with Colonial Pipeline to help it recover from the ransomw...
- Oil inches lower on pandemic concernsOil prices edged lower on Thursday as concerns about a new variant of COVID-19 tempered optimism over news that Britain and the European Un...
- Oil edges higher after Brexit deal, gains capped by pandemicThe market built gains overnight as Britain and the European Union reached a post-Brexit trade deal, reversed those gains, and then rebound...
- Oil prices hit 5-month high as US crude stocks fall sharplyBrent crude was up $1.51, or 3.4%, at $45.94 a barrel by 11:13 a.m. ET (1513 GMT). West Texas Intermediate oil rose $1.52, or 3.7%, to $43....
- Oil settles lower on rise in US coronavirus casesBrent crude futures settled down 3 cents at $40.91, falling 1% on the week.
- $50 oil is already herePrices touched $49.69, nearly 30% cheaper than the roughly $70 Brent crude is currently trading in the global market.
- Oil prices stable before US energy reportWorld oil prices steadied Wednesday in quiet trade, as traders awaited a key report expected to show that recent freezing weather boosted h...
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