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How will the surge in crude oil prices affect various sectors?Global crude oil prices are rising. This may impact the profits of several companies. Sectors like refining, paints, and aviation could fac...- Gold rises 1% as Middle East conflict spurs safe-haven demandIsrael pounded the Palestinian enclave of Gaza on Sunday, killing hundreds of people in retaliation for one of the bloodiest attacks in its...
- Oil rebounds after biggest drop in decades at start of yearHelping drive the gains on Thursday was a statement from top U.S. pipeline operator Colonial Pipeline, which said late on Wednesday its Lin...
- Oil slides as China lockdowns stoke demand fearsAsia's factory activity slumped in August as China's zero-COVID curbs and cost pressures continued to hurt businesses, surveys showed on Th...
- How the Ukraine conflict is reshaping global oil marketsThe reroutings mark the biggest supply-side shakeup of the global oil trade since the U.S. shale revolution altered the shape of the market...
- Brent hits $60 as supply cuts and stimulus hopes boost pricesBrent was up 68 cents, or 1.2%, at $60.02 a barrel by 1442 GMT, while U.S. West Texas Intermediate rose 68 cents, or 1.2%, to $57.53 a barr...
- Oil extends losses as rising virus cases spur demand worriesBrent crude for November delivery dropped 57 cents, or 1.4%, to $40.46 per barrel by 1005 GMT. West Texas Intermediate fell 14 cents, or 0....
- Oil rises on expectations demand can survive new lockdownsU.S. West Texas Intermediate (WTI) crude for October, due to expire on Tuesday, rose 58 cents, or 1.5%, to $39.89. The more active November...
- Oil falls on economic slowdown, but OPEC output cuts offer supportConcerns that trade disputes between the US and China would remain unresolved weighed.
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