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THE SCHORK GROUP
Oil prices fall for a second day on expectations US-Iran talks may resumeOil prices dropped for a second day. Hopes for peace talks between the US and Iran are rising. This could lead to more oil supply. The Stra...- Oil prices rise as US-Israeli war with Iran continues to disrupt supplyOil prices surged Monday amid escalating fears of supply disruptions in the Middle East due to the ongoing U.S.-Iran conflict. The Strait o...
- Trump says US oil firms to head into VenezuelaPresident Donald Trump said the US will allow American oil companies to enter Venezuela to develop its large oil reserves after a US milita...
- Asian stocks trade mixed ahead of US-Russia summitAsian stocks were mixed Friday after better-than-expected Japanese growth and weak Chinese data, while oil slipped back ahead of a US-Russi...
- Hedge funds turning bullish on oil againU.S. President Donald Trump’s tweets blaming OPEC for high oil prices are also helping push prices lower, said Stephen Schork, president of...
- Hedge funds get bullish on oil again as Opec prepares to meetThe net-long position on West Texas Intermediate rose 0.5 per cent to 3,15,063 contracts.
- Hedge funds get bullish on oil again as OPEC prepares to meetA push by Saudi Arabia and Russia for hiking output ahead of OPEC meet has introduced an element of uncertainty.
- Oil bulls leap into market as OPEC supply accord spurs rallyPrices surged, breaching $50 a barrel, since the Organisation of Petroleum Exporting Countries agreed to the cut on September 28 in Algiers.
- In u-turn, Saudis choose higher prices over free oil marketsThe decision at this week’s meeting of the Organization of Petroleum Exporting Countries in Algiers to cut production was necessitated by S...
- Oil producers prepare for second-half slump as rally sputtersCrude has declined more than 10 per cent since hitting a 2016 peak in early June, stoking fears of another second-half slump.
- Oil producers prepare for second-half slump as rally sputtersSince the start of 2015, 85 North American oil and gas producers have gone bankrupt, according to law firm Haynes & Boone LLP.
- Natural gas futures fall on milder weatherNatural gas fell in New York as the outlook for mild January weather signaled lower demand and reduced the first annual gain in five years.
- Oil above $91 in Europe for first time since MayOil prices rose above $91 a barrel for the first time since May after the U.S. government said oil demand is on the rise and amid rising te...
- NY crude advances as equity rally spurs confidenceCrude oil climbed in New York as better-than-estimated earnings boosted confidence in the strength of the economic rebound.
- Oil slips below $88 on US crude suppliesOil prices slipped below $88 a barrel in Asia after US crude supplies fell less than expected and gasoline inventories jumped, suggesting d...
- Oil falls to below $73 due to stronger dollarOil prices fell sharply to below $73 a barrel on Tuesday as the dollar strengthened against the euro
- Oil rises above $74, Asian equities rallyOil prices rose above $74 a barrel Monday in Asia as rallying Asian stock markets bolstered investor confidence.
- OPEC not likely to cut output at Vienna meetingWith oil prices about where OPEC wants them and a modest economic upturn in the offing, the oil cartel isn't likely to tighten the taps whe...
- Oil dips to $48 on new reports of swine fluOil prices dipped to around $48 a barrel on Monday as new reports of swine flu threatened to slow summer travel and sent jitters through gl...
- Oil surge bigger than dotcom stock boomOil has risen 697% since November 2001 as against the 640% jump witnessed on Nasdaq at the height of the dotcom boom. Beat oil price hike I...
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