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PVM OIL
Oil nears two-month lows on reports of imminent US-Iran peace dealOil prices dropped significantly, reaching their lowest point in nearly two months as U.S. and Iranian officials indicated a potential agre...- Oil prices settle higher on slow progress in US-Iran peace talksOil prices saw a volatile week as hopes for a U.S.-Iran peace deal, which would normalize shipping through the Strait of Hormuz, fluctuated...
- Oil prices climb more than 3% on fears of new US-Iran combatOil prices surged over 3% as U.S. President Trump and Iran's foreign minister exchanged confrontational remarks, diminishing hopes for a de...
- Oil up almost 3% as US-Iran peace talks stallOil prices jumped almost 3% on Monday as peace talks between the U.S. and Iran stalled and shipments through the Strait of Hormuz remained ...
- Oil prices end volatile session mixed but up sharply for the week on supply worriesOil prices experienced significant volatility, ultimately closing higher for the week despite early gains being relinquished. Traders are c...
- Crude spikes past $100/bbl again on reports of gunfire targeting vessels in Strait of HormuzOil prices surged past $100 a barrel after reports of gunfire attacks on three container ships in the Strait of Hormuz. This comes amid ong...
- Oil prices well below $100 as Strait of Hormuz reopens but experts aren’t convinced just yet. Here’s whyGlobal markets are breathing easier as Iran declares the Strait of Hormuz fully open, a crucial oil route, amid a potential U.S.-Iran deal....
- 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 jumps more than 3% on Red Sea tanker attack, reroutingsA Norwegian-owned vessel was attacked in the Red Sea on Monday and oil major BP said it has temporarily paused all transits through the bod...
- Saudi Arabia will likely roll over 1 mln bpd cut into October, analysts sayBaghdad has been able to partly compensate for the loss of exports from the north by increasing production elsewhere. In July, it produced ...
- Oil falls amid China growth uncertaintiesThe fall in the number of oil and gas rigs in the US and OPEC+ output cuts was outweighed by concerns over China's economy, causing oil pri...
- Oil rises as market awaits Fed interest rate decisionOil prices rose after forecasts from the International Energy Agency and OPEC predicted bullish oil demand growth. Brent crude futures were...
- Oil prices edge higher as Saudi cut outweighs bearish backdropBrent crude futures were up 31 cents, or 0.4%, at $76.60 a barrel at 1338 GMT, while U.S. West Texas Intermediate crude futures gained 40 c...
- Brent slides 2% amid concerns over health of banking sectorBanking stocks slid in Europe with Deutsche Bank and UBS Group hit hard by worries that the worst problems in the sector since the 2008 fin...
- Oil prices rise more than 1% on Russian plan to cut outputThe G7 economies, the European Union and Australia agreed to ban the use of Western-supplied maritime insurance, finance and brokering for ...
- Oil prices fall more than 3% on Russian oil price cap talksBrent crude futures fell $2.82, or 3.19%, to $85.54 a barrel by 1450 GMT, while U.S. West Texas Intermediate (WTI) crude futures were down ...
- Oil hits new high near $75 on demand rise, falling inventoriesThe American Petroleum Institute reported US crude inventories fell 8.5 million barrels, two market sources said, more than analysts foreca...
- Oil hits highest levels since Feb 2020Oil prices extended gains on Thursday after the OPEC+ alliance of producers stuck to its reduced output policy and U.S. crude stocks fell, ...
- Oil steady as surging virus cases cloud demand outlook"Dollar strength and macroeconomic uncertainty are likely to keep dominating oil's agenda this week," said BNP Paribas analyst Harry Tchili...
- Oil prices fall further as dollar strengthensWorld oil prices slid further on Wednesday as the dollar rallied on the back of renewed fears over the eurozone debt crisis and tensions on...
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