Tag: Oil
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Oil extends losses as economic slowdown concerns return
Oil fell for a second day on Wednesday as concerns over global economic headwinds deepened, erasing the price gains booked after top crude exporter...
OPEC+ unlikely to deepen oil supply cuts at June 4 meeting, sources say
OPEC and its allies are unlikely to deepen supply cuts at their ministerial meeting on Sunday despite a fall in oil prices toward $70...
Oil steadies as higher inventories balance U.S debt bill progress
Oil steadied on Thursday as a potential pause in U.S. interest rate hikes and the passing of a crucial vote on the U.S. debt...
Oil falls 2% on US debt deal struggles, OPEC+ talks uncertainty
Oil fell by nearly 2% on Tuesday as concerns about the US debt ceiling pact cooled the market's risk-on sentiment and mixed messages from...
Saudi diesel imports from Russia, exports to Singapore hit records
Leading crude exporter Saudi Arabia is maximising refining profits by importing unprecedented amounts of cheap Russian diesel and in turn shipping record volumes to...
