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Oil, China and Hurricane Rafael
Oil prices fall more than 1% as Hurricane Rafael risk recedes
Oil prices fell on Friday on receding fears over the impact of Hurricane Rafael on oil and gas infrastructure in the U.S. Gulf while investors also weighed up fresh Chinese economic stimulus.
Oil ends down on the day, up for the week on conflicting supply-demand prospects
Oil futures fell Friday, with weakness tied in part to disappointment in China’s latest round of stimulus measures.
Oil Falls on China Concerns, Fading Hurricane Threats
Oil prices extend losses in late afternoon trade in Europe, with both benchmarks falling more than 2.5% after China held off on new fiscal stimulus and fears over U.S. supply disruptions due to Hurricane Rafael eased.
Tether makes its 1st oil trade in Middle East
Tether Funds First Oil Trade for Major Producer in Middle East
Stablecoin issuer Tether said it completed the funding of its first crude oil transaction in the Middle East as part of a plan to become a lender in commodities trading.
Stablecoin Giant Tether Enters Oil Trade by Financing $45M Middle Eastern Crude Deal
Tether said its investment arm financed 670,000 barrels of Middle East crude oil worth $45 million.The issuer of the USDT stablecoin wants to
Tether Ventures into Middle Eastern Oil Market with $45M Crude Shipment, Signaling Fintech Power Shift
Tether, issuer of the USDT stablecoin, has financed its first major crude oil transaction in the Middle East, moving 670,000 barrels valued at $45 million. This marks a significant entry into commodities for
9h
on MSN
U.S. secures 200 million barrels of oil for strategic reserve
Nov. 8 (UPI) --The U.S. Department of Energy said Friday that 200 million barrels of
oil
have been bought and delivered for ...
Hosted on MSN
11h
Oil falls over 2% on receding US hurricane risk, lackluster China stimulus
NEW YORK (Reuters) -
Oil
prices fell more than 2% on Friday as traders grew less fearful of prolonged supply disruptions ...
3h
Russia Explores Plan to Merge Oil Giants Into Mega Producer
The resulting company would be the world’s second-largest crude producer, behind Saudi Arabia’s Aramco, and would pump almost ...
9h
on MSN
7 Best Oil and Gas Stocks to Buy in 2024
SLB shares closed at $43.24 on Nov. 7, meaning there could be room for growth even at the low end of the analyst estimates.
11h
U.S. completes oil-reserve purchases tied to emergency sales in 2022
The Department of Energy on Friday said it bought 2.4 million barrels of oil for the nation’s Strategic Petroleum Reserve, ...
13h
Canada’s New Oil Pipeline Worth Up to $24 Billion, Report Finds
A project to triple the capacity of the Trans Mountain Pipeline still has a high value after massive cost overruns to build ...
9h
What A Trump Presidency Means For Oil And Gas Markets
Energy markets are trying to digest what a Trump presidency means for oil & gas prices. The policies are expected to be ...
1d
Oil Prices Drop After Trump Victory
Oil prices fell as Donald Trump secured the presidency. Brent, the global benchmark for crude oil, fell nearly 2% to trade a ...
Investopedia
13h
What A Trump Victory Means For Oil Stocks
Trump's pro-energy stance may backfire for
oil
stocks Lyle spent most of the past two decades in a variety of product, communication and financial writing roles with large asset managers and mutual ...
9h
Ukraine war latest: Ukrainian drones hit oil refinery in Russia's Saratov, HUR source says
Ukrainian drones hit oil refinery in Russia's Saratov, HUR source confirms Ukraine to receive $6 billion in US military aid ...
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