Oil Holds Gain as Traders Turn Focus to Decline in Inventories
Oil steadied as traders assessed the impact of the latest round of supply cuts from OPEC+ and a
2023-07-06 13:56
Oil Holds Advance as Traders Take Stock of OPEC+ Supply Curbs
Oil remained higher after major OPEC+ producers Saudia Arabia and Russia announced output cuts to stem a slide
2023-07-05 08:18
Saudi Oil Cuts See Top Buyers Looking at Crude From Elsewhere
Asia’s oil refiners, responsible for meeting about a third of the world’s fuel consumption, are getting ready to
2023-07-04 23:23
Oil Edges Higher After Saudi Arabia and Russia Curb Supplies
Oil rose modestly as traders assessed the latest salvo from OPEC+ kingpins Saudi Arabia and Russia to prop
2023-07-04 08:17
Saudis and Russia Extend Oil Supply Cuts to Prop Up Market
Saudi Arabia will prolong its unilateral oil production cut by one month, keeping a lid on supply amid
2023-07-04 00:46
Oil Steadies After Record Losing Run as Traders Eye Second Half
Oil was little changed as the second half kicked off, with traders focused on challenges to demand and
2023-07-03 07:27
A $7.5 Billion Derivative Trade Shifts to India as SGX Feud Ends
Derivative contracts with a notional value of about $7.5 billion traded in Singapore will shift to India as
2023-07-02 09:49
US Consumers Lose Steam, Setting Economy Up for Sharp Slowdown
US consumer spending — the economy’s main engine — has lost steam for most of this year, portending
2023-07-01 01:58
Oil Heads for First Back-to-Back Quarterly Decline Since 2019
Oil was on track for its first back-to-back quarterly loss since 2019 as persistent concerns over the demand
2023-06-30 08:48
Oil Steadies After Big Drop in US Stockpiles Boosts Optimism
Oil steadied in Asia after a big decline in US crude stockpiles provided some optimism for a market
2023-06-29 07:56
Oil Steadies as Concerns Over Demand Outlook Hang Over Market
Oil steadied in Asia as investors weighed the outlook for monetary policy and a mixed industry report on
2023-06-28 09:45
Faraday Future investors commit $90 million in funding
Faraday Future Intelligent Electric has received $90 million in funding commitment from its existing investors, the electric-vehicle startup
2023-06-28 01:18