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Oil falls to three-month low on inflation worries, U.S. bank shutdowns
Reuters via Yahoo Finance Canada· 1 year agoNEW YORK (Reuters) -Oil prices dropped over 4% to a three-month low on Tuesday after a U.S....
Oil edges up ahead of OPEC meeting despite recession worries
Reuters via Yahoo News· 2 years agoNEW YORK (Reuters) -Oil futures edged up less than 1% on Tuesday ahead of a meeting of OPEC+...
Oil up as Fed’s Bostic hints at another hold on rates and likely 2024 cut
Investing.com via Yahoo Finance Canada· 9 months agoIf there’s nothing greatly new in your own market to prop it up, you can always borrow a fundamental or two that weakens your rivals — in this case, US Treasuries and the dollar. Oil prices ...
Oil prices dip as markets gauge U.S. inventory build, recession fears
Investing.com via Yahoo Finance Canada· 1 year agoBy Ambar Warrick Investing.com-- Oil prices fell further on Thursday as industry data signaled another big weekly build in U.S. crude inventories, while weak economic data and a potential rise ...
Crude oil retreats after weak China data; U.S. retail sales rise
Investing.com via Yahoo Finance Canada· 11 months agoCrude oil prices fell Tuesday as disappointing economic data raised further concerns about China’s economic recovery, even following Beijing’s unexpected interest rate cut. China's industrial ...
Oil up as much 4% on Turkey terminal outage, awaits U.S. inventory report
Investing.com via Yahoo Finance Canada· 1 year agoNew York-traded West Texas Intermediate, or WTI, crude for March settled up $3.03, or 4.1%, at $77.14 per barrel. The U.S. crude benchmark settled up 1% on Monday after plunging 7.5% last week ...
Oil: Another rally, then profit-taking dive on ‘overbought’ signs
Investing.com via Yahoo Finance Canada· 10 months agoAdding to concerns over supply, U.S. oil production from top shale-producing regions could drop to 9.393 million barrels per day in October from 9.433 million barrels in September -- to reach the lowest levels since May, a government report said.
ECB to Hike, Powell Speaks, Oil Stable After Slump - What's Moving Markets
Investing.com via Yahoo Finance Canada· 2 years agoBy Geoffrey Smith Investing.com -- The European Central Bank may announce its biggest ever interest rate hike in an effort to prop up the ailing euro. Federal Reserve chair Jerome Powell will ...
Oil retreats despite China demand, as U.S. data goes from bad to worse
Investing.com via Yahoo Finance Canada· 1 year agoIt’s a question oil bulls had to reckon with as oil prices retreated from Wednesday’s highs reached on China’s bullish story as U.S. data on manufacturing to retail turned from bad to worse.
Oil Dips as Dollar Regains Mojo on U.S. Inflation/Rate Hike Read
Investing.com via Yahoo Finance Canada· 2 years agoIt’s hard to keep the dollar down — and oil rallying — when inflation data suggests the Fed isn’t doing enough with interest rates. Crude prices dipped on Tuesday, snapping a three-day rebound ...