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Oil Steadies as Traders Look to OPEC Report and Inflation Data
Financial Post· 5 days agoOil held a gain before the release of an OPEC market outlook, with traders looking for signs on...
Nigeria's Glut of Unsold Oil Starts to Shrink as Prices Weaken
Financial Post· 5 days agoNigeria’s crude oil for loading this month is finally showing signs of starting to clear out after a...
Oil Rises as Shrinking US Stockpiles Add to Risk-On Sentiment
Bloomberg via Yahoo Finance Canada· 3 days ago(Bloomberg) -- Oil erased earlier losses to close higher, but remained within a tight range as...
Oil Advances on US Stockpile Decline and Broader Risk-On Mood
Financial Post· 3 days agoGlobal benchmark Brent topped $83 a barrel after climbing 0.5% on Wednesday, while US benchmark West...
Oil flirts with breaking below $78 after sluggish demand forecast from IEA
The Forex Market· 4 days agoOil hangs around $78.00 after both OPEC and IEA released their monthly reports. While OPEC stuck to...
Saudis Fear Overheating Economy Could Slow Diversification from Oil
Baystreet· 2 days agooil sector. Allowing more time to implement the massive investment projects under the Vision 2030 plan to diversify the oil-dependent economy could be a ...
Short Yen Wagers Linger Due to Gap Between US-Japan Rate Paths
Bloomberg via Yahoo Finance Canada· 2 days ago(Bloomberg) -- The gulf between interest rates in the US and Japan means traders are still betting...
Commodities Hit Highest in a Year, Posing New Inflation Threat
Financial Post· 3 days agoThe Bloomberg Commodity Spot Index — which tracks 24 energy, metal and agricultural contracts —...
Brazil Oil Juniors 3R, Enauta Agree on $1.2 Billion Deal
Financial Post· 2 days agoEnauta holders will get 0.8092 share of 3R Petroleum for each of their shares in the transaction,...
Suriname’s Oil Resources Seen Totaling 2.4 Billion Barrels
Bloomberg via Yahoo Finance Canada· 2 days ago(Bloomberg) -- Suriname’s discovered oil resources now total more than 2.4 billion barrels of crude...