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Saudis Fear Overheating Economy Could Slow Diversification from Oil
Baystreet· 14 hours agoThe world’s largest crude oil exporter, Saudi Arabia, is looking to prevent its economy from overheating and driving inflation higher as it aims to boost ...
Oil Posts Weekly Gain as Supply Outlook and Inflation Set Tone
Bloomberg via Yahoo Finance Canada· 5 hours ago(Bloomberg) -- Oil notched a weekly gain while futures stayed in a narrow range, with the outlook...
Think Inflation Is Cooling? Think Again.
Barrons.com· 2 hours agoRanson looked at annual prices of the benchmark West Texas intermediate crude oil and gold going back to 1986. He looked at whether oil
Suriname’s Oil Resources Seen Totaling 2.4 Billion Barrels
Bloomberg via Yahoo Finance Canada· 1 day ago(Bloomberg) -- Suriname’s discovered oil resources now total more than 2.4 billion barrels of crude...
Nigeria's Glut of Unsold Oil Starts to Shrink as Prices Weaken
Financial Post· 3 days agoNigeria’s crude oil for loading this month is finally showing signs of starting to clear out after a...
Oil Edges Up While Cloudy Outlook Keeps Prices Locked in Range
Bloomberg via Yahoo Finance Canada· 4 days ago(Bloomberg) -- Oil edged higher as signs of a tighter market vied with decreased geopolitical risks...
Oil Rises as Shrinking US Stockpiles Add to Risk-On Sentiment
Bloomberg via Yahoo Finance Canada· 1 day ago(Bloomberg) -- Oil erased earlier losses to close higher, but remained within a tight range as...
Nigeria’s Mega Refinery Seeks Millions of Barrels of US Oil
Bloomberg via Yahoo Finance Canada· 2 days ago(Bloomberg) -- Nigeria’s new Dangote mega refinery near Lagos is seeking to buy millions of barrels...
Russia’s Seaborne Crude Exports Plunge to a Two-Month Low
Bloomberg via Yahoo Canada News· 4 days ago(Bloomberg) -- Russia’s crude flows dropped to an eight-week low in the seven days to May 12, with...
Stocks Churn as Traders Waver on US Rates Outlook: Markets Wrap
Bloomberg via Yahoo Finance Canada· 12 hours ago(Bloomberg) -- Stocks hovered below this week’s record levels as dialed-down bets for Federal...