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Goldman Sachs estimated a geopolitical risk premium of around $10 a barrel after Brent surged following Israel’s attack on Iran.
Oil prices bounced back on Wednesday morning after the EIA confirmed a very significant draw in crude inventories ...
Meanwhile, gasoline inventories rose by 200,000 barrels, off from analyst forecasts of a 400,000-barrel increase.
Amid the tragedy of the Israel-Iran conflict, stocks are proving stoic. Futures early Monday, as the missile attacks continued, showed the S&P 500 once again reclaiming the 6,000 mark. That's only ...
F OR THE past two years, the Middle East has been an even more tense place than usual. Houthis bombed commercial vessels; ...
Oil Ticks Higher As Traders Assess U.S.-China Framework Deal -- Market Talk ...
EIA reported a 1.3M barrel crude inventory build, defying expectations for a 900K drawdown and surprising markets. Crude oil ... years of experience in market analysis and trading, specializing in ...
Almost 10 years to the day after a massive oil spill fouled the Santa Barbara coastline and prompted the closure of several drilling platforms, a Texas-based company says it has resumed crude oil ...
Monday marks 10 years since the Refugio oil spill off Santa ... and now that same pipeline that burst could be reopening. "It was enough crude oil to really have a devastating effect on the ...
“Announcing a restart 10 years to the day since this pipeline system smothered the coast in crude is a slap in the face to Californians who don’t want oil-coated pelicans and poisoned dolphins washing ...
US crude oil output is likely to hit ... Both leaders foresaw peak US oil happening somewhere in the next five to 10 years. “At some point, the US probably plateaus as an oil producer ...