• Oil is taking a hit after US inventories gain while Putin says prices are 'absolutely fine'

    18 days ago - By Chron

    Oil prices tumble yet again ahead of an OPEC meeting on December 6. Vladimir Putin said current prices are “absolutely fine.” WTI traded below $50 for the first time in over a year.
    Federal Reserve Chairman Jerome Powell said on Wednesday that rates are "just below" a neutral level, taken by investors as a sign that the rate hike agenda was nearing its end. That helped lift European shares on Thursday.
    US treasury yields and the dollar fell ahead of a crucial G20 summit in Argentina Friday.
    Brent Crude dropped back below $60 a barrel and is currently trading at $58.14, down 1.6%, after...
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  • Oil is taking a hit after US inventories gain while Putin says prices are 'absolutely fine'

    Oil is taking a hit after US inventories gain while Putin says prices are 'absolutely fine'

    18 days ago - By Business Insider

    Oil prices tumble yet again ahead of an OPEC meeting on December 6. Vladimir Putin said current prices are “ absolutely fine .” WTI traded below $50 for the first time in over a year.
    Federal Reserve Chairman Jerome Powell said on Wednesday that rates are "just below" a neutral level, taken by investors as a sign that the rate hike agenda was nearing its end. That helped lift European shares on Thursday.
    US treasury yields and the dollar fell ahead of a crucial G20 summit in Argentina Friday.
    Brent Crude dropped back below $60 a barrel and is currently trading at $58.14, down 1.6%, after...
    Read more ...

     

  • Oil is taking a hit after US inventories gain while Putin says prices are 'absolutely fine'

    Oil is taking a hit after US inventories gain while Putin says prices are 'absolutely fine'

    18 days ago - By Business Insider

    Oil prices tumble yet again ahead of an OPEC meeting on December 6. Vladimir Putin said current prices are “ absolutely fine .” WTI traded below $50 for the first time in over a year.
    Federal Reserve Chairman Jerome Powell said on Wednesday that rates are "just below" a neutral level, taken by investors as a sign that the rate hike agenda was nearing its end. That helped lift European shares on Thursday.
    US treasury yields and the dollar fell ahead of a crucial G20 summit in Argentina Friday.
    Brent Crude dropped back below $60 a barrel and is currently trading at $58.14, down 1.6%, after...
    Read more ...

     

  • Oil prices firm ahead of G20 meeting, but rising supply curbs gains

    18 days ago - By Reuters

    Oil prices edged up on Thursday on optimism that trade talks at the upcoming G20 meeting could help the global economy and improve demand, but gains were curbed after U.S. crude inventories hit their highest in a year.
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