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Energy Markets
Saudi Arabia-Led Oil Cuts Run Into Gusher of Alternative Supplies
The wild card for the market lies in players such as Nigeria where production has risen unexpectedly but is prone to outages. Source link
OPEC+ Cut Won't Throttle Chinese Oil Demand
The U.S. is looking shaky, but the world’s largest energy consumer is still in the early stages of its post-Covid recovery. Source link
Dow Futures Tread Water Ahead of Jobless Claims
Brent crude oil and gold prices held near record highs. Source link
Oil Prices, Stock Futures Rise Ahead of More Economic Data
Markets U.S. Markets Brent futures extend gains having posted their largest rise in more than a year Monday Source link
Saudi Arabia's Oil Production Cuts Reflect Cost of Reshaping Economy
Riyadh needs to keep prices high enough to fund grandiose gigaprojects. Source link
OPEC+ Oil Market Move Less Surprising Than It Seems
The latest output cut took the markets by surprise, but conditions might have justified it. Source link
Saudi-Led Oil Producers to Lower Output Further
The new cuts are expected to total more than a million barrels a day, a surprise move that led to a jump in crude prices.
Oil Prices Jump as Saudi-Led Group Plans Output Cuts
A potential U.S. recession and demand from China will help determine whether crude pushes even higher. Source link
U.S. Stocks Open Mixed as Oil Prices Jump
Markets U.S. Markets Crude oil prices gain on surprise Saudi-led production cut Source link
Japan Breaks With U.S. Allies, Buys Russian Oil Above Cap
Citing energy needs, Tokyo won legal exception to rules binding Group of Seven nations. Source link