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OPEC+ Cut Won't Throttle Chinese Oil Demand
Finances

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

Oil falls as weak US economic data stokes recession fears By Reuters
Finances

Oil falls as weak US economic data stokes recession fears By Reuters

© Reuters. FILE PHOTO: Pump jacks operate at sunset in an oil field in Midland, Texas U.S. August 22, 2018. REUTERS/Nick Oxford By Katya Golubkova

IKEA completes sale of Russian factory to local firm By Reuters
Stock Market

Shell sees stronger LNG volumes and oil product performance in Q1 By Reuters

© Reuters. FILE PHOTO: General view of a Shell petrol station sign, in Milton Keynes, Britain, January 5, 2022. REUTERS/Andrew Boyers (Reuters) -Shell expects higher

Exxon Quits Drilling in Brazil After Failing to Find Oil
Business

Exxon Quits Drilling in Brazil After Failing to Find Oil

WSJ News Exclusive Business Oil giant has spent billions on the offshore campaign and hasn’t ruled out other projects in the country Source link

Nervousness over banks sends euro 1% lower despite PMI By Reuters
Finances

Colombia’s peso to stay weak on central bank pause signs, mismatch vs oil price

© Reuters. FILE PHOTO: An employee counts Colombian pesos in an exchange house, in Bogota, Colombia July 11, 2022. REUTERS/Luisa Gomzalez By Gabriel Burin BUENOS

Freeport-McMoRan (FCX) Declares $0.08 Dividend
Stock Market

Unusual Call Option Trade in Marathon Oil (MRO) Worth $319.50K

On April 4, 2023 at 11:00:39 ET an unusually large $319.50K block of Call contracts in Marathon Oil (MRO) was sold, with a strike price

Freeport-McMoRan (FCX) Declares $0.08 Dividend
Business

Oil producer EnQuest reports almost 31% jump in 2022 free cash flow

Adds detail April 5 (Reuters) – British North Sea focused oil producer EnQuest ENQ.L recorded $519 million of 2022 free cash flow, above guidance and

Oil Prices, Stock Futures Rise Ahead of More Economic Data
Finances

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
Business

Saudi Arabia's Oil Production Cuts Reflect Cost of Reshaping Economy

Riyadh needs to keep prices high enough to fund grandiose gigaprojects. Source link

Asian stocks muted as manufacturing slowdown, oil rally brew uncertainty
Stock Market

Asian stocks muted as manufacturing slowdown, oil rally brew uncertainty By Investing.com

© Reuters. By Ambar Warrick Investing.com– Asian stocks kept to a small range on Tuesday as a raft of weak manufacturing data raised concerns over