Today: September 19, 2024
Today: September 19, 2024

Latest From Arunima Kumar

Business|Economy|Finance|News

Oil prices settle up on supply shocks, prospect of US interest rate cuts

Oil prices rose by a dollar a barrel on Tuesday as supply disruptions mounted and traders bet that demand will grow if the U.S.

Oil prices settle up on supply shocks, prospect of US interest rate cuts
Business|Economy

Oil eases on resuming US output after storm, rising rig count

Oil prices fell on Friday as U.S. Gulf of Mexico crude production resumed following Hurricane Francine and rising data showed a weekly rise in U.S. rig count.

Oil eases on resuming US output after storm, rising rig count
Business|Economy|News

Oil slumps about 5% as end to Libyan dispute in sight

Oil prices settled nearly 5% down on Tuesday at their lowest levels in nearly nine months on signs of a deal to resolve a dispute that has halted Libyan crude

Oil slumps about 5% as end to Libyan dispute in sight
Business|Economy|MidEast|News

Oil settles $1 down as supply set to rise, uncertainty around Fed rate cuts

Oil prices retreated on Friday as investors weighed expectations of a rise in OPEC+ supply starting in October, alongside dwindling hopes of a hefty U.S.

Oil settles $1 down as supply set to rise, uncertainty around Fed rate cuts
Business|Economy|Finance

Oil settles up over 1% on worries over supplies from Libya, Iraq

Oil prices settled up by more than a dollar a barrel on Thursday as supply disruptions in Libya and plans to lower output in Iraq raised fears of tighter global

Oil settles up over 1% on worries over supplies from Libya, Iraq
Business|Economy|Finance|News

Oil prices settle $1 up on hopes of a US Fed rate cut next month

Oil prices settled up more than 1% on Thursday, as expectations for a U.S. interest rate cut in a few weeks fueled a rebound after four days of price declines.

Oil prices settle $1 up on hopes of a US Fed rate cut next month
MidEast|News|World

Oil settles down 1% as Middle East tensions ease, China data weak

Oil prices fell about 1% to a two-week low on Tuesday as Middle East supply concerns eased after Israel accepted a proposal to tackle disagreements blocking a ceasefire deal in Gaza, and

Oil settles down 1% as Middle East tensions ease, China data weak
Economy|MidEast|News

Oil gains nearly 3% on rising Mideast tension, falling US crude stockpiles

Oil prices rose nearly 3% on Wednesday as investors worried the conflict in the Middle East could widen after the killing of a Hamas leader in Iran, and after a sharp

Oil gains nearly 3% on rising Mideast tension, falling US crude stockpiles
Business|Economy|Finance

Gold rally to boost profits for miners Newmont, Barrick

Newmont Corp and Barrick Gold Corp, the top two gold miners of the world, are expected to post higher quarterly profits, powered by a rally in the precious metal's prices.

Gold rally to boost profits for miners Newmont, Barrick
Economy|News

Oil prices gain 2% on big US storage withdrawal, weaker US dollar

Oil prices climbed about 2% on Wednesday on a bigger-than-expected weekly drop in U.S. crude stockpiles and as a weaker U.S. dollar overshadowed signs of lower

Oil prices gain 2% on big US storage withdrawal, weaker US dollar
Economy

Oil eases on weak US fuel demand, profit taking

Oil prices fell on Friday as investors weighed weak U.S. fuel demand and took some money off the table at quarter-end, while key inflation data for May boosted the

Oil eases on weak US fuel demand, profit taking
Business

Oil refiner HF Sinclair posts profit ahead of estimates on upbeat margins

HF Sinclair beat Wall Street estimates for fourth-quarter profit on Wednesday, helped by better-than-expected refining margins and throughput.

Oil refiner HF Sinclair posts profit ahead of estimates on upbeat margins
Business

Marathon Petroleum's quarterly profit tops estimates on strong fuel demand

Marathon Petroleum beat estimates for third-quarter profit on Tuesday as demand for refined fuel soared amid already-tight supplies, sending the top U.S. refiner's shares

Marathon Petroleum's quarterly profit tops estimates on strong fuel demand
Business

Lower prices, oversupply to weigh on lithium miners

Albemarle Corp, the world's largest producer of lithium, is expected to report lower quarterly profit as prices of the silvery-white metal came under pressure due to

Lower prices, oversupply to weigh on lithium miners
Business

Halliburton profit beats as higher global drilling offsets weak N.America

Halliburton's third-quarter profit beat market expectations on Tuesday as higher international drilling and equipment demand helped overcome weakness in North America.

Halliburton profit beats as higher global drilling offsets weak N.America

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