Tag: crude
Oil Prices Retreat from Seven-Week Highs on Mixed Signals
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Oil prices retreated on Wednesday after reaching seven-week highs, influenced by conflicting factors of summer demand optimism and geopolitical tensions, despite an unexpected increase...
What can replace gasoline?
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The quest for alternatives to gasoline has become increasingly urgent in the face of environmental concerns, geopolitical tensions, and the finite nature of fossil...
Indonesian Stocks Close Slightly Lower, IDX Composite Index Falls 0.04%
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Indonesian stocks closed slightly lower on Wednesday, with the IDX Composite Index slipping by 0.04% to reach a new six-month low by the end...
Global Shares Rise as Europe Stabilizes; U.S. Fed Remarks Anticipated
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Global shares edged higher on Tuesday as markets in Europe stabilized and traders awaited remarks from several U.S. Federal Reserve officials. Meanwhile, the Australian...
Gold and crude oil opened lower. Today’s trend analysis and operation suggestions
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June 17, news analysis: As the market continues to digest the better-than-expected US inflation data on Wednesday, prices rose 1.3%. As the market continues...
Oil for Another 80 Years: The Significant Appeal of Carbon Capture
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In recent years, oil majors have been investing heavily in carbon capture and storage (CCS) technology, ostensibly to offset the CO2 emissions from the...
Is Diesel Fuel Less Refined than Gasoline?
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Diesel and gasoline are two of the most commonly used fuels for internal combustion engines, powering vehicles, machinery, and generators worldwide. While they share...
What nation was the largest oil producer in the world?
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The global energy landscape is shaped by a complex interplay of geopolitical, economic, and environmental factors, with oil production playing a central role in...
Oil Prices Set for Best Week in Over 2 Months on Demand Outlook and OPEC+ Compliance
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Oil prices are showing signs of moderation on Friday as investors weigh the implications of U.S. interest rates remaining elevated for an extended period....
Indonesia Stocks Close Lower; IDX Composite Index Falls 1.26%
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Indonesia stocks concluded Friday's session on a downward trajectory, with losses primarily driven by the Infrastructure, Financials, and Agriculture sectors. By the close in Jakarta,...
Oil Prices Retreat Following Unexpected Increase in US Inventories and Hawkish Fed Statements
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Oil prices experienced a decline in Asian trading on Thursday, prompted by official data revealing an unexpected build in U.S. crude inventories. Additionally, the...
Oil Prices Decline Amid US Growth Concerns and Abundant Crude Supply
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Early trade on Thursday saw a drop in oil prices as investors processed the likelihood of the U.S. Federal Reserve postponing a potential interest...