Tag: crude
Oil Prices Near Four-Month Low Amid OPEC+ Supply Outlook and Rising U.S. Stocks
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Oil prices remained near four-month lows on Wednesday as markets anticipated a supply increase later this year when OPEC+ begins to unwind some output...
Japan Stocks Decline as Nikkei 225 Drops 0.88%
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Japan's stock market closed lower on Wednesday, with significant declines in the Mining, Paper & Pulp, and Banking sectors driving the Nikkei 225 index...
Stocks Gain on Rate-Cut Wagers as ECB Meeting Looms
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World shares rose on Wednesday and the dollar steadied with a European Central Bank policy meeting coming into focus following soft U.S. labor market...
OPEC+ Extends Deep Oil Production Cuts into 2025
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On Sunday, OPEC+ announced the extension of its significant oil output cuts well into 2025, aiming to stabilize the market amid lukewarm demand growth,...
European Shares Rally, Anticipating ECB Rates Move
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European markets experienced a rebound on Monday, with government bond yields dropping, as investors awaited a potential interest rate adjustment from the European Central...
Japan’s Nikkei 225 Index Rises by 1.16% at Close
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Tokyo, Japan - On Monday, Japan's stock market witnessed a rise, with notable gains observed in the Gas & Water, Chemical, Petroleum & Plastic,...
Oil Prices Steady Ahead of Key US Inflation Data, OPEC+ Meeting
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Oil prices maintained stability on Friday, as investors awaited the release of significant U.S. inflation data and the impending meeting of major crude producers...
Japan Stocks Close Higher; Nikkei 225 Up 1.27%
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Japan stocks concluded the trading session on a positive note on Friday, with gains in the Paper & Pulp, Manufacturing, and Transportation Equipment sectors...
Oil Prices Steady Amid Rate and Inflation Concerns, Despite Large Inventory Draw
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Oil prices remained steady in Asian trade on Thursday as optimism over a larger-than-expected draw in U.S. inventories was tempered by caution ahead of...
Japan Stocks Decline, Nikkei 225 Drops 1.32%
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On Thursday, Japan's stock market experienced a downturn, with losses primarily observed in the Marine Transport, Manufacturing, and Fishery sectors, contributing to the overall...
European Stocks Mostly Lower Ahead of Key Inflation Data
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European stock markets largely fell on Thursday, influenced by rising global bond yields and the anticipation of crucial inflation data set to be released...
Oil Prices Rise on Expectations of OPEC+ Maintaining Output Cuts and Summer Demand Surge
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In Asian trading on Wednesday, oil prices saw an uptick as market participants anticipated major producers to uphold output cuts at an upcoming meeting...