Donald Trump’s Treasury pick stresses need for tougher sanctions on Russian oil
The comments on Thursday by Donald Trump’s nominee to be Treasury secretary pushed up oil prices, as traders considered the prospect of tighter global crude supply. The new administration is also expected to target Iranian and Venezuelan oil with tougher sanctions as Trump seeks to increase economic pressure on the US’s adversaries.
U.S. crude oil stocks excluding the Strategic Petroleum Reserve (SPR) fell last week to their lowest since April 2022 as ...
While the latest Energy Information Administration report shows a downward trend in gasoline demand with increased supplies, ...
Oil futures settled lower on Thursday, pulling back as news of an Israel-Hamas cease-fire deal helped to ease some worries ...
Senator Heineken Lokpobiri on Thursday insisted that fluctuations in the pump price of petrol would be determined by the ...
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Dangote refinery projects 650,000bpd June, plans crude importThe Dangote Petroleum Refinery is planning to import more crude oil as supply from the Nigerian National Petroleum Company ...
2-Year U.S. Treasury Note Continuous Contract $102.699-0.055-0.05% 5-Year U.S. Treasury Note Continuous Contract $105.977-0.102-0.10% 10-Year U.S. Treasury Note Continuous Contract $108.219-0.109 ...
Further near-term declines in Cushing stocks would likely put more upward pressure on crude spread — the difference between ...
U.S. shale can still surprise with undiscovered resources, even as more and more reports emerge suggesting that prime acreage ...
Oil futures pull back from five-month highs reached on supply concerns around U.S. sanctions and winter heating fuel demand. "Crude oil finally caved under pressure from an overbought RSI," Mizuho's ...
OIL prices settled lower on Thursday with Yemen’s Houthi militia expected to halt attacks on ships in the Red Sea, and ...
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