World Business
OPEC+ Completes 2023 Cut Reversal with Modest Quota Hike
OPEC+ nations approved a 188,000 bpd quota increase, theoretically unwinding 2023 cuts. The move offers future flexibility once Middle East conflict ends.
#Crude Oil 86 articles
Stocks
Cotton Futures Climb at Midday as Exports Exceed Projections
Cotton futures rose 40 to 60 points at midday Friday, driven by accumulated export business surpassing USDA projections by 102%. Crude oil...
Stocks
Oil Majors Anticipate High Profits from Elevated Crude Prices
Shell, Exxon, and Chevron are expected to report substantial quarterly profits this week, driven by a sustained period of higher crude prices.
Markets
Oil Dips: Hormuz Management Talks Drive Prices Down
Crude oil prices fell as Iran and Oman discussed Strait of Hormuz management, raising hopes for free oil flow. Investors also engaged...
Markets
WTI Crude Plunges 4.37% as U.S.-Iran De-escalation Eases Supply Fears
Crude oil prices saw a significant plunge on Tuesday, with WTI September delivery falling 4.37% to $79.00 per barrel. This decline is...
Markets
Taiwanese Equities Eye Rebound After Three-Day Slide
The Taiwan Stock Exchange, having shed over 770 points in three sessions, is anticipated to open higher on Tuesday, buoyed by an...
Stocks
Crude Breaks Win Streak on China’s Iran Diplomacy Push
Crude oil futures fell Friday, ending a five-day rally, after reports indicated China is pushing to resume stalled U.S.-Iran peace talks. Exploratory...
Markets
WTI Crude Plunges 3.24% on Output Hike Prospects, Profit-Taking
WTI crude oil prices plummeted on Friday, shedding gains from five consecutive sessions as investors booked profits and anticipated a likely output...
Markets
Crude Surge Crushes Rupee Rebound Bets, Threatens Fresh Lows
Hopes for a significant Indian rupee rebound have dissipated as a sharp rise in crude oil prices blunts capital inflows, pushing the...