Oil Rises on Libyan Disruption, Expectations of Larger Fed Cut
Oil jumped as Libyan exports continued to slump and expectations rose that the Federal Reserve will be more aggressive in cutting rates this week.Most Read from BloombergPipeline Fire Near Houston Forces Some Residents to EvacuateHousing’s Worst Crisis in Decades Reverberates Through 2024 RaceUS Driving and Congestion Rates Are Higher Than EverAn Affordable Nomadic Home Design Struggles to Adapt to Urban LifeAn Artist Reimagines the Spaces of Childhood,
Oil rose in the early Asian session, buoyed by signs of declining supply from Libya.
Oil prices rose over 2% on Thursday as producers assessed the impact on output in the U.S. Gulf of Mexico after Hurricane ...
According to its September STEO, the EIA now sees the Brent spot price averaging $82.80 per barrel this year and $84.09 per ...
Oil futures rise for the third time in four sessions as U.S. offshore production gradually recovers from last week’s Hurricane Francine, with market attention on this week’s Fed meeting.
Imperial Oil Ltd. closed C$15.04 short of its 52-week high of C$106.09, which the company achieved on August 16th.
The Indian rupee was little changed on Monday, wedged between oil companies' dollar demand and a rise in its Asian peers on ...
Haitian authorities continued their response Sunday to a tanker truck explosion that killed at least 24 people in Haiti’s ...
Shares of Marathon Oil Corp. MRO inched 0.35% higher to $25.98 Thursday, on what proved to be an all-around positive trading ...
Pakistan’s oil reserves rose by 26% and gas by 2% in FY 2024, aided by SIFC’s facilitation in new discoveries.
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