Oil futures rose Monday, on track to end August on an upbeat note after data showed a stronger-than-expected pickup in China’s service sector. “The move follows moderate week-on-week gains during last week’s trading, with continued improvement to global demand levels combining with a weaker dollar and ongoing supply cuts to …
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Crude-oil prices climbed on Thursday after a report that major producers at a an OPEC-led meeting of the Joint Ministerial Monitoring Committee, or JMMC, planned to make up for failing to fully meet their production-cut targets last month. The JMMC, which monitors compliance with OPEC output quotas, held gathering via …
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Relocation itself is stressful, so you really don’t want to add to that pressure by hiring the wrong moving company. The right mover can mean the difference between a stressful relocation and a stress-free one. The best movers would ensure that your items get to your location safely. This is …
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Oil prices failed to find support on Wednesday, even after U.S. government data showed an unexpected weekly decline in domestic crude supplies, along with a fall in stocks at the Cushing, Okla. storage hub. “Any further upside [for prices] will be rather tepid from here,” said Tariq Zahir, managing member …
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Crude futures traded lower on Wednesday, with the U.S. benchmark contract at risk of snapping a five-session streak, pressured by concerns over tightening oil-storage capacity even as weekly crude inventories rose less than expected and domestic production declined. The build in weekly U.S. crude inventories reported by the Energy Information …
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U.S. oil prices remained under pressure on Tuesday, after the June contract saw its second-lowest settlement on record as concerns over a lack of storage for the commodity continued to dog the market. The front-month June WTI crude CLM20, -16.58% fell $ 1.63, or 12%, to $ 11.13 a barrel. …
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Oil futures were headed sharply lower early Wednesday as the energy complex faced persistent pressure centered on a dearth of places to put excess oil and a glut of the commodity being pumped by major producers. June Brent crude BRNM20, -11.74%, the international benchmark, was trading down $ 3.09, or …
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Oil futures rose in electronic trade early Thursday as investors awaited the outcome of a crucial meeting of OPEC and its allies that is intended to end a price war between Russia and Saudi Arabia. Investors bid the price of crude up on Wednesday in anticipation of a pact between …
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Oil futures headed lower Sunday evening in electronic trade after a key meeting between oil giants Saudi Arabia and Russia was tentatively shifted to Thursday instead of Monday, amid rising tensions between the world’s biggest oil producers over the weekend. The Organization of the Petroleum Exporting Countries and its allies, …
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