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Crude oil prices rebound after a sharp two-day pullback, as emphasis shifts to supply risks resulting from the drone attacks on Saudi oil infrastructure; WTI October crude +1% to $58.62/bbl, Brent +1.5% to $64.56/bbl. More news on: The United States Oil ETF, LP, Energy Select S...
It would be an understatement to say that a sustained increase in international oil prices is the last thing that a slowing global economy now needs. It would also be true to say that a sustained increase in oil prices would likely lead to a further strengthening of the US dollar that would he...
Original Post By Stuart Burns The drone and cruise missile strikes on Saudi Arabian oil installations this week caused a massive spike in oil prices as the market reacted with surprise to the news - but should it have been such a surprise? The strike said to have been made by some ...
Oil prices surged Monday after attacks on Saudi Arabia’s Abqaiq processing plant and Khurais oil field Saturday suspended more than half the country’s oil production. While the ultimate impact will depend on a combination of the extent of damage, the U.S. and Saudi response, and ...
Oil prices surge after an attack on Saudi Arabian oil facilities halved the kingdom's production. Michael O'Brien, Portfolio Manager, TD Asset Management, speaks with Anthony Okolie about the implications for the energy Read more ...
The steepest single day fluctuation in oil history took place when Brent crude price skyrocketed by 19 percent to $71.95 per barrel on the market opening on Monday. It followed the attacks on the world's largest crude oil processing facility in Saudi Arabia - itself the world's largest oil exp...
A century ago, petroleum - what we call oil - was just an obscure commodity; today it is almost as vital to human existence as water. - James Buchan The price of oil is on everyone's lips these days. An attack on a Saudi production facility over the weekend sent shivers on the world's spin...
Kingdom of Saudi Arabia: Whatever it takes Last time we wrote about US crude inventories, we explained how serious KSA was about bringing the oil market to balance. Please see our previous article for reference. Not only KSA, but also Venezuela and Iraq. See below: Source: Author bas...
Welcome to the uh oh edition of Oil Markets Daily! Last month, we wrote an article titled, " Shale Oil Well Productivity Continues To Stagnate ." So it's no surprise that this month's DPR shows US shale oil well productivity turning negative y-o-y for the first time since October 2016. ...
Crude oil prices extend yesterday's losses after Pres. Trump said he ordered the Treasury Department to "substantially increase" sanctions on Iran, although it is not yet clear what steps the president directed Treasury Secretary Mnuchin to take. More news on: The United States Oil ETF...
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Nineteen enhancements launched to help brands increase orders, streamline operations, and improve guest experiences Olo Inc. (NYSE:OLO), a leading restaurant technology provider, today announced Loyalty for Borderless Accounts, a new feature that allows guests to earn, redeem, and u...
Olo Inc. (NYSE: OLO), a leading restaurant technology provider, today announced that it will report its second quarter fiscal year 2024 financial results after the U.S. financial markets close on Wednesday, July 31, 2024. In conjunction with this announcement, Olo will host a conference call ...