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    Oil shipping rates from US to Asia touch 3-year high

    02 Oct 2019

    Freight rates for US crude tankers bound for Asia were bid up to a more than three-year peak this week as US sanctions on a Chinese transport giant cut vessel availability,

    Global stocks sweep higher on US corporate earnings report

    19 Jul 2022

    Global stock markets climbed on Tuesday as equities rallied while the dollar was down for a third straight day as the door was opened for the European Central Bank

    Oil highest since 2014 as Turkey outage adds to tight supply

    19 Jan 2022

    Oil prices rose for a fourth day on Wednesday after a fire on a pipeline from Iraq to Turkey briefly stopped flows, increasing concerns about an already tight short term supply outlook. Brent crude futures rose 48 cents, or 0.6%, to $87.99 a barrel at 1245 GMT, adding

    Oil’s bull run rolls on despite possible China reserves release

    14 Jan 2022

    Oil futures rose on Friday on course for a fourth weekly gain boosted by supply constraints and a weaker dollar and despite sources saying China is set to release crude reserves around the Lunar New Year.

    Physical crude oil market steams ahead after Omicron variant blip

    16 Jan 2022

    Frantic oil buying driven by supply outages and signs the Omicron variant won’t be as disruptive as feared has pushed some crude grades to multi-year highs, suggesting the rally in Brent futures could be sustained a while longer, traders said.

    Oil prices hit 7-year highs as tight supply bites; not affected by virus

    18 Jan 2022

    Benchmark oil prices climbed to their highest level since 2014 on Tuesday as possible supply disruption after attacks in the Mideast Gulf added to an already tight supply outlook.

    Energy hungry Europe can’t look to US shale to fill any Opec gap

    03 Dec 2022

    US shale oil drillers turned from scrappy wildcatters into multi-millionaires over the past two decades, propelling the United States to become the world’s largest producer, but now they are running out of runway.

    Global food prices overall hold steady in November

    03 Dec 2022

    The measure of changes in world food commodity prices remained largely steady in November, with declining international prices of cereals, meat and dairy products offsetting increasing quotations

    Biden sees economy avoiding recession, but risks remain

    03 Dec 2022

    President Joe Biden assured Americans on Friday that the US economy is chugging along in the holiday season, but the very strength of a new jobs report showed that high inflation remains a recession threat.

    Russian oil output could decline

    03 Dec 2022

    Russian oil output could fall by 500,000 to 1 million barrels per day (bpd) early in 2023 after the European Union imposes a ban on seaborne imports from Monday, two sources at major Russian producers said.

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