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Tag: Oil

Oil prices hit multi-week highs amid US-China trade talks
Stock Market

Oil prices hit multi-week highs amid US-China trade talks

(Corrects session high for Brent to $67.19, from $67.12, in paragraph 2) By Stephanie Kelly NEW YORK (Reuters) -Oil prices…

nileshsha@hotmail.comJune 10, 2025
Norway’s oil fund calls for urgent reform of European capital markets
Global Economy

Norway’s oil fund calls for urgent reform of European capital markets

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.…

nileshsha@hotmail.comJune 9, 2025
Oil Steady After Weekly Gain With US-China Trade Talks in Focus
Global Economy

Oil Steady After Weekly Gain With US-China Trade Talks in Focus

Oil steadied after after a weekly surge as a renewed round of US-China trade talks offered the potential for reduced…

nileshsha@hotmail.comJune 9, 2025
Oil Poised for Weekly Gain After U.S.-China Trade Talks Resume
Stock Market

Oil Poised for Weekly Gain After U.S.-China Trade Talks Resume

Oil prices dipped in early trading but are on track for a weekly gain of more than 3% after President…

nileshsha@hotmail.comJune 7, 2025
Another Electric Vehicle Benefit: No Motor Oil Leaks
Electric Vehicles

Another Electric Vehicle Benefit: No Motor Oil Leaks

Internal combustion engine and diesel engine vehicles use motor oil, and unfortunately, many such vehicles leak their oil onto driveways,…

nileshsha@hotmail.comJune 6, 2025
India independence leader’s oil portrait to be auctioned in London
Breaking News

India independence leader’s oil portrait to be auctioned in London

Anbarasan Ethirajan South Asia Regional Editor Bonhams The oil portrait of Mahatma Gandhi was painted in the UK in 1931…

nileshsha@hotmail.comJune 5, 2025
Iran Oil Flows to China Fall on Sanctions, Refinery Maintenance
Global Economy

Iran Oil Flows to China Fall on Sanctions, Refinery Maintenance

Iran is shipping less oil to China, as toughening sanctions snarl the OPEC producer’s shipments and refinery demand falls in…

nileshsha@hotmail.comJune 4, 2025
Oil Holds Gains With Focus on US Inventories, Canada Wildfires
Global Economy

Oil Holds Gains With Focus on US Inventories, Canada Wildfires

Oil steadied after two days of gains as a US industry group signaled a decline in nationwide crude inventories and…

nileshsha@hotmail.comJune 4, 2025
Wall Street drifts higher as oil prices jump and US manufacturing slumps
Stock Market

Wall Street drifts higher as oil prices jump and US manufacturing slumps

NEW YORK (AP) — U.S. stock indexes drifted closer to their records on Monday, coming off their stellar May, which…

nileshsha@hotmail.comJune 3, 2025
Brazil Seeks .2 Billion From Oil Industry to Shore Up Finances
Global Economy

Brazil Seeks $6.2 Billion From Oil Industry to Shore Up Finances

Brazil’s energy ministry has proposed measures to raise around 35 billion reais ($6.2 billion) from the oil industry over the…

nileshsha@hotmail.comJune 3, 2025

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