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Brent Oil - Oil rises 2% as recession fears recede
Brent crude was up 2% at $59.48 a barrel at 0924 ... In July, OPEC+ agreed to extend oil output cuts until March 2020 to prop up prices. “At what point will further output cuts be needed at ...
Oil rises more than 1% as recession fears recede
Brent crude LCOc1 was up 68 cents ... prompting a sell-off in stocks and crude oil. An inverted Treasury yield curve is historically a reliable predictor of looming recessions.
Trump’s Oil Sanctions Leave Russian Exporters $1 Billion Richer
Russian oil companies received at least $905 million in additional revenues between November and July, data compiled by Bloomberg show. The calculation is based on difference between the Urals spread ...
Oil Set for Gain as Trade War Whipsaws Market
Oil has swung between gains and losses this month as concerns ... The contract is up 1.1% this week. Brent for October settlement added 59 cents, or 1%, to $58.82 on the ICE Futures Europe Exchange, ...
Oil rises as U.S. retail sales ease recession fears
Brent crude LCOc1 was up 52 cents ... for the first time since June 2007 prompting a sell-off in stocks and crude oil. An inverted Treasury yield curve is historically a reliable predictor ...