Oil

imaginima/E+ via Getty Images Crude oil prices have jumped 30% iin the past three months but are not likely to cause a decline in U.S. consumer spending or GDP growth, Goldman Sachs analysts said Monday in a new report. The magnitude of…

(Bloomberg) -- Asian stocks traded in tight ranges Monday and oil rose, while Treasury yields inched higher as investors weighed the Federal Reserve’s higher-for-longer stance.Most Read from BloombergEquity benchmarks in Japan opened flat…

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WTI crude oil futures settle at $90.03, up $0.40 or 0.43%. The high for the day reached $91.33. The low was at $89.31.WTI crude oil trades between retracement levelsBrent crude prices settled at $93.27 down $0.03 or -0.03%For the trading…

Oil has been on a monster run higher with shallow pullbacks easily drawing in buyers along the way. Will the consolidation lead to a pullback and another buying opportunity for the bulls?WTI Crude Oil Futures: 1-hour WTI Crude Oil…

Receive free Markets updatesWe’ll send you a myFT Daily Digest email rounding up the latest Marketsnews every morning.US stocks were mixed on Monday as investors weighed up the latest advance to multi-month highs for crude oil prices and…

© Reuters. FILE PHOTO: Oil tankers sail along Nakhodka Bay near the port city of Nakhodka, Russia August 12, 2022. REUTERS/Tatiana Meel/File Photo By Florence Tan and Sudarshan Varadhan SINGAPORE (Reuters) -Oil prices rose for a…

Summary comments from ANZ on oil, saying that conditions are in place for even higher prices into year end and 2024.On the supply side:Production cuts, led by Saudi Arabia, stabilised the market in July but are now likely to push the market…

HHakim The state of California has sued five major oil companies - Exxon Mobil (XOM), Shell (SHEL), BP (BP), ConocoPhillips (COP) and Chevron (CVX) - claiming their actions have caused billions of dollars in damage and deceived the…

© Reuters. FILE PHOTO: A general view of oil drilling equipment on federal land near Fellows, California, U.S., April 15, 2023. REUTERS/Nichola Groom/File Photo (Reuters) -The state of California has sued major oil companies…