Latest News for: Oil price

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Oil Prices Set for Another Weekly Loss

Oil Price 03 May 2024
Crude oil prices inched up earlier today but remained on course for yet another weekly loss after the ...
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Oil prices head for steepest weekly drop in three months; markets brace for US jobs ...

The Guardian 03 May 2024
The oil price is on track for its biggest weekly losses in ...
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US greenlights Exxon-Pioneer deal, alleges shale founder colluded with OPEC

Natural Gas World 03 May 2024
regulators gave the go-ahead on Thursday to Exxon Mobil's $60 billion purchase of Pioneer Natural Resources, but barred Pioneer's former CEO from Exxon's board on allegations he attempted to collude with OPEC to raise oil prices.
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Sanctions notwithstanding, India’s Russian oil imports surge as Moscow pushes more oil overseas

Financial Express 03 May 2024
India\u2019s Russian oil imports jumped to a ... As the world\u2019s third-largest consumer of crude oil with a high import dependency level of over 85 per cent, India is extremely sensitive to oil prices.
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US greenlights Exxon-Pioneer agreement, alleges shale founder colluded with OPEC

The Daily Herald - St Maarten 03 May 2024
regulators gave the go-ahead on Thursday to Exxon Mobil's $60 billion purchase of Pioneer Natural Resources, but barred Pioneer's former CEO from Exxon's board on allegations he attempted to collude with OPEC to raise oil prices.
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Oil set for steepest weekly losses in three months

Business Day 03 May 2024
Singapore — Oil prices edged up on Friday on the prospect of Opec+ continuing output cuts, but the crude benchmarks were headed for the steepest weekly losses in three months on demand uncertainty and ...
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STRONG DEMAND FROM INDIA IN APRIL LIFTS CPO FUTURES HIGHER AT CLOSE

Malaysian National News Agency 03 May 2024
... of vegetable oils, and higher purchases in April are probably due to seasonally stronger demand and lower palm oil prices.
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Korea launches pan-gov't task force on price inflation of everyday items

Korea Times 03 May 2024
The launch of the new entity came as inflationary pressure in South Korea remains high due mainly to high prices of fruits and other farm produce, as well as energy, amid unfavorable weather conditions and volatility in global oil prices.
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Oil Rebounds After Recent Sharp Selloff

Wall Street Journal 03 May 2024
Oil prices rebound in early Asian trade after an overall bearish week for the oil market. .
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Exxon Mobil deal with Pioneer gets FTC nod, but former Pioneer CEO Scott Sheffield barred ...

Wtop 03 May 2024
The FTC said Thursday that Scott Sheffield, who founded Pioneer in 1997, colluded with OPEC and OPEC+ to potentially raise crude oil prices ... and global oil markets and misreads the nature and intent of Mr.
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London can’t let Shell slip away

The Times/The Sunday Times 03 May 2024
It’s a while since anyone could say that of the oil group ... His predecessor Ben van Beurden had had a rollercoaster gig, yo-yoing between Covid oil price lows and the highs after Putin’s assault on Ukraine ... .
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Consumers ‘waiting until last minute’ for Easter shopping

CyprusMail 03 May 2024
He then turned his attention to pricing, saying that while the prices of some products have notably increased, others have decreased ... Among those increases is the price of olive oil, which has increased by 105.9 per cent since last Easter.
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Inflation falls to two-year low at 17.3pc in April

The News International 03 May 2024
Conversely, cooking oil prices decreased by 21 percent, vegetable ghee 17.8pc, mustard oil by 15.4pc, fresh fruits by 13.9pc, wheat 11pc, wheat flour by 4.7pc, eggs by 3.6pc and gram whole by 0.4 percent over the same month prices of last year.
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Indian stock market: 6 key things that changed for market overnight - Gift Nifty, Apple earnings to US jobless claims

Live Mint 03 May 2024
DoorDash stock price fell 10.3%, Etsy ... Economists polled by Reuters had forecast 212,000 claims in the latest week.Oil PricesCrude oil prices gained on the prospect of OPEC continuing output cuts.
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