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5 hours ago · An increase in OPEC crude output is negative for oil prices. OPEC May crude production rose +60,000 bpd to 26.96 million bpd, a 5-month high. An increase in crude oil in floating storage is ...
3 hours ago · The August crude oil contract was down 20 cents at US$81.54 per barrel and the August natural gas contract was down eight cents at US$2.60 per mmBTU. The August gold contract was up $3 at US$2,339.60 an ounce and the September copper contract was up four cents at US$4.39 a pound. This report by The Canadian Press was first published June 28, 2024.
1 day ago · The EIA noted that US Crude Oil production hit fresh highs in April. West Texas Intermediate (WTI) rallied into a fresh eight-week high on Friday as broad-market risk appetite stepped higher, but investor sentiment moderated during the US market session, dragging Crude Oil prices into a fresh low for the day.
1 day ago · TORONTO — Canada's main stock index closed lower Friday on broad-based losses, while U.S. stock markets also closed down despite earlier gains. ... The August crude oil contract was down 20 ...
5 hours ago · UK GDP Grows Faster than Anticpated in Q1. By City A.M - Jun 28, 2024, 2:00 PM CDT. The UK economy grew by 0.7 per cent between January and March, a far stronger figure than the 0.6 per cent ...
5 hours ago · The UK economy grew by 0.7 per cent between January and March, a far stronger figure than the 0.6 per cent previously estimated, the Office for National Statistics has said in revised figures. This is the fastest pace since 2021 and the highest of any G7 countries.
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1 day ago · Weakerthanexpected revenues at Brazil's staterun oil firm Petrobras drew criticism on Tuesday from market groups of a pricing policy that has kept fuel costs in Brazil more steady than in the international market for much of the previous year. Petrobras shares traded about 1.4% lower in Tuesday trading after the company reported a 38% drop in its first-quarter outcomes to 23.9 billion reais ...
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