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1. ca.finance.yahoo.com › news › oil-prices-edge-higherOil eases on weak US fuel demand, profit taking

   ca.finance.yahoo.com › news › oil-prices-edge-higher

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   7 hours ago · NEW YORK (Reuters) -Oil prices fell on Friday as investors weighed weak U.S. fuel demand and took some money off the table at quarter-end, while key inflation data for May boosted the chances that the Federal Reserve will start to cut interest rates this year. Brent crude futures for August settlement, which expired on Friday, settled up 2 cents at $86.41 a barrel. U.S. West Texas Intermediate ...

2. energynews.oedigital.com › energy-markets › 2024VEGOILS-Palm oil extends gains; market waits on information

   energynews.oedigital.com › energy-markets › 2024

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   1 day ago · In commodities, oil costs edged greater as large wildfires. were threatening Canada's oil sands and as the market anticipated. U.S. crude oil and gas inventories to show a drawdown later. in the day. U.S. crude was up 0.68% at $78.55 per barrel and. Brent was at $82.87 per barrel, up 0.59%. Spot gold was little altered at $2,356.64 per ounce.

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4. ng.investing.com › news › company-newsUnited States Oil Fund reports monthly financials By ...

   ng.investing.com › news › company-news

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   1 day ago · The United States Oil Fund, LP, which trades under the ticker USO, is listed on the NYSE Arca. It is designed to track the daily price movements of West Texas Intermediate light, sweet crude oil. The fund's performance is closely watched by investors and analysts as an indicator of the commodity's market sentiment and pricing dynamics.

5. finance.yahoo.com › news › asian-stocks-gainS&P 500 Rally Hits a Wall at End of Banner Quarter: Markets Wrap

   finance.yahoo.com › news › asian-stocks-gain

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   1 day ago · West Texas Intermediate crude fell 0.3% to $81.53 a barrel Spot gold fell 0.2% to $2,324.07 an ounce This story was produced with the assistance of Bloomberg Automation.

6. link.springer.com › chapter › 10The EU’s Hard Power Game with Russia: The Case Study of ...

   link.springer.com › chapter › 10

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   4 hours ago · According to the Eurostat, crude oil imports decreased from 8.7 Mt. in Q2 2022 to 1.6 Mt. in Q2 2023 (Eurostat, 2023). Moreover, the EU, the United States, the G-7, and Australia set the price cap on Russian oil at $60 per barrel for crude oil, $45 per barrel for discounted petroleum products, and $100 per barrel for premium petroleum products to sell to other parts of the world (European ...

7. economictimes.indiatimes.com › markets › forexrupee today: Rupee gains 0.1% against US dollar, ends at 83. ...

   economictimes.indiatimes.com › markets › forex

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   10 hours ago · Oil & Energy Natural Gas Crude Oil ... Oil prices were up ahead of the US inflation data and were set for a third weekly gain. Brent was trading at $85.61 per barrel.

8. People also ask

   Why did oil prices rise on Friday?

   • (Reuters) -Oil prices rose in Asian trade on Friday and were poised for a third straight weekly jump, buoyed by growing expectations that the U.S. central bank will soon start to cut interest rates and firm complex refining margins.

   Oil rises on rate cut hopes, higher margins; poised for third weekly gain

   ca.finance.yahoo.com/news/oil-prices-edge-higher-supply-011019839.html

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   Will French oil prices face a risk of short-term profit taking?

   • Oil prices may face the risk of short-term profit taking at the start of next week if first round results of the French legislative election on June 30 show lower public support for a far-right group pushing for a halt to green energy development, he added.

   Oil rises on rate cut hopes, higher margins; poised for third weekly gain

   ca.finance.yahoo.com/news/oil-prices-edge-higher-supply-011019839.html

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   How does the RBI intervene in the oil market?

   • The RBI intervenes in the market periodically via liquidity management, including through the selling of dollars, to prevent a steep fluctuation in the local currency, though it has fallen to record highs intermittently. Oil prices were up ahead of the US inflation data and were set for a third weekly gain. Brent was trading at $85.61 per barrel.

   Rupee gains 0.1% against US dollar, ends at 83.38

   economictimes.indiatimes.com/markets/forex/rupee-gains-0-1-against-us-dollar-ends-at-83-38/articleshow/111348998.cms

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   Could easing interest rates be a boon for oil?

   • Easing interest rates could be a boon for oil as it could increase demand from consumers. A recovery in physical refining margins also buoyed markets, with the Singapore complex refining margins averaging $1 higher in June, from May, at around $3.60 a barrel. "... Heading to 3Q, we expect refining margins to remain around current levels.

   Oil rises on rate cut hopes, higher margins; poised for third weekly gain

   ca.finance.yahoo.com/news/oil-prices-edge-higher-supply-011019839.html

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9. africa.businessinsider.com › markets › stock-marketStock market today: Indexes cap stellar first half of 2024 ...

   africa.businessinsider.com › markets › stock-market

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   1 day ago · West Texas Intermediate crude oil dropped 0.53% to $81.3 a barrel. Brent crude, the international benchmark, ticked 0.18% lower to $84.77 a barrel. Gold slipped 0.12% to $2,326. per ounce. The 10-year Treasury yield jumped 6 basis points to 4.349%. Bitcoin essentially stayed flat at $60,809.21.