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Oil Confined to Tight Range
Oil trades in tight range ahead of US election result
Oil prices traded in a narrow range on Tuesday ahead of what is expected to be an exceptionally close U.S. presidential election, after rising more than 2% in the previous session as OPEC+ delayed plans to hike production in December.
Oil Confined to Tight Range as Pivotal US Election Holds Sway
Oil went into a holding pattern as investors turned their full focus to the tight US presidential election, after prices jumped on Monday on OPEC+’s supply-curb extension and tensions in the Middle East.
Oil Edges Higher With Focus on China Stimulus, Fed Rates, and U.S. Election
Oil prices were edge higher ahead of the U.S. election after gaining more than 2% in the previous session on OPEC+'s decision to delay output hike plans. In early trade, Brent crude rose 0.4% to $75.37 a barrel,
Aramco, Saudi oil
Saudi Aramco third-quarter profit drops 15%
Saudi oil giant Aramco on Tuesday reported a 15.4% drop in third-quarter profit due to lower crude prices and weaker refining margins but still maintained its generous dividend at $31.1 billion for the quarter.
Saudi Oil Giant Aramco Posts Third-Quarter Profits of $27.5 Billion, Down 15% From a Year Earlier
Saudi Arabian oil giant Aramco has reported third-quarter profits of $27.5 billion, down about 15% from last year as low oil prices ate into its revenues
Saudi oil giant Aramco third-quarter profits fall 15% on lower oil prices, dividend unchanged
Saudi Arabian oil giant Aramco reported third-quarter profits of $27.5 billion on Tuesday, down about 15% from last year as low oil prices ate into its revenues.
2h
Shale Turns Up Heat on OPEC as Big Oil Opens Its US Taps
US shale producers are turning up the heat on OPEC again — but this time the cartel’s adversaries aren’t a bunch of ...
Reuters on MSN
6h
India HPCL plans to buy 43% more Iraqi oil in 2025, company source says
HPCL has an annual deal to buy 70,000 bpd Iraqi
oil
in 2024, the source added. The company's crude
oil
imports would rise ...
1d
With Oil Prices Weak, OPEC Plus Postpones Increases Again
Saudi Arabia, which leads the group, appears wary of unsettling markets just before the U.S. presidential election on Tuesday ...
3h
Can the No. 1 Oil Producer Lead the Way on Climate? The US Is Trying It
The latest in American exceptionalism is exporting 50% more oil than Saudi Arabia while trying to prod the world towards net ...
1d
on MSN
Oil Gains as OPEC+ Further Delays Output Hike
Oil prices rose after OPEC and its allies pushed back a planned production increase by a month, signaling caution amid ...
Crude Oil Prices
20h
TotalEnergies: Oil Demand Will Peak After 2030
French oil and gas giant TotalEnergies has predicted that global oil demand will peak after 2030 in its most likely scenarios ...
14h
on MSN
South Korea Weighs Buying More US Oil and Gas If Trump Wins
South Korea is considering a plan to boost energy imports from the US if Donald Trump wins the election and steps up pressure ...
The Associated Press - Business News on MSN
1d
OPEC extends its oil output cuts by one month until the end of December
Saudi Arabia and allied oil producing countries say they will postpone a plan to gradually increase oil output until the end ...
Investopedia on MSN
1d
Crude Oil Futures Gain as OPEC+ Extends Output Cuts
Crude
oil
futures are rising Monday after the Organization of the Petroleum Exporting Countries and its allies (OPEC+) on Sunday extended their output cuts by one month. Saudi Arabia and other ...
Consumer Reports on MSN
2d
Should You Use Synthetic Oil in Your Car?
Synthetic
oil
used to be something only performance cars needed, but not anymore. Now it’s the manufacturer-recommended ...
15h
Canada Proposes Sharp Cut in Oil and Gas Sector Emissions by 2030
Oil and gas is Canada's highest-polluting industry and its emissions continue to rise, undercutting progress in many other ...
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