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Oil Drops as Traders Assess Weak Chinese Data and OPEC+ Policy

(Bloomberg) -- Oil declined as weak Chinese data raised concerns about demand, and traders looked ahead to an OPEC+ meeting on supply policy.Most Read...

Exxon to Close Pioneer Deal as FTC Forces Out Sheffield

(Bloomberg) -- The U.S. Federal Trade Commission declined to challenge Exxon Mobil Corp.’s purchase of Pioneer Natural Resources Co. for $60 billion, but...

Goldman Sachs predicts substantial decline in U.S. inflation despite market concerns over recent increase

Goldman Sachs still expects stubbornly high U.S. inflation to ease over the coming months, despite investors slashing bets for Federal Reserve interest rate cuts,...

Chances of $100 Oil Increase as Market Faces Supply Shocks

(Bloomberg) -- When oil surged above $90 a barrel just days ago, military tensions between Israel and Iran were the immediate trigger. But...

American Oil Companies Expanding Influence in OPEC+ Countries Globally

(Bloomberg) – One of the main beneficiaries of sanctions on Russian and Venezuelan oil? American suppliers have established themselves in markets once dominated...

US S&P 500 and Nasdaq finish lower; Dow edges higher

The US share market trimmed early losses to finish the session in mixed territory on Monday, 11 March 2024, as investors awaited key...

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