Author name: David Ryabchikov

Asian shares slide as Russia-Ukraine conflict, OPEC+ output plan push oil prices higher

Asian shares slide as Russia-Ukraine conflict, OPEC+ output plan push oil prices higher

HONG KONG — Global shares sank on Monday and oil prices jumped as trade tensions and the Russian-Ukraine conflict ratcheted up geopolitical uncertainty. The future for the S&P 500 lost 0.5% while that for the Dow Jones Industrial Average gave up 0.4%. Germany’s DAX retreated 0.4% to 23,891.11 and the CAC 40 in Paris declined […]

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Brent Slides Below $64 as Trump and OPEC+ Rattle Crude Markets

Brent Slides Below $64 as Trump and OPEC+ Rattle Crude Markets

A turbulent week for global energy markets saw oil prices slide amid OPEC+ uncertainty and escalating U.S.-China tensions. The double whammy of OPEC+’s unpredictability and Donald Trump’s heated rhetoric over China ‘totally violating its agreement’ with the US put oil prices under renewed pressure, sending ICE Brent slightly below $64 per barrel with WTI balancing

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Ahead of Market: 10 things that will decide stock market action on Friday

Ahead of Market: 10 things that will decide stock market action on Friday

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Prepared for $65 per barrel crude oil price range for FY26: OIL CMD Rath

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Saudi Arabia may cut July oil prices to Asia amid OPEC+ supply surge: Report

Saudi Arabia may cut July oil prices to Asia amid OPEC+ supply surge: Report

Oil refiners expect Saudi Arabia may cut its crude prices for Asian buyers in July to the lowest in six months. They base their expectations on tracking losses in benchmark prices driven by rising supply from OPEC+. The July official selling price (OSP) for flagship Arab Light crude may drop by 40 to 50 cents

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