Trending News: Factors Driving Exchange RatesHow Central Bank Digital Currencies Could Transform Payments?The Essential Guide to Currency Pairs for Confident Forex TradingWeekly Focus: Czechia Will not Regulate Prop Demo Accounts, Saxo Exits Hong Kong, and MoreOil settles up, biggest weekly gains in over a year on Middle East war riskIG Australia Teams Up with Western Chances to Fund Youth Educational InitiativesStrong jobs report propels dollar to best week since 2022Airstrikes launched on several parts of Yemen, Houthi Al Masirah TV saysOil set for biggest weekly gains in two years on Middle East war riskForex Market Insights: Enhance Your Currency Trading KnowledgeRiver level at Amazon rainforest port hits 122-year low amid droughtAirstrikes launched on Yemen’s Sanaa and Hodeidah, Houthi Al Masirah TV saysUS Supreme Court declines to pause EPA mercury, methane rulesForeign Exchange Reserves: Key to Economic StabilityUS-British strikes launched on Yemen’s Sanaa and Hodeidah, Houthi Al Masirah TV saysNearly half of Cuba without power as blackouts deepenAzerbaijan rejects ‘disgusting’ US human rights criticism before COP29Oil prices set for 9% weekly gains on threat of wider war in the Middle EastUS Supreme Court to hear nuclear waste storage disputeCrude oil higher; on track for hefty weekly gainsEmployee at Russian-controlled nuclear plant killed by Ukraine in car bomb attackXAU/USD: Elliott wave analysis and forecast for 04.10.24 – 11.10.24WTI Crude Oil: Elliott wave analysis and forecast for 04.10.24 – 11.10.24More dollar weakness likely, despite gains – UBSGold Achieves Strongest Quarter in 8 Years: Geopolitics and China’s Stimulus Fuel SurgeUSD/JPY: Elliott wave analysis and forecast for 04.10.24 – 11.10.24Oil prices set for 10% weekly rise as Middle East tensions heat upGBP/USD: Elliott wave analysis and forecast for 04.10.24 – 11.10.24UBS sees limited USD gains amid global eventsEUR/USD: Elliott wave analysis and forecast for 04.10.24 – 11.10.24Oil Breaks the Trend. Forecast as of 04.10.2024USD/CHF: Elliott wave analysis and forecast for 04.10.24 – 11.10.24Morning Bid: Jobs and oil dominate as ports strike endsUSD/СAD: Elliott wave analysis and forecast for 04.10.24 – 11.10.24Employee at Russia-controlled nuclear plant killed in car bomb, say investigatorsKremlin accuses Ukraine of ‘playing with fire’ after reported attack near Kursk nuclear plantOil prices climb as Middle East conflict counters ample supply outlookDollar on track for hefty weekly gains ahead of payrollsShort-term Analysis for Oil, Gold, and EURUSD for 04.10.2024Oil prices flat as Middle East conflict counters ample supply outlookShort-term Analysis for BTCUSD, XRPUSD, and ETHUSD for 04.10.2024US Dollar Rises from Ashes. Forecast as of 04.10.2024Oil prices little changed as Middle East conflict, ample supply outlook weighOil edges up on Middle East conflict but supply outlook limits gainsBiden declines public negotiation on Israel’s stance on Iranian oil sitesIndia, US sign pact to cooperate on critical battery mineral supply chainsExxon Mobil expects 3rd-quarter earnings were hit by lower oil pricesExxon Mobil signals fall in third-quarter upstream earningsExxon Mobil signals fall in third-quarter oil and gas earningsAnalysis-Dollar bears eye shifts in global yields, growth to play further weaknessNatural gas prices on red-hot streak as bulls eye easing glut, higher demand: RBCIndia, US to cooperate on critical battery minerals, trade minister saysBelgian Financial Watchdog Flags Seven Firms Engaging in “Recovery Room Fraud”Belgian Financial Watchdog Flags Seven Firms Engaging in “Recovery Room Fraud”Oil jumps over $3 a barrel as Middle East conflict stokes supply worryExclusive-Spain calls for compromise with China ahead of EU vote on EV tariffsRevolut Urges Meta to Compensate Fraud Victims on Its Social Media Platforms: ReportThe Hidden Dangers of Short Selling You Can’t Afford to IgnoreOil gains near-5% as Middle East conflict stokes supply concernsCapital Daily sees further GBP decline amid BoE policy stanceOil gains near-4% on supply concerns as Middle East conflict intensifiesRussia intercepts drone near Kursk, no damage to nuclear plant, governor saysMetaTrader 5 Update Build 4585 is Set for Release: Key Fixes for MQL5 Program StabilityMetaTrader 5 Update Build 4585 is Set for Release: Key Fixes for MQL5 Program StabilityMetaTrader 5 Update Build 4585 is Set for Release: New Hotkey and Bug FixesMetaTrader 5 Update Build 4380 is Set for Release: New Hotkey and Bug FixesThe End of Fiat Money? Signs of a Shifting Economic LandscapeeToro UK’s 2023 Net Income Drops 15% as Trading Commissions DeclineeToro’s 2023 Net Income Drops 15% as Trading Commissions DeclineATFX Launches MetaTrader 5 to Boost Trading SolutionsExclusive-Gulf states sought to reassure Iran of their neutrality in Iran-Israel conflict, sources sayNeex Signs On with FinCom as Approved Broker Member for Dispute ResolutioneToro’s 2023 Net Income Falls 15% as Trading Commissions DeclineOANDA Europe Reports £16.3 Million Turnover, Net Profit Drops to £127.8KCrude oil rises on Middle East supply disruption concernsOil jumps 2% on Middle East supply fearsSpanish olive oil hit by US ports strike, no alternative routes seenGBP to AUD Forecast for 2024, 2025-2030 and BeyondPrepare for attack, with best regards: Houthis issue email alert to shipping fleetsOil jumps about 2% on Middle East supply fearsStarling Bank Faces £29 Million Fine from FCA over Financial CrimeStarling Bank Faces £28.9 Million Fine from FCA over Financial CrimeNAGA’s Unified Website Delivers Integrated Trading, Investing, and Crypto ToolsPound Plunges as Risk Appetite Declines. Forecast as of 03.10.2024US funds four power grid projects with $1.5 billionMorning Bid: Dollar surges as European, Japan hawks cooPolish KNF Revokes Conotoxia’s Payment Services LicenseCentroid Integrates Scope Prime’s Liquidity Pools through API ConnectionOil climbs on conflict concerns but ample supply caps gainsGold rally likely to ease further – HSBCDollar strengthens ahead of key payrolls release; Middle East turmoil helpsHouthis warn shipowners in new phase of Red Sea campaign: Prepare to be attackedOPEC+ could cushion Iran oil shock but not broader disruptionDXtrade Partners with Finalto to Boost Liquidity Services for BrokersShort-term Analysis for Oil, Gold, and EURUSD for 03.10.2024Interactive Brokers Expands Research Offerings with Acuity Trading PartnershipShort-term Analysis for BTCUSD, XRPUSD, and ETHUSD for 03.10.2024Oil climbs on prospects of wider MidEast war, ample supply caps gainsUS Dollar Rising on Robust US Jobs Data. Forecast as of 03.10.2024Share Your Expertise: Shape the Future of Global Cross-Border Payments
Sun. Oct 6th, 2024
Trending News: Factors Driving Exchange RatesHow Central Bank Digital Currencies Could Transform Payments?The Essential Guide to Currency Pairs for Confident Forex TradingWeekly Focus: Czechia Will not Regulate Prop Demo Accounts, Saxo Exits Hong Kong, and MoreOil settles up, biggest weekly gains in over a year on Middle East war riskIG Australia Teams Up with Western Chances to Fund Youth Educational InitiativesStrong jobs report propels dollar to best week since 2022Airstrikes launched on several parts of Yemen, Houthi Al Masirah TV saysOil set for biggest weekly gains in two years on Middle East war riskForex Market Insights: Enhance Your Currency Trading KnowledgeRiver level at Amazon rainforest port hits 122-year low amid droughtAirstrikes launched on Yemen’s Sanaa and Hodeidah, Houthi Al Masirah TV saysUS Supreme Court declines to pause EPA mercury, methane rulesForeign Exchange Reserves: Key to Economic StabilityUS-British strikes launched on Yemen’s Sanaa and Hodeidah, Houthi Al Masirah TV saysNearly half of Cuba without power as blackouts deepenAzerbaijan rejects ‘disgusting’ US human rights criticism before COP29Oil prices set for 9% weekly gains on threat of wider war in the Middle EastUS Supreme Court to hear nuclear waste storage disputeCrude oil higher; on track for hefty weekly gainsEmployee at Russian-controlled nuclear plant killed by Ukraine in car bomb attackXAU/USD: Elliott wave analysis and forecast for 04.10.24 – 11.10.24WTI Crude Oil: Elliott wave analysis and forecast for 04.10.24 – 11.10.24More dollar weakness likely, despite gains – UBSGold Achieves Strongest Quarter in 8 Years: Geopolitics and China’s Stimulus Fuel SurgeUSD/JPY: Elliott wave analysis and forecast for 04.10.24 – 11.10.24Oil prices set for 10% weekly rise as Middle East tensions heat upGBP/USD: Elliott wave analysis and forecast for 04.10.24 – 11.10.24UBS sees limited USD gains amid global eventsEUR/USD: Elliott wave analysis and forecast for 04.10.24 – 11.10.24Oil Breaks the Trend. Forecast as of 04.10.2024USD/CHF: Elliott wave analysis and forecast for 04.10.24 – 11.10.24Morning Bid: Jobs and oil dominate as ports strike endsUSD/СAD: Elliott wave analysis and forecast for 04.10.24 – 11.10.24Employee at Russia-controlled nuclear plant killed in car bomb, say investigatorsKremlin accuses Ukraine of ‘playing with fire’ after reported attack near Kursk nuclear plantOil prices climb as Middle East conflict counters ample supply outlookDollar on track for hefty weekly gains ahead of payrollsShort-term Analysis for Oil, Gold, and EURUSD for 04.10.2024Oil prices flat as Middle East conflict counters ample supply outlookShort-term Analysis for BTCUSD, XRPUSD, and ETHUSD for 04.10.2024US Dollar Rises from Ashes. Forecast as of 04.10.2024Oil prices little changed as Middle East conflict, ample supply outlook weighOil edges up on Middle East conflict but supply outlook limits gainsBiden declines public negotiation on Israel’s stance on Iranian oil sitesIndia, US sign pact to cooperate on critical battery mineral supply chainsExxon Mobil expects 3rd-quarter earnings were hit by lower oil pricesExxon Mobil signals fall in third-quarter upstream earningsExxon Mobil signals fall in third-quarter oil and gas earningsAnalysis-Dollar bears eye shifts in global yields, growth to play further weaknessNatural gas prices on red-hot streak as bulls eye easing glut, higher demand: RBCIndia, US to cooperate on critical battery minerals, trade minister saysBelgian Financial Watchdog Flags Seven Firms Engaging in “Recovery Room Fraud”Belgian Financial Watchdog Flags Seven Firms Engaging in “Recovery Room Fraud”Oil jumps over $3 a barrel as Middle East conflict stokes supply worryExclusive-Spain calls for compromise with China ahead of EU vote on EV tariffsRevolut Urges Meta to Compensate Fraud Victims on Its Social Media Platforms: ReportThe Hidden Dangers of Short Selling You Can’t Afford to IgnoreOil gains near-5% as Middle East conflict stokes supply concernsCapital Daily sees further GBP decline amid BoE policy stanceOil gains near-4% on supply concerns as Middle East conflict intensifiesRussia intercepts drone near Kursk, no damage to nuclear plant, governor saysMetaTrader 5 Update Build 4585 is Set for Release: Key Fixes for MQL5 Program StabilityMetaTrader 5 Update Build 4585 is Set for Release: Key Fixes for MQL5 Program StabilityMetaTrader 5 Update Build 4585 is Set for Release: New Hotkey and Bug FixesMetaTrader 5 Update Build 4380 is Set for Release: New Hotkey and Bug FixesThe End of Fiat Money? Signs of a Shifting Economic LandscapeeToro UK’s 2023 Net Income Drops 15% as Trading Commissions DeclineeToro’s 2023 Net Income Drops 15% as Trading Commissions DeclineATFX Launches MetaTrader 5 to Boost Trading SolutionsExclusive-Gulf states sought to reassure Iran of their neutrality in Iran-Israel conflict, sources sayNeex Signs On with FinCom as Approved Broker Member for Dispute ResolutioneToro’s 2023 Net Income Falls 15% as Trading Commissions DeclineOANDA Europe Reports £16.3 Million Turnover, Net Profit Drops to £127.8KCrude oil rises on Middle East supply disruption concernsOil jumps 2% on Middle East supply fearsSpanish olive oil hit by US ports strike, no alternative routes seenGBP to AUD Forecast for 2024, 2025-2030 and BeyondPrepare for attack, with best regards: Houthis issue email alert to shipping fleetsOil jumps about 2% on Middle East supply fearsStarling Bank Faces £29 Million Fine from FCA over Financial CrimeStarling Bank Faces £28.9 Million Fine from FCA over Financial CrimeNAGA’s Unified Website Delivers Integrated Trading, Investing, and Crypto ToolsPound Plunges as Risk Appetite Declines. Forecast as of 03.10.2024US funds four power grid projects with $1.5 billionMorning Bid: Dollar surges as European, Japan hawks cooPolish KNF Revokes Conotoxia’s Payment Services LicenseCentroid Integrates Scope Prime’s Liquidity Pools through API ConnectionOil climbs on conflict concerns but ample supply caps gainsGold rally likely to ease further – HSBCDollar strengthens ahead of key payrolls release; Middle East turmoil helpsHouthis warn shipowners in new phase of Red Sea campaign: Prepare to be attackedOPEC+ could cushion Iran oil shock but not broader disruptionDXtrade Partners with Finalto to Boost Liquidity Services for BrokersShort-term Analysis for Oil, Gold, and EURUSD for 03.10.2024Interactive Brokers Expands Research Offerings with Acuity Trading PartnershipShort-term Analysis for BTCUSD, XRPUSD, and ETHUSD for 03.10.2024Oil climbs on prospects of wider MidEast war, ample supply caps gainsUS Dollar Rising on Robust US Jobs Data. Forecast as of 03.10.2024Share Your Expertise: Shape the Future of Global Cross-Border Payments
Sun. Oct 6th, 2024

US buys 6 million barrels of oil for Strategic Petroleum Reserve

WASHINGTON (Reuters) – The U.S. has bought 6 million barrels of oil for the Strategic Petroleum Reserve for delivery through May of 2025, the Department of Energy said on Monday.

The purchases are part of an effort to replenish after President Joe Biden ordered the largest ever sale from the reserve in 2022 of 180 million barrels in an effort to control fuel prices following Russia’s invasion of Ukraine.

This post is originally published on INVESTING.

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