Oil prices settle higher, but gains capped by surprise inventory build, dollar

Investing.com– Oil prices settled slightly higher Wednesday, though gains were capped by unexpected build in U.S. inventories and a stronger dollar. At 14:30 ET (18:30 GMT), Brent oil futures rose 0.28%…

Republican state AGs challenge new US fuel economy rules

WASHINGTON (Reuters) – A group of 26 state attorneys general led by West Virginia and Kentucky on Wednesday challenged the Biden administration’s new fuel economy rules, calling the requirements unworkable…

Oil edges higher as global supply risks offset US demand concerns

By Shariq Khan NEW YORK (Reuters) -Oil prices rose about 1% on Wednesday despite a surprise jump in U.S. gasoline supplies, as investors worried that a potential expansion of the…

Complex bids could extend Citgo auction evaluation, sources say

By Marianna Parraga and Gary McWilliams HOUSTON (Reuters) -A U.S. federal court will likely extend a period for reviewing bids submitted in an auction of shares in the parent of…

Exclusive-Complex bids could extend Citgo auction evaluation, sources say

By Marianna Parraga and Gary McWilliams HOUSTON (Reuters) – A U.S. federal court will likely extend a period for reviewing bids submitted in an auction of shares in the parent…

Oil falls after jump in U.S. inventories raises demand concerns

By Arunima Kumar and Robert Harvey LONDON (Reuters) -Oil prices were stable on Wednesday at around $85 a barrel for Brent crude, amid forecasts for an eventual inventory drawdown during…

Yen tumbles to 38-year low vs dollar as likely Japan intervention looms

By Gertrude Chavez-Dreyfuss and Harry Robertson NEW YORK/LONDON (Reuters) – The yen dropped to its lowest against the U.S. dollar since late 1986 on Wednesday, amid a wide interest rate…

OMG Network Price Prediction for 2024, 2025, 2026-2030 and Beyond

The OMG Network, originally known as OmiseGo, is a pioneering scalability solution for the Ethereum blockchain, designed to enable faster and more cost-effective transactions. Launched with much anticipation, the project…

Oil prices hold steady on inventory outlook, Middle East risks

By Arunima Kumar and Robert Harvey LONDON (Reuters) -Oil prices were stable on Wednesday at around $85 a barrel for Brent crude, amid forecasts for an eventual inventory drawdown during…

Oil edges higher on inventory drawdown outlook, Middle East risks

By Alex Lawler and Arunima Kumar LONDON (Reuters) -Oil prices inched up on Wednesday nearing their highest level in almost two months, driven by forecasts for an eventual inventory drawdown…