Marine fuel sales at Singapore bunker hub hit record highs in 2024
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Oil prices extend rally on soft US inflation, concerns of tightening global supply
Investing.com– Oil prices rose in Asian trade on Thursday after hitting multi-month peaks in the previous session, driven by a combination of softer U.S. inflation data, new sanctions on Russian…
Oil rises as US inventory declines heighten supply concerns
(Reuters) – Oil prices rose for a second day on Thursday after a larger-than-expected decline in U.S. crude oil stockpiles added to supply concerns stoked by U.S. sanctions against Russian…
Column-China response key to crude oil after new sanctions on Russia: Russell
By Clyde Russell LAUNCESTON, Australia (Reuters) – “This time it’s different” is a well-worn cliché that seems to be getting another whirl with the latest U.S. sanctions against Russia’s crude…
Dollar ends session weaker as inflation eases; yen firms on BOJ talk
By Laura Matthews NEW YORK (Reuters) -The dollar pared some losses against major peers on Wednesday but stayed weaker as cooler-than-expected data eased fears that inflation was accelerating and increased…
Oil rallies, settles at multi-month high on US crude draw, Russia sanctions
By Nicole Jao (Reuters) -Oil prices rose more than 2% on Wednesday, supported by a large draw in U.S. crude stockpiles and potential supply disruptions caused by new U.S. sanctions…
Macquarie sees oil momentum as tighter sanctions drive price rally
Investing.com — Oil prices started 2025 on a bullish note, with Brent crude breaking out of its late-2024 trading range and hitting its highest level since August last year, supported by…
Oil rises on US crude draw, Russia sanctions; Gaza ceasefire deal caps gains
By Nicole Jao (Reuters) -Oil prices rose more than 2% on Wednesday, supported by a large draw in U.S. crude stockpiles and potential supply disruptions caused by new U.S. sanctions…
Beacon Roofing rejects QXO’s $11 billion takeover offer
By Anshuman Tripathy (Reuters) -Beacon Roofing Supply on Wednesday rejected a $11 billion takeover offer from QXO, a new player in the building products distribution industry, saying its proposal “significantly…
Oil rises on large draw from US crude stocks, Russia sanctions impact; Gaza ceasefire deal capped gains
By Nicole Jao (Reuters) -Oil prices rose about 2% on Wednesday on a large draw in U.S. crude stockpiles and potential supply disruptions from new U.S. sanctions on Russia, while…
