Oil futures steady Thursday after a two-day rout that sent the U.S. benchmark below $100 a barrel and into a bear market.
Oil futures steadied Thursday after a two-day rout fueled by recession fears that sent the U.S. benchmark below $100 a barrel and into a bear market.
“Oil... Oil futures steadied Thursday after a two-day rout fueled by recession fears that sent the U.S. benchmark below $100 a barrel and into a bear market.
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Brent crude oil price falls below $100 for first time since AprilOil prices fell Wednesday to a 12-week low, with futures for Brent crude trading below $100 a barrel for the first time since April as fears of a global recession weigh on prices.
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U.S. oil benchmark ticks back above $100 a barrel after Tuesday routOil futures edge higher as supply worries move into focus after a Tuesday rout that drove the U.S. crude benchmark below the $100-a-barrel threshold.
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Later-dated Brent crude contracts trade below $100/bblBrent crude futures for delivery in November on Tuesday traded below $100 per barrel for the first time since mid-May, according to Refinitiv Eikon data, highlighting a market structure that signals a tight oil market in the short term.
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Gas prices in Houston area and across the nation plummet, saving Americans an estimated $100 millionThe decline is saving Americans an estimated $100 milllion from what they were spending...
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Canada-Newfoundland oil regulator charges Exxon-owned Hibernia for 2019 oil spillA Canadian oil regulator on Tuesday said it has charged Hibernia, an offshore oil company owned by Exxon Mobil Corp , Chevron Corp and Suncor Energy , over a 2019 oil spill.
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Crude Oil Latest – Increased Recession Fears Weigh Down on OilThe wave of US dollar buying on Tuesday caught many market participants unaware and sent a wide range of asset markets to multi-month and multi-year extremes. Get your market update from nickcawley1 here:
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