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Oil prices were largely rangebound through much of May but have come under pressure in recent days. There are growing signs of weakness in the physical oil market, which prevented ...
US May non-farm payrolls came in at 272k versus the 180k consensus and higher than any of the 77 forecasts submitted to Bloomberg – the range was 120-258k. Private payrolls rose ...
The US Strategic Petroleum Reserve (SPR) was not designed to turn a profit. It was established after the first oil shock of 1973-74 to protect the US economy from disruptions in ...
U.S. natural gas futures edged up about 1% to a two-week high on Friday on recent declines in daily output and forecasts power generators will burn a lot more gas in late June to ...
The number of oil rigs in the United States stood at 492 in the week ending June 7, decreasing by four compared to the previous week, according to the Baker Hughes weekly rig ...
Two years ago, we started to raise key interest rates because inflation was too fast. Now the situation is better. Although prices continue to rise, especially in the service ...