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Surging oil prices power stock rally as investors look past grim jobs numbers

West Texas intermediate crude, the U.S. benchmark, shot up 31 percent days after hitting historic lows earlier in the week......»»

Category: smallbizSource: nytApr 23rd, 2020

U.S. stocks climb as oil prices surge and despite bleak jobs numbers

West Texas intermediate crude, the U.S. benchmark, shot up nearly 24 percent after trading below zero earlier in the week......»»

Category: worldSource: nytApr 23rd, 2020

Cryptos Are Getting Clubbed But "Whale" Numbers Soar Mirroring 2016 "Halving"

Cr.....»»

Category: blogSource: zerohedgeApr 10th, 2020

Crude Crashes Over 10% After OPEC+ Meeting Delays

Crude Crashes Over 10% After OPEC+ Meeting Delays Crude prices are plunging early in Asian trading with Brent down 12% following a delay to the much-hoped-for OPEC+ meeting (due tomorrow, Monday, b.....»»

Category: blogSource: zerohedgeApr 5th, 2020

Oil ends lower after U.S. crude stockpiles jump, gasoline demand sinks

Oil prices fell on Wednesday after U.S. crude inventories rose last week by the most since 2016, while gasoline demand suffered its biggest weekly drop ever due to the coronavirus pandemic......»»

Category: topSource: reutersApr 1st, 2020

Oil benchmarks mixed after U.S. gasoline, crude stocks jump

Brent crude fell while U.S. futures dipped before recovering on Wednesday, after U.S. crude inventories rose last week by the most since 2016, while gasoline demand fell sharply due to the coronavirus pandemic......»»

Category: topSource: reutersApr 1st, 2020

WTI Tumbles To $19 Handle After Biggest Crude Build Since 2016

WTI Tumbles To $19 Handle After Biggest Crude Build Since 2016 After its worst quarter ever, as COVID-19 lockdowns crushed demand, raising fears about ove.....»»

Category: blogSource: zerohedgeApr 1st, 2020

Saudi Arabia flooding market with oil, prompting predictions of further decline Monday

Analysts expect West Texas Intermediate Crude to fall into the $30s – perhaps deeply into the $30s – when markets open Monday, levels not seen since 2016......»»

Category: smallbizSource: nytMar 8th, 2020

Magic Johnson paid tribute to Kobe Bryant with both of his jersey numbers. Here is the meaning behind each one.

Thearon W. Henderson/Getty Images Kobe Bryant is the only player in NBA history to have two numbers retired by the same team. He retired in 2016 and his Los Angeles Lakers jerseys were sent into the rafters at Staples Center in.....»»

Category: topSource: businessinsiderJan 26th, 2020

Futures Movers: Oil logs biggest yearly gain since 2016

Oil futures slump Tuesday, set to end the strongest year for crude since 2016 on a down note......»»

Category: topSource: marketwatchDec 31st, 2019

Oil on track for best year since 2016 as US stockpiles shrink

Oil is on track for the biggest yearly gain since 2016 as declining U.S. crude stockpiles eased oversupply concerns, and heightened geopolitical risk gave the commodity a boost......»»

Category: topSource: moneycentralDec 30th, 2019

Oil prices fall a second day ahead of U.S. stockpile numbers

Oil prices fell for a second day on Tuesday as investors awaited U.S. crude inventory data for more insight into oil demand trends, while concerns about economic growth overshadowed signs of a thawing in the trade war between Washington and Beijing......»»

Category: topSource: reutersOct 29th, 2019

Oil prices edge lower ahead of U.S. stockpile numbers

Oil prices slipped on Tuesday as investors awaited U.S. crude inventory data for a pointer on oil demand trends, while concerns about slower economic growth overshadowed signs of a thawing in the trade war between Washington and Beijing......»»

Category: topSource: reutersOct 29th, 2019

Slowing Growth In U.S. Crude Production Could Hit Tanker Rates

When the U.S. lifted its crude oil export restrictions in December 2016, it completely changed the landscape for the global tanker industry, creating a major new source of seaborne cargo. Tanker operators' focus on U.S. read more.....»»

Category: blogSource: benzingaJul 22nd, 2019

North Dakota Oil Production Holds Stable Near Record Mark

The newest numbers showed that daily crude output remained above one million barr.....»»

Category: smallbizSource: nytJul 18th, 2019

Oil jumps near $60 on biggest US stockpile drop since 2016

Oil rose near $60 a barrel for the first time this month as a huge drop in U.S. crude inventories bolstered the outlook for demand......»»

Category: topSource: moneycentralJun 26th, 2019

Futures Movers: Oil prices rally as weekly U.S. crude inventory drops by almost 13 million barrels

Oil prices climb sharply on Wednesday, as the U.S. government reported a weekly drop of nearly 13 million barrels in domestic crude stocks, reportedly the largest since 2016......»»

Category: topSource: marketwatchJun 26th, 2019

$1.6B pipeline proposed to move North Dakota crude oil

Two companies are proposing a $1.6 billion pipeline to move North Dakota crude oil, making it the biggest such project in the state since the Dakota Access pipeline that sparked violent clashes between protesters and law enforcement in 2016 and 2017......»»

Category: topSource: foxnewsJun 11th, 2019

Heavy Duty Truck Orders Collapse To Worst Numbers Since July 2016, Down 70% In May

A bloated backlog of Class 8 orders as a result of a euphoric mid-2018 continues to weigh on heavy duty tr.....»»

Category: blogSource: zerohedgeJun 6th, 2019

Baker Hughes Reports Biggest Cut Of Oil Rigs In 3 Years

The price of WTI crude oil was up 1.3 percent to $60.10 per barrel on Friday, after Baker Hughes A GE Co (NYSE: BHGE) released its weekly U.S. rotary drill rig numbers. read more.....»»

Category: blogSource: benzingaMar 29th, 2019