Categories EconomyNews Oil Dips 1% on US Interest Rate Fears but OPEC+ Cuts Limit Fall Posted by Louis Harris July 18, 2023 HOUSTON, July 10 (Reuters) – Oil prices eased 1% on Monday on the increasing likelihood of more U.S. interest rate hikes, but crude supply...
Categories EconomyNews Oil Plunges 4% as Interest Rate Hikes Outweigh Lower US Oil Supplies Posted by Louis Harris June 30, 2023 NEW YORK, June 22 (Reuters) – Oil futures fell about 4% on Thursday, as a bigger-than-expected Bank of England rate hike prompted worries about...
Categories NewsPakistan Ambassador: US approves Pakistan importing Russian oil Posted by Robert Parker May 6, 2023 ISLAMABAD — Pakistan said Thursday that it was buying discounted Russian crude oil with the implicit approval of the United States, and the first shipment...