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Uploaded about 7 months ago

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Breaking News

U.S. crude inventories soared by 10.5 million barrels to 432.5 million barrels in the week to Oct. 11, according to the API's weekly report.

about 5 days ago

U.S. shelves new tariffs against Beijing while leaving many demands to be worked out later

about 9 days ago

US-China took an initial step Friday to cement a trade agreement that had been derailed for months.

about 9 days ago

EIA Winter Fuels Outlook .The U.S. Energy Information Administration (EIA) forecasts that average household expenditures for all major home heating fuels will decrease this winter compared with last. This forecast largely reflects warmer expected winter temperatures compared with last winter. Decreases vary by fuel and region, with average U.S. propane expenditures forecast to fall by 15%, home he
about 12 days ago

EIA STEO EIA forecasts Brent spot prices will average $59/b in the fourth quarter of 2019 and then fall to $57/b by the second quarter of 2020, which is $5/b lower than forecast in the September STEO. Despite the recent increase in supply disruptions, EIA expects downward oil price pressure to emerge in the coming months as global oil inventories rise during the first half of 2020.
about 12 days ago

API report showed U.S. Crude oil inventories climbed by over 4 million barrels last week.
about 13 days ago

RBI Monetary Policy: MPC cuts repo rate by 25 bps to 5.15%, cuts FY20 GDP target to 6.1%
about 17 days ago

The private sector added a smaller-than-expected 135,000 jobs in September, according to ADP.
about 19 days ago

ISM U.S. manufacturing slumped badly in September, falling to 47.8 , the worst reading since June 2009.
about 19 days ago

the IMF warned that the global economic slowdown could be sharper than it previously expected.
about 19 days ago

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