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OPEC+ plan turns hedge fund bullish bets on crude oil to 10-year lows (NYSEARCA:USO)

Crude oil futures fell for the third straight week due to OPEC&#39;s decision to unwind production cuts, while demand uncertainties and bearish data on US inventories added to concerns.

Saudi arabiaAugust brentRobbie fraserJuly nymexEnergy select sectorFederal reserveBaker hughesVistra energyEuropean central bankCore energyUranium energyStrategic petroleumOsisko developmentEnergy fuelsFlotek industriesUs department of energy

Oil rises as Fed rate-cut optimism offsets demand fears

Oil rises as Fed rate-cut optimism offsets demand fears
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United statesSaudi arabiaJennifer granholmJohn kilduffDennis kisslerOrganization of the petroleum exporting countries opecUs energy information administrationFederal reserveStrategic petroleumAmerican petroleum instituteTexas intermediateInformation administrationMemorial dayPetroleum exporting countriesPrince abdulazizStrategic petroleum reserve

Oil rises 1% as Fed rate cut optimism offsets demand fears

OIL prices climbed 1 per cent on Wednesday (Jun 5), rebounding from four-month lows, as hopes of an interest rate cut by the US Federal Reserve in September outweighed demand concern after data showed builds in US crude and fuel stocks.

Saudi arabiaUnited statesDennis kisslerJennifer granholmJohn kilduffUs energy information administrationOrganization of the petroleum exporting countries opecFederal reserveStrategic petroleumAmerican petroleum instituteTexas intermediateInformation administrationMemorial dayPetroleum exporting countriesPrince abdulazizStrategic petroleum reserve

Energy Gains With Oil, Gas - Energy Roundup

Shares of energy companies rose as a rate cut from the European Central Bank quelled some economic concerns. Oil futures rose for the second straight session as the economic outlook brightened.

Saudi arabiaRob curranEuropean central bankArab lightDow jones

Saudi Arabia cuts July Arab Light crude oil OSP to Asia | Hellenic Shipping News Worldwide

Saudi Arabia cuts July Arab Light crude oil OSP to Asia | Hellenic Shipping News Worldwide
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United statesSaudi arabiaJuly ospsOrganization of the petroleum exporting countriesSaudi aramcoArab lightMiddle eastPetroleum exporting countriesNorthwest europeIce brent

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