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Oil jumps 4% as traders signal 'risk back on' after China-US trade truce
Oil jumped as much as 4% before paring gains Monday after a US-China trade truce sent the overall stock market and commodities higher. West Texas Intermediate ( CL=F) futures rallied over 2% to hover near $62.50 per barrel. Brent crude ( BZ=F ), the international benchmark, also rebounded to trade above $65.
A Utah oil magnate was arrested along with his wife in a dramatic raid on their opulent 27,000-square-foot mansion after allegedly smuggling more than $300 million worth of oil from Mexico to the ...
Saudi oil giant Aramco , a longtime cash cow for the kingdom, expects oil demand to remain resilient this year and sees ...
The U.S. Army Corps of Engineers has sped up permitting of the Line 5 oil pipeline tunnel under the Great Lakes under a Trump ...
Terrel Hardin was at a diner along Route 66 in western Oklahoma when his phone rang with bad news: The engine on one of his ...
The trading arm of Mexico's state company Pemex, PMI, is anticipating a reduction in crude oil exports this year as more will ...
President Donald Trump’s campaign promise of U.S. “energy dominance” is running into a flood of OPEC crude oil — a surge of ...
11hon MSN
Crude oil futures jumped 4% on Monday, after the U.S .and China agreed to slash tariffs, easing trade tensions between the ...
Since he returned to the Oval Office, the benchmark West Texas Intermediate oil price has fallen from $80 a barrel to $60 ...
Lower fuel costs could create savings for consumers, but economic threats posed by tariffs still a concern, a local economist ...
Russia's central bank sees oil prices stabilizing at $60 per barrel going forward as it expects global demand to rebound as ...
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