Oil prices slip as Saudi hikes Asia, US price offerings
ALBAWABA – Oil prices slipped on Thursday on economic uncertainties surrounding China’s sluggish recovery as Saudi Arabia hiked price offerings
Source: albawaba.com
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Saudi Arabia Raises Oil Prices to Asia for Fourth Month in a Row
(Bloomberg) -- Saudi Arabia gave customers in Asia and the US small price hikes for its crude a day after the kingdom and Russia prolonged their efforts to tighten the oil market. Most Read from BloombergIndia’s Moment Has Arrived, and Modi Wants a New Global OrderFed Set to Double Its Economic Growth Forecast After Strong US DataSoaring US Dollar Raises Alarm as China, Japan Escalate FX PushbackStocks Remain Lower, Yields Rise After Beige Book: Markets WrapChina Slowdown Means It May Never Over
Source: yahoo.com
Before the Bell: ASX to drop, US services data points to potential higher rate peak
Australian shares are set to open lower, tracking broad losses on Wall Street. Apple hit by report of China government ban. Lowe speech this afternoon.
Source: afr.com
Oil Rallies Near Nine Month High
Oil settled at nine-month highs as investors digested a decision by OPEC+ leaders Saudi Arabia and Russia to extend supply curbs through the end of the yea...
Source: rigzone.com
Exclusive-Poland charters tankers used for Russian oil to import Arab crude
Polish refiner Orlen has in recent months chartered at least 10 tankers that previously shipped Russian oil to Asia to deliver Arab crude to its refineries in Lithuania and Poland on their return journey, according to two traders and LSEG data. Many oil majors have avoided contracting tankers that have carried Russian crude because of the risk of sanctions and self-imposed restrictions. Using the tankers operated by non-Russian shipping firms, but delivering Russian oil and products is not in breach of any sanctions, but the shipments are subject to the price cap policy imposed by the G...
Source: yahoo.com