Oil Falls 5% On Growing Inflation Fears
Crude prices fell more than 5% on Tuesday afternoon as a result of inflation fears and concerns about demand returned
Source: oilprice.com
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Top News In Tom Kool Today - Breaking & Trending Today
Iran Nuclear Deal Keeps Oil Markets On Edge
Crude prices were on course for a small gain this week, but hawkish news from the Fed’s symposium at Jackson hole and the possibility of a breakthrough in Iran JCPOA negotiations forced crude prices lower
Source: oilprice.com
Russia's Oil Production On Track For First Drop In Four Months
Russian crude oil and condensate production is on track for its first drop in four months
Source: oilprice.com
Bullish OPEC+ Rhetoric Sends Oil Prices Soaring
Crude soared on Tuesday morning after OPEC+ leaked that it may decide to cut output once again if, and when Iran makes a full comeback to oil markets
Source: oilprice.com
Disappointing Chinese Demand Takes Toll On Oil Prices
Uncertainty about the Iran nuclear deal and disappointing Chinese crude demand and refinery throughput are creating headwinds for crude
Source: oilprice.com