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发表于 2025-3-23 03:20
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Xcku Major Coal Consumer India Sees Stockpiles Slump To Four-Year Low
West Texas Intermediate WTI is nike air max down well over 2% in Monday afternoon trading, with Brent crude down nearly 2% as well, after a week of soaring prices that had bulls certain oil was heading to $100.On Monday at 3:08 p.m. ET, WTI was trading at $88.73, shedding 2.27% and down $2.06 on the day. Brent crude was trading at $90.56, giving up 1.78%, or $1.64 on the day.A strong U.S. dollar, profit-taking, inflationary concerns that could dent demand and forecasts that suggest increasing supply all weighed on oil prices today. Profit-taking was expected after oil hit 10-month highs in Q3, gaining almost 30%. The global outlook is quickly taking a turn for the worse and that is both driving the king dollar trade again and weighing on the crude demand outlook, Reuters cited Edward Moya, senior market analyst at data and analytics firm OANDA, as saying.The U.S. dollar climbed on Monday when the federal government avoided a shutdown and as it becomes increasingly likely tha adidas sambarose t the Federal Reserve will maintain higher interest rates further into the future. That dollarrsquo resurgence has been building for four weeks now, assisted by positiv nike af e economic data, particularly in terms of September manufacturing recovery.In terms of a government shutdown, on Saturday, U.S. Congress succeeded in passing a stopgap funding bill, temporarily avoiding disaster.Also weighting on oil prices today was the World Bank forecast for slower Chinese growth, which could crimp demand for oil. The World Bank Sznp Oxfam offers new creative and landing page for online affiliate partners
BP Responded to Mississippis Oil-Spill Requests, Barbour SaysMississippi Governor Haley Barbour disagreed with a report by U.S. House Republicans that said letting BP Plc BP/ lead recovery efforts from its offshore oil spill was outright offensive to Gulf Coast residents.Barbour, a Republican, told the House Oversight and Government Reform Committee today that BP was sometimes more responsive than the federal government to requests from state officials after the April 2010 spill. In fairness, to BP, to us, everything we asked them to do, they considered, and almost every time they did it, Barbour said.Bloomberg6/2/11 Share owala cup About the Author s Magnolia Tribune owala website This article was produced by Magnolia Tribune staff. More Like This Ne owala nz ws | Frank Corder March 7, 2025 |
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