Phil Dollar Oil Feed Parring Tc
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Oil Down 7% on Week Amid U.S. Inflation, Rate Hike Woes
By Barani Krishnan Investing.com -- The long-oil crowd would have probably expected a longer period of joy from OPEC+'s much-hyped production cut. But three days of relentless selling since...
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Retail inflation up at 7.41%, IIP down by 0.8%
New Delhi, Oct 12 (IANS) Retail inflation rose to 7.41 per cent in September from 7 per cent in August, mainly due to higher food inflation which went up sharply to 8.6 per cent from 7.6 per...
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U.S. Stocks Rise as Investors Await Fed's September Minutes
By Liz Moyer Investing.com -- U.S. stocks inched higher on Wednesday as investors awaited the release of the Federal Reserve's meeting minutes from September. At 9:45 ET (13:45 GMT),...
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Corporate profitability to decline for fourth consecutive quarter
New Delhi, Oct 12 (IANS) Corporate profitability is seen declining 300 basis points (bps) due to elevated commodity prices, Crisil said in a report.On its part, corporate profitability -- or...
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Europe Stocks Head Lower on BoE Confusion, Philips Guidance Cut
By Geoffrey Smith Investing.com -- European stock markets steadied after a shaky start on Wednesday after some weak and high-profile updates from companies across the region combined with...
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Crude Oil Rises After Polish Pipeline Operator Detects Leak on Druzhba
By Geoffrey Smith Investing.com -- Crude oil prices rose by more than a dollar in early trade in Europe on Wednesday after Polish pipeline operator PERN said it had detected a leak on the...
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Biden Says Saudi Arabia Will Face Consequences For OPEC+ Decision
There will be some consequences for Saudi Arabia for its decision together with Russia to steer OPEC+ into a large oil production cut, U.S. President Joe Biden told CNN in an exclusive...
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Poland's PKN says oil supplies to Plock refinery uninterrupted
WARSAW (Reuters) – Poland's PKN Orlen said on Wednesday that oil supplies to it Plock refinery were not interrupted as a result of a leak detected in the Druzhba pipeline.
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Factbox-The Druzhba oil pipeline from Russia to Europe
(Reuters) – Polish operator PERN has detected a leak in one pipeline in the Druzhba system that carries oil from Russia to Europe, it said on Wednesday, an event that will add to...
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Leak detected in pipeline that brings Russian crude oil to Germany
A leak was detected in an oil pipeline in Poland which is the main route through which Russian crude oil reaches Germany, the Polish operator said Wednesday. The operator, PERN, said it...
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IMF Recession Warning Deals Blow To Oil Prices
Crude oil prices extended their slide after the International Monetary Fund reported an update to its global economic projections for this year, which deepened fears of recession. In the...
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Oil Sinks Further on China COVID Jitters, IMF Warning
By Ambar Warrick Investing.com-- Oil prices fell further on Wednesday, extending steep losses from the prior sessions amid growing concerns that a new COVID outbreak in China and a worsening...
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Crude oil prices extend decline on recession fears, Brent hits $93.78/bbl
Brent crude futures fell 51 cents, or 0.5%, to $93.78 a barrel by 0033 GMT. US West Texas Intermediate crude was at $88.66 a barrel, down 69 cents, or 0.8%.
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Oil prices extend decline on recession fears, China COVID curbs
By Isabel Kua SINGAPORE (Reuters) – Oil prices fell for a third straight session on Wednesday as investors fretted about a hit to fuel demand from growing risks of a global recession and...
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Oil Tumbles Anew as China's Covid Bogeyman Returns
By Barani Krishnan Investing.com -- If Vladimir Putin and OPEC are oil bulls' best friends, you can count on China and the Federal Reserve for having the back of the bears. In a way that's...
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Midday Movers: Walgreens Boots Alliance, Wynn Resorts, Uber Technologies and More
By Liz Moyer Investing.com -- Stocks reversed early losses and were trading higher on Tuesday as investors await the latest inflation data. Here are the market movers for Oct.11: Walgreens...
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U.S. Stocks Fall as Wall Street Awaits September Inflation Reports
By Liz Moyer Investing.com -- U.S. stocks fell as investors awaited data on inflation this week that could give the Federal Reserve more reason to continue with its aggressive actions to...
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Dow Futures Fall 0.6% as Recession Fears Weigh
By Noreen Burke Investing.com -- U.S. stocks are seen opening broadly lower on Tuesday, a day after the Nasdaq recorded its lowest close since July 2020, pressured lower by persistent...
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BoE Alarm Bells, Brainard's Caution, PC Woes - What's Moving Markets
By Geoffrey Smith Investing.com -- The Bank of England sounds the alarm again over the state of the U.K.'s pension industry. Russia renews its missile attacks on Ukrainian cities amid...
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Iran protests over woman's death persist despite crackdown, oil workers strike
DUBAI (Reuters) – Clashes between protesters and security forces continued across Iran on Tuesday, with social media videos showing tanks being transported to Kurdish areas which have...
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Oil falls on recession fears and China COVID worries
Oil slid more than 1% on Tuesday, extending losses of nearly 2% in the previous session, as recession fears and a flare-up in COVID-19 cases in China raised concern over global demand. World...
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OPEC+ cut draws hedge funds back into the oil market
Portfolio investors were encouraged to return to the oil market early last week by the prospect of production cuts by OPEC and its allies, which offset some bearishness induced by the...
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More U.S. Oil Heads To Asia As French Strikes Slash European Demand
More U.S. crude oil is going to Asia as close to two-thirds of France's refining capacity remains paralyzed by industrial action. Earlier today, the French government threatened to break...
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Oil eases, gold takes a tumble
Oil eases amid more recession warnings Oil prices are paring recent gains for the second day as the IMF and World Bank warn of an increased risk of a global recession. Those warnings won't...
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Oil Prices Mixed as Markets Weigh Supply Cuts, Weakening Demand
By Ambar Warrick Investing.com-- Oil prices saw choppy trade on Tuesday as markets weighed potentially weaker demand against supply disruptions from the Russia-Ukraine conflict and OPEC...
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Crude oil prices slide as dollar strengthens; Brent hits $95.62/bbl
Brent crude futures LCOc1 fell 57 cents, or 0.6%, to $95.62 a barrel by 0031 GMT, after falling $1.73 in the previous session.
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Japan officials comment on oil, gas, border control ... nothing on the yen though
Japan industry minister Nishimura:will decide measures on Sakhalin-1 while talking with its partnersSakhalin-1 is still important energy source for japan to reduce its reliance on...
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Oil prices slide as dollar strengthens, China COVID-19 woes dampen demand
By Isabel Kua SINGAPORE (Reuters) – Oil prices fell on Tuesday, extending nearly 2% losses in the previous session, as a stronger U.S. dollar and a flare-up in COVID-19 cases in China...
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Fed Talk Hits Oil Rally Like Drone, China Import Quotas Don't Help
By Barani Krishnan Investing.com -- Crude prices reversed from their one-way track of the past five sessions to settle lower on Monday as the dollar and U.S. bond yields took flight instead...
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U.S. Stocks Mixed as Investors Await CPI Data, Fed Minutes
By Liz Moyer Investing.com -- U.S. stocks were mixed to start the week as investors looked forward to consumer price data and the minutes of the Federal Reserve's last meeting. At 9:45 ET...
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U.S. Futures Edge Down as Investors Eye Possible Fed Rate Path
By Scott Kanowsky Investing.com -- U.S. stocks are seen moving into the red on Monday, extending losses made on Friday and a weak handover from global shares, as investors mull over the...
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Russian Fury, IMF Meetings, BoE Package - What's Moving Markets
By Geoffrey Smith Investing.com -- Russia responds to the attack on its bridge link to Crimea with a barrage of missiles aimed at civilian targets across Ukraine. Policymakers descend on...
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European Shares Open Week Lower Amid Ukraine Tensions, Rate Hike Possibilities
By Scott Kanowsky Investing.com -- European stocks fell on Monday, as concerns mounted around the impact of both weekend shelling in Ukraine and aggressive central bank monetary policy...
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Forex Outlook & Expectations As Rupee Inches Towards 83/$1 & Hammering Continues
By Malvika Gurung Investing.com -- The Indian rupee extended its recent rout, tumbling to a new low of 82.7 against the US dollar on Monday after opening at a record low of 82.67 in the...
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INR Crashes, Hits Fresh Low Again on Fed's Hawkish Prospects & Weak Cues
By Malvika Gurung Investing.com -- The Indian rupee sank to a fresh low against the US dollar on Monday, extending its intense sell-off after opening at a record low of 82.67/$1 in the new...
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Oil Slips From 1-Month High as Weak Chinese Data Fuels Demand Fears
By Ambar Warrick Investing.com-- Oil fell on Monday as an unexpected contraction in China's service sector fueled fears of slowing demand, although an OPEC supply cut and the prospect of...
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Mark These Dates: Major Indian & Global Macroeconomic Data Lined Up For the Week
By Malvika Gurung Investing.com -- The week ahead is packed with multiple domestic and global macroeconomic data, along with corporate earnings of India Inc for the September quarter kicking...
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