Post Tagged with: "stimulus"

Oil Eases as Fed’s Jackson Hole Meeting Gets Underway

Oil Eases as Fed’s Jackson Hole Meeting Gets Underway

From Reuters


Oil prices weakened on Thursday on worries about the global economy and as equity markets were on edge over the uncertain outlook for U.S. interest rate cuts.

Traders are awaiting a speech from Federal Reserve Chair Jerome Powell …

Courtesy of Chesapeake

Oil Steadies as Hopes of Easing Trade Tensions Lend Support

From Reuters


Oil prices steadied on Tuesday on optimism U.S.-China trade tensions will ease and hopes major economies will take stimulus measures to ward off a possible economic slowdown, after falling earlier on concerns over future demand.

Brent crude LCOc1 …

Crude Leaps as OPEC+ Eyes Meeting Date, Europe Talks Stimulus

Crude Leaps as OPEC+ Eyes Meeting Date, Europe Talks Stimulus

From Bloomberg


Oil cartel proposes early July gathering as stalemate eases, WTI extends gains further after API sees declining stockpiles

Oil surged to its biggest gain in five months as OPEC and its allies moved closer to a meeting to …