Tag #Oil Prices

Showing 157 to 168 of 323 results

theglobeandmail.com
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US Debt Concerns Drive Global Market Volatility

Global markets reacted to elevated U.S. Treasury yields and concerns over American debt on Friday, following Moody's credit rating downgrade and the passage of a new spending bill; Wall Street futures indicated a lower open, while TSX futures suggested potential gains; the 30-year Treasury yield hel...

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40% Bias Score

Reduced Inequality
theguardian.com
🌐 85% Global Worthiness
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Global Oil Prices Tumble, Easing Pressure on Consumers

Global oil prices have fallen by over $1 a barrel, resulting in lower petrol pump prices in the UK and potentially easing pressure on households; OPEC+ is poised to increase oil production in July despite weaker global demand.

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36% Bias Score

Affordable and Clean Energy
theglobeandmail.com
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Strathcona's Unsolicited Bid for MEG Energy Could Spark Bidding War

Strathcona Resources Ltd. launched a $5.9-billion unsolicited takeover bid for MEG Energy Corp., potentially sparking a bidding war among Canadian oil producers and reshaping the industry landscape. This reflects improved sentiment in the oil sands sector, following the Trans Mountain pipeline expan...

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44% Bias Score

Climate Action
theglobeandmail.com
🌐 85% Global Worthiness
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North American Stocks Fall as Tariff Truce Euphoria Fades

North American stock markets opened lower on Thursday, with the Dow Jones, S&P 500, and Nasdaq falling significantly; UnitedHealth faces a Justice Department investigation; Walmart will raise prices due to tariffs; and economic data signals potential slowdown.

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48% Bias Score

Decent Work and Economic Growth
aljazeera.com
🌐 85% Global Worthiness
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Trump's Middle East Trip Aims for Trillions in Investment Deals

President Trump's Middle East tour, starting May 14th in Riyadh, Saudi Arabia, then proceeding to Qatar and the UAE on May 15th, aims to secure major economic agreements with these Gulf nations, potentially involving trillions of dollars in investment and oil price negotiations.

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36% Bias Score

Decent Work and Economic Growth
lemonde.fr
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Shell Considers Potential Acquisition of BP Amidst Market Volatility

Shell is evaluating a potential acquisition of BP, driven by BP's lower stock price following a Bloomberg report. This follows a period of consolidation in the oil industry in the late 1990s.

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36% Bias Score

Climate Action
abcnews.go.com
🌐 75% Global Worthiness
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Mixed Global Markets Amid Easing Treasury Yields and Falling Oil Prices

Global markets saw mixed results Friday, driven by easing U.S. Treasury yields (10-year at 4.52%, 2-year at 3.99%), falling oil prices ($60.99 for U.S. benchmark crude, $64.23 for Brent crude), and anticipation of increased OPEC+ output; the House approved a bill to cut taxes, potentially adding tri...

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36% Bias Score

Reduced Inequality
elpais.com
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Spain's Fuel Prices Defy Crude Oil Price Drop

Spain's gasoline and diesel prices remain high despite a 20% drop in crude oil prices in euros, with experts citing market uncertainty, reduced demand due to trade wars, and limited competition among distributors as contributing factors.

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48% Bias Score

Affordable and Clean Energy
smh.com.au
🌐 85% Global Worthiness
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Trump's Energy Policy Contradiction: Lower Prices, but No Oil Boom

The Trump administration's conflicting goals of increased US oil production and lower oil prices are challenged by OPEC's revised production forecasts, lower-than-expected US production increases, and the negative impact of Trump's trade policies on the US oil sector.

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56% Bias Score

Climate Action
theglobeandmail.com
🌐 75% Global Worthiness
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Oil Prices Fall Amid Rising Crude Inventories

On Wednesday, oil prices fell due to a reported 4.3 million barrel increase in U.S. crude oil inventories, despite declines in gasoline and distillate stocks; Brent crude dropped to $65.88, and WTI crude to $62.92.

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24% Bias Score

Affordable and Clean Energy
theglobeandmail.com
🌐 85% Global Worthiness
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Global Market Rally Stalls Amidst U.S.-China Trade War Uncertainty

Global markets initially rallied on a 90-day U.S.-China tariff reduction agreement, but Tuesday saw a reversal as concerns over the trade war's long-term impacts emerged; Wall Street gained 3.3 percent on Monday but futures fell on Tuesday.

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44% Bias Score

Decent Work and Economic Growth
abcnews.go.com
🌐 85% Global Worthiness
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Aramco Profits Fall 4.6% Amidst Lower Oil Prices

Aramco's first-quarter 2025 profits fell 4.6% to $26 billion due to lower global oil prices, impacting Saudi Arabia's large-scale development plans and potentially requiring alternative funding sources.

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56% Bias Score

Reduced Inequality

Showing 157 to 168 of 323 results