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Oil Futures Retreat as U.S. Crude Stocks Build
Oil futures settle lower for a second straight session after a rally on a report that Israel may be preparing to attack Iran's nuclear facilities fizzled out. Market focus turned to fundamentals as the EIA reported a second straight weekly build in U.
Analysts See Decline in U.S. Crude Oil Inventories
Commercial crude oil stocks are seen falling by 800,000 barrels to 441 million barrels in the week ended May 16, according to the average estimate of eight analysts and traders. Six expect a decline and two predict an increase, with estimates ranging from a drop of 2.8 million barrels to a build of 1.7 million barrels.
U.S. crude oil inventories rose by 1.3 million barrels last week, while stocks of gasoline and diesel increased amid higher ...
Asian stocks have advanced as U.S. Treasury yields eased after a rocky week due to worries in the bond market over mounting U ...
South Africa will wait for global oil prices to rise to around $100 a barrel before selling more of its strategic crude ...
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A significant portion of US oil and gas stocks are trading below their book value, presenting a potential opportunity for ...
The broad-market boost from a rally in shares of Big Tech stocks like Alphabet Inc. is being offset by weakness in energy and utilities stocks. That has sent the S&P 500 and Dow Jones Industrial ...
Its assets consist of approximately 1,117,628 gross (549,229 net) leasehold and mineral acres located primarily in the ...
The shares of Pennsylvania-based EQT Corp (NYSE:EQT) hit an 11-year high of $57.37 just last session, and were last seen down ...
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