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Oil prices mixed amid accusations of breaches to Israel-Hezbollah ceasefire
Oil prices were mixed on Friday following a potential renewal of supply risk as Israel and Hezbollah traded accusations of ceasefire violations, and as a delay to an OPEC+ meeting left investors awaiting a decision on its output policy.
Israel, Lebanon accuse each other of violating ceasefire deal
Israel's military and Lebanon's army are trading accusations that each country violated the ceasefire agreement between Israel and the Iran-backed militant group Hezbollah in Lebanon. It comes less than two days after the deal was first reached and went into effect.
Israel and Hezbollah have a ceasefire agreement. Here's what it says
The ceasefire agreement between Hezbollah and Israel brokered by the United States and France was characterized by President Biden as an attempt to deliver a "permanent cessation of hostilities."
Oil up as Israel, Hezbollah trade accusations of ceasefire violation
Oil prices ticked up on Thursday after Israel and Lebanese armed group Hezbollah traded accusations their ceasefire had been violated and Israeli tanks fired on south Lebanon. Also OPEC+ delayed by a few days a meeting likely to extend production cuts.
1h
on MSN
Goldman Sachs warns Trump's tariffs could drive oil prices higher for consumers in the near term
Goldman Sachs' Samantha Dart predicts brent crude could reach $78 a barrel amid tight inventory and limited alternatives.
23h
Oil slips on buildup in US gasoline stocks; eyes on weekend OPEC+ meeting
Oil prices drifted lower on Thursday after a surprise jump in U.S. gasoline inventories, with investors focusing on the OPEC+ ...
3h
on MSN
Oil field owner sues California over law that would end its Los Angeles-area operations
The owner of an oil field in Los Angeles County is suing the state of California over a law that will require it to stop ...
16h
on MSN
Inglewood Oil Field owner sues California for ‘illegal’ terminating of operations
The law "represents an illegal attempt to coerce an individual company to stop operation of its legal business," oil field ...
1h
on MSN
Canada’s oil patch rattled by Trump's tariff plan
The proposed tariffs, if applied to oil and gas, could hammer Canada's economy and hike prices at the pump for Americans, ...
22h
Oil prices end mixed as attention turns to OPEC+ decision on crude production
U.S. and global benchmark crude prices settled mixed after a cease-fire between Israel and Iran-backed Hezbollah eliminated ...
1d
on MSN
Trump Treasury Nominee’s Oil Math Doesn’t Add Up
Boosting energy production is easier said than done, and the effect on the government deficit isn’t clear either.
21h
Robust Fuel Markets Are Throwing a Lifeline to Gloomy Oil Bulls
With oil prices headed for a second annual decline and a widely expected surplus in 2025 fast approaching, bullish traders ...
U.S. News & World Report
1d
Oil Edges Lower After Jump in US Gasoline Stocks, OPEC+ Supply Decision in Focus
(Reuters) -
Oil
prices edged lower in Asian trading on Thursday, after a surprise jump in U.S. gasoline stocks ahead of the ...
1d
on MSN
Maine Sues Major Oil Companies Over ‘Ongoing Deception’ About Climate Change
The lawsuit is just the latest alleging a decades-long disinformation campaign about global warming and the companies' ...
1d
Oil prices end little changed as traders weigh supply data and await OPEC+ meeting
Oil futures finished on a mixed note, with U.S. and global benchmark prices little changed Wednesday as traders turned their ...
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