Oil

Oil prices drop alongside other commodities as Fed Chair Powell opens the door to even higher US interest rates

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oil rig

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A huge team of scientists helped Citadel generate $8 billion from commodities bets in 2022

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Ken Griffin
Citadel's Ken Griffin

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Russia will keep selling cheap oil at bumped-up levels to India - this is why they're both in it for the long haul, a top analyst explains

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Oil exports
Russia has rerouted its oil exports away from Europe towards Asia.

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Indian buyers for Russia's oil are drowning in price-cap paperwork and that could hit Moscow's sales, report says

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Russia's oil exports to India are running into paperwork holdups.

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Russian oil heads to West Africa for the first time since 2018 as Western sanctions leave Moscow scrambling to find buyers

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Tankers carrying Russian oil are settling in Asian ports ahead of EU sanctions
The last time Russian oil was delivered to a Western African country was in 2018.

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Oil prices head for a 4th monthly loss in a row, as traders keep worrying about the Fed's war on inflation

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Oil storage facility in Texas
An oil storage facility in Houston, Texas.

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Some traders say ChatGPT gives them out-of-date information and they waste time fact-checking

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Traders

(Photo by Johannes EISELE / AFP) (Photo by JOHANNES EISELE/AFP via Getty Images)

Watch for oil demand to soar to record highs this year and drive crude back up to $100, top energy trader says

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Oil storage facility in Texas
An oil storage facility in Houston, Texas.

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The West hits Russia with fresh sanctions and raises tariffs on key commodities a year after the invasion of Ukraine

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A Russian armored personnel carrier is driven on a street in Sevastopol, Ukraine’s Black Sea Port that hosts a major Russian navy base Tuesday, Feb. 25, 2014. Tensions were building up in the Crimea, where ethnic Russians who make the majority of the local population are deeply suspicious of the new Ukrainian authorities who replaced fugitive Russia-backed President Viktor Yanukovych.

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Oil prices will jump 25% in the next 6 months but it's a 'believe it when I see it market,' analyst says

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The UAE is moving up an already ambitious target to increase crude oil output.

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