U.S. oil jumped more than 23% on Thursday for its best day on record, as it clawed back more than half of the losses from Wednesday’s swoon. As tensions between the two countries escalate, President Donald Trump said the U.S. could intervene, which contributed to oil’s gains in afternoon trading. Read the full […]
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NEW YORK (Reuters) – Oil jumps over 8% on Tuesday, bouncing from the biggest rout in nearly 30 years a day earlier On Monday, U.S. President Donald Trump pledged “major” steps to gird the U.S. economy against the impact of the spreading coronavirus outbreak. Japan’s government said it planned to spend more than $4 billion […]
https://www.rangerminerals.com/wp-content/uploads/2020/04/Untitled.png286763Ranger Land & Mineralshttps://www.rangerminerals.com/wp-content/uploads/2020/02/ranger-land-and-minerals-logo.pngRanger Land & Minerals2020-04-02 18:14:262023-09-28 14:26:46Oil Jumps 8% on Stimulus Hopes, Spending Cuts by U.S. Producers
Saudi Aramco is stuck in an unprecedented price war and may need to sell a stake in its pipeline business to raise capital, Bloomberg reported on Monday. The precipitous drop in oil prices through the month has the world’s largest producer strapped for cash ahead of some massive payments. Read full article here Source: Business […]
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Oil surges 23% to post best day ever, rebounding from Wednesday’s steep losses
IndustryU.S. oil jumped more than 23% on Thursday for its best day on record, as it clawed back more than half of the losses from Wednesday’s swoon. As tensions between the two countries escalate, President Donald Trump said the U.S. could intervene, which contributed to oil’s gains in afternoon trading. Read the full […]
Oil Jumps 8% on Stimulus Hopes, Spending Cuts by U.S. Producers
IndustryNEW YORK (Reuters) – Oil jumps over 8% on Tuesday, bouncing from the biggest rout in nearly 30 years a day earlier On Monday, U.S. President Donald Trump pledged “major” steps to gird the U.S. economy against the impact of the spreading coronavirus outbreak. Japan’s government said it planned to spend more than $4 billion […]
Saudi Aramco needs cash with oil prices at a 17-year low — and now it may reportedly sell a piece of its pipeline unit
IndustrySaudi Aramco is stuck in an unprecedented price war and may need to sell a stake in its pipeline business to raise capital, Bloomberg reported on Monday. The precipitous drop in oil prices through the month has the world’s largest producer strapped for cash ahead of some massive payments. Read full article here Source: Business […]