Bloomberg Markets
Russia’s crude-only production lagged behind its OPEC+ quota by almost a million barrels a day in July as Ukraine attacked the nation’s oil infrastructure almost daily.
Yahoo Finance
Yahoo Finance
Bloomberg Markets
David Kelly, JPMorgan Asset Management's chief global strategist, sees a disinflation trend in the US stemming from lower tariff costs and oil eventually flowing out of the Strait of Hormuz. Speaking on "Bloomberg Surveillance," Kelly also says the Federal Reserve is on the wrong track signaling that they are going to communicate less. (Source: Bloomberg)
Yahoo Finance
Bloomberg Markets
Freight costs for oil tankers shipping crude from the Black Sea to the Mediterranean have risen to a record after a flurry of drone attacks, driving down prices for Kazakhstan’s main CPC export grade.
Yahoo Finance