Oil prices rise on supply deficit concerns

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Oil prices rise on supply deficit concerns Reuters
Will Increasing Oil Prices Reverse Progress on Inflation? Bloomberg Television
Oil spikes above $91 on supply concerns Fox Business
Higher Oil Prices Might Not Be as Bad as You Think Barron's
Oil at mid-$90s ahead of Fed inflation verdict, other rate decisions By Investing.com Investing.com
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Oil prices rose on Tuesday for a fourth consecutive session as weak U.S. shale output spurred further concerns about a supply deficit stemming from extended production cuts by Saudi Arabia and Russia.Oil prices rose on Tuesday for a fourth consecutive session as weak U.S. shale output spurred further concerns about a supply deficit stemming from extended production cuts by Saudi Arabia and Russia.

Oil prices rise on supply deficit concerns | Reuters

Bloomberg - Are you a robot?

Investors fret over inflation ahead of interest rate moves

Crude oil hits $95 a barrel as traders prepare for central bank decisions | Financial Times

Rise of 30% since June follows increasing demand in China and production cuts by Russia and Saudi Arabia

Global inflation fears as oil price rises towards $100 a barrel | Oil | The Guardian

Global oil demand is being driven by a strong air travel sector, higher use in power generation and rising Chinese petrochemical activityGlobal oil demand is being driven by a strong air travel sector, higher use in power generation and rising Chinese petrochemical activity

Why oil prices have been climbing - The Globe and Mail

October WTI crude oil (CLV23 ) Monday closed +0.71 (+0.78%), and Oct RBOB gasoline (RBV23 ) closed -1.02 (-0.38%). Oct WTI crude oil prices Monday climbed to a new 11-month high, extending the rally seen in the past three months driven by expectations for a tight supply outlook through year-end....October WTI crude oil (CLV23 ) Monday closed +0.71 (+0.78%), and Oct RBOB gasoline (RBV23 ) closed -1.02 (-0.38%). Oct WTI crude oil prices Monday climbed to a new 11-month high, extending the rally seen in the past three months driven by expectations for a tight supply outlook through year-end....

Crude Prices Continue Higher on Tight Supply Outlook

The economic impact of global oil supply have important implications for India – a net importer of crude oil – to deliver price stability.The economic impact of global oil supply have important implications for India – a net importer of crude oil – to deliver price stability.

‘Crude’ impact on economy: $10 rise in Brent widens India's CAD by 0.5%, say analysts as oil sizzles to 10-month high | Mint

Crude oil prices are trading at their highest since early November last year, which could translate to higher gas prices for consumers and a potential rebound in inflation.Crude oil prices are trading at their highest since early November last year, which could translate to higher gas prices for consumers and a potential rebound in inflation.

Oil Prices Just Hit a New 10-Month High. What This Could Mean For Your Wallet

U.S. oil output from top shale-producing regions is on track to fall to 9.393 million barrels per day in October, the lowest level since May 2023.U.S. oil output from top shale-producing regions is on track to fall to 9.393 million barrels per day in October, the lowest level since May 2023.

Oil prices rise on supply deficit concerns

The price of WTI and Brent crude oil continues to rise as Wall Street traders eye a deeper supply deficit in the fourth quarter after Saudi Arabia and Russia extended supply cuts.The price of WTI and Brent crude oil continues to rise as Wall Street traders eye a deeper supply deficit in the fourth quarter after Saudi Arabia and Russia extended supply cuts.

Oil spikes above $91 on supply concerns | Fox Business

Brent crude has pushed over $95 per barrel during the morning, reaching its highest level since November 2022.Brent crude has pushed over $95 per barrel during the morning, reaching its highest level since November 2022.

LIVE: FTSE jumps, European markets mixed as oil prices continue to rally

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A sharp deterioration in the Chinese economy would deliver another blow to Australia’s tepid growth outlook, the RBA has warned.A sharp deterioration in the Chinese economy would deliver another blow to Australia’s tepid growth outlook, the RBA has warned.

Australian economy at risk from sharp Chinese slowdown: RBA

David Kelly, a strategist at JPMorgan, explains why he's not worrying about oil following Russia and Saudi Arabia's restriction of the asset.Foreign factors pushing up prices have tightened the purse strings of U.S. consumers over the years.

JPMorgan's David Kelly says oil price surge 'not worth losing sleep over in 2023' | Fortune

David Kelly, a strategist at JPMorgan, explains why he's not worrying about oil following Russia and Saudi Arabia's restriction of the asset.

JPMorgan's David Kelly says oil price surge 'not worth losing sleep over in 2023' | Fortune

As global oil prices increased for a third straight week on the back of production cuts from Saudi Arabia and Russia, concerns over the inflationary pressure in the US are on the rise, with analysts saying this may lead to new resistance for the Fed when it comes to adjusting the pace of monetary policy tightening.

Oil prices surge triggers new worries over US inflation - Global Times

Oil prices rose in early trade on Tuesday for the fourth consecutive session, as weak shale output in the U.S. spurred further concerns about a supply deficit...Oil prices rose in early trade on Tuesday for the fourth consecutive session, as weak shale output in the U.S. spurred further concerns about a supply deficit...

Oil prices rise on supply deficit concerns | Inquirer Business

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Oil prices are creeping higher and raising concerns about the impact on inflation’s cooling trajectory, consumers’ wallets and the Federal Reserve’s interest rate policy.Oil prices are creeping higher and raising concerns about the impact on inflation’s cooling trajectory, consumers’ wallets and the Federal Reserve’s interest rate policy.

Oil prices creep higher, raise inflation concerns | AP News

A look at the day ahead in U.S. and global markets from Mike Dolan Gatecrashed by an alarming backup in crude oil prices, this week's dominant event m...

Marketmind: Dot plots, oil blots and auto strikes | WKZO | Everything Kalamazoo | 590 AM · 106.9 FM

Brent oil - JP Morgan on the price jump - clearly a supply shock | Forexlive

Oil Reaches Highest Price this Year Ahead of US CPI - Action Forex

Inflation is a key topic today due to rising oil prices and Apple facing challenges. The markets are currently in a wait-and-see mode as we approach four important monetary policy decisions: the ECB... -September 13, 2023 at 07:19 am EDT - MarketScreenerInflation is a key topic today due to rising oil prices and Apple facing challenges. The markets are currently in a wait-and-see mode as we approach four important monetary policy decisions: the ECB...

Apple depressed, oil soars and inflation returns - 2023-09-13 | MarketScreener

Global oil markets could get tighter in the remaining months of the year.

Oil Rally Has More Room To Run

The pandemic allowed everyone to live in an economic cloud cuckoo land. Now, the reality check is chastening.

Oil price hike catches markets off-guard - Reaction

OptionsDesk broker Richard Perry speaks to Thomas Warner from Proactive following a fascinating week in the markets, in which the FTSE 100 rose sharply to...

Rising oil prices "could be uncomfortable for central banks" - OptionsDesk

With the surging oil price making investors nervous ahead of this week's highly anticipated US inflation figures, we look at the implications for the global economy.With the surging oil price making investors nervous ahead of this week's highly anticipated US inflation figures, we look at the implications for the global economy.

What might oil back above $90 mean for inflation?

The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

ELAM: Crude hits 10 month high - Odessa American

Oil prices up to a 10-month high on signs of a tightening market. Global rates well contained ahead of key US CPI data tonight, with higher petrol prices likely to push inflation higherOil prices up to a 10-month high on signs of a tightening market. Global rates well contained ahead of key US CPI data tonight, with higher petrol prices likely to push inflation higher

Little market reaction to weaker NZD fiscal accounts | interest.co.nz

Investing.com - Oil bulls pressed ahead Monday with the momentum they had gained in the past three weeks, closing in on the Saudi wish for triple-digit pricing, as markets awaited the Federal Reserve’s verdict on U.S. inflation creeping again from...

Oil at mid-$90s ahead of Fed inflation verdict, other rate decisions

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The decline in the inflation rate over the past six months has been encouraging. However, the recent climb in oil and gasoline prices threatens to put a crimp in the

Bill Schmick: Rising oil prices slowed progress on inflation, but investors were unfazed | Business | berkshireeagle.com

A spike in oil prices to 10-month highs has triggered a fresh burst of inflation

A spike in oil prices to 10-month highs has triggered a fresh burst of inflation | Northwest & National News | nbcrightnow.com

Stock markets fall under pressure as oil prices hit their highest levels in 2023 - Equity.Guru

OPEC+ and a resurgent Chinese economy are behind the spikeOPEC+ and a resurgent Chinese economy are behind the spike

Gasoline Prices Are Stuck at Summer’s Elevated Levels as Oil Hits Highest Prices of the Year - The Messenger

Oil prices creep higher, raise inflation concerns | The Journal Record

As heating oil prices continues to rise, propelled by diminishing crude oil stockpiles, a shift in refining priorities toward gasoline, and severe weather events, the real focus is its ability to forecast future inflation metrics.As heating oil prices continues to rise, propelled by diminishing crude oil stockpiles, a shift in refining priorities toward gasoline, and severe weather events, the real focus is its ability to forecast future inflation metrics.

The Recent Surge In Heating Oil Prices: A Precursor To Looming Inflationary Pressures - Benzinga

For energy stock investors, oil prices getting to the highest level this year translates into gains.

SPN Outperformed All Other Sectors This Quarter Amid Surge in Oil Prices – 24/7 Wall St.

Hopes that inflation might really have been “transitory” look prematureHopes that inflation might really have been “transitory” look premature

The threat posed by rising oil prices | The Business Standard

Rig counts are falling—a reflection of higher interest rates and labor costs that now affect drilling costs, moving break-even prices even higher out in the price curve.Rig counts are falling—a reflection of higher interest rates and labor costs that now affect drilling costs, moving break-even prices even higher out in the price curve.

Strong Demand is Keeping Oil Prices Elevated—But for How Long? | Hart Energy

Crude oil is up 6.66% month-to-date, jumping to fresh yearly highs.Crude oil is up 6.66% month-to-date, jumping to fresh yearly highs.

Crude Oil (/CL) at Year High With 6.66% Jump | tastylive

'Canada’s headline inflation rate is also about to take a serious trip north on higher energy prices.' Read more

How higher oil prices could equal higher interest rates | Financial Post

'Canada’s headline inflation rate is also about to take a serious trip north on higher energy prices.' Read more

Posthaste: How higher oil prices could fuel another Bank of Canada interest rate hike | Financial Post

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Oil prices are creeping higher and raising concerns about the impact on inflation’s cooling trajectory, consumers’ wallets and the Federal Reserve’s interest rate policy. U.S. crude oil prices started creeping higher as summer kicked in after spending the first half to the year either slipping or holding relatively steady. West Texas Intermediate crude is up 15% for the year above $90 a barrel. Higher oil prices trickle down to everything from gasoline prices to transportation and production costs for consumer goods. The unwelcome pressure on inflation comes as prices have been generally cooling throughout 2023.

Oil tops $90 a barrel, raising inflation, rate concerns

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