Sept 26 (Reuters) – Oil prices fell $2 a barrel on Monday, settling at nine-month lows in choppy trade, pressured by a strengthening dollar as sector members awaited particulars on new sanctions on Russia. Brent crude futures for November settled down $2.09, or 2.4%, to $84.06 a barrel, plunging down […]
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Norway’s oil fund warns cyber safety is best problem
Cyber safety has eclipsed tumultuous monetary markets as the largest issue for the world’s largest sovereign wealth fund, as it faces an common of 3 “serious” cyber attacks just about every day. The range of major hacking makes an attempt in opposition to Norway’s $1.2tn oil fund, Norges Bank Financial […]
Meme stocks rally, crude oil sinks all through combined trading for U.S. shares
The inventory sector is the meme sector when once more. On Tuesday, the important averages finished mixed, with the Dow up .7% following Walmart’s (WMT) superior-than-feared earnings report, the S&P 500 up .2%, and the Nasdaq slipping some .2%. At the index amount, the recovery from mid-June lows remains the […]
Biden administration designs Russian oil value caps to fight inflation
The Biden administration expects to employ the very first section of a price tag cap on Russian oil exports this drop in coordination with the G7, with sights set on bringing additional Asian partners on board in the winter season. “We’re seeking to prevent a spike in international strength rates […]