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Biden, Saudi crown prince may meet for first time as soon as next month -CNN
WASHINGTON (Reuters) -U.S. President Joe Biden and Saudi Arabian Crown Prince Mohammed bin Salman could meet for the first time as soon as next month, CNN reported on Thursday, citing multiple sources.
Oil price falls 2.5% as US refiners ramp up output, equities retreat
HOUSTON:Oil prices fell 2.5% on Wednesday, reversing early gains as traders grew less worried about a supply crunch after government data showed U.S. refiners ramped up output, and as crude futures followed Wall Street lower.
Oil prices climb on hopes of China demand recovery (Update)
NEW YORK: After hitting seven-week highs, oil prices slumped 2% on Tuesday as Reuters reported that the United States could ease some restrictions on Venezuela's government, raising hopes that the market could see some additional supplies.
Oil settles higher on demand optimism
NEW YORK:Oil prices rose on Monday on optimism that China would see significant demand recovery after positive signs that the country's coronavirus pandemic was receding in the hardest-hit areas.
Oil prices going down as investors take profit; supply fear still looms
Oil prices fell on Monday, paring early gains as investors took profit following a surge in the previous session, albeit in the shadow of supply fear as the European Union prepares an import ban on Russian crude and with limited increase in OPEC output.
Oil prices drop on profit-taking, supply fears linger
TOKYO: Oil prices slipped on Monday, giving up earlier gains as investors took profits after a surge in the previous session, but global supply fears loomed with the European Union preparing to phase in a ban on imports from Russia.
UAE president Sheikh Khalifa bin Zayed passes away
DUBAI (Reuters) -United Arab Emirates President Sheikh Khalifa Bin Zayed Al Nahyan has passed away, the Ministry of Presidential Affairs said on Friday. He was also ruler of Abu Dhabi emirate.
Petrol prices in Vietnam continue to soar, causing more challenges for transport firms
HANOI (Vietnam News/Asia News Network): The retail prices of oil and petrol continued to rise from May 11 following the latest adjustment by the Ministry of Industry and Trade and Ministry of Finance.
S&P Global Commodity Insights: Oil price volatility is here to stay as supply, demand risks abound
A number of fears have gripped the oil market – recession, demand destruction, supply disruptions and rock bottom spare capacity to name a few, –so volatile prices are not surprising and are here to stay.
Oil price settles mixed amid Beijing lockdown fears, tight supplies
NEW YORK: Oil prices settled mixed on Thursday as supply concerns and geopolitical tension in Europe got the upper hand over the economic fears dogging financial markets as inflation soars.
