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June 4, 2020
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CNBC Business

Russia declares state of emergency after massive oil spill in the Arctic Circle

CNBC
CNBC – For more and to sign up click here A helicopter view of the site of a diesel fuel spill at Norilsk’s Combined Heat and Power Plant No 3. Andrei Marmyshev President Vladimir Putin has declared a state of emergency in a region within the Arctic Circle in far......
Reuters - Business

Oil falls from $40 on doubts over early OPEC meeting

Reuters
LONDON (Reuters) – Oil fell after touching its highest since March at more than $40 a barrel on Wednesday, pressured by doubts that an early meeting of OPEC and its allies to extend existing output cuts will take place. FILE PHOTO: The sun sets behind an oil pump outside Saint-Fiacre,......
Food Business News

Outlook promising for soybean oil buyers

FoodBusinessNews
KANSAS CITY — Barring unexpectedly heavy Chinese purchases of US soybeans or a weather threat to the 2020 soybean crop, food industry ingredient buyers may expect to see relatively low, which is to say favorable, soybean oil prices continuing into the fall, Paul Meyers, vice president, commodity analysis, Foresight Commodity......
Reuters - Business

Oil tops $40 on OPEC cuts and demand recovery

Reuters
LONDON (Reuters) – Oil climbed above $40 a barrel for the first time since March on Wednesday, supported by signs of recovery in coronavirus-hit demand, lower U.S. inventories and expectations that OPEC+ will keep oil output cuts in place. FILE PHOTO: The sun sets behind an oil pump outside Saint-Fiacre,......
CNBC Business

Oil prices hit 3-month highs on expectations OPEC+ will extend deepest-ever production cuts

CNBC
CNBC – For more and to sign up click here An Austrian army member stands next to the logo of the Organization of the Petroleoum Exporting Countries (OPEC) in front of OPEC’s headquarters in Vienna, Austria April 9, 2020. Leonhard Foeger | Reuters Oil prices continued to march higher on......
Reuters - Business

China drives global oil demand recovery out of coronavirus collapse

Reuters
BEIJING/NEW YORK/TOKYO (Reuters) – China’s oil demand has recovered to more than 90% of the levels seen before the coronavirus pandemic struck early this year, a surprisingly robust rebound that could be mirrored elsewhere in the third quarter as more countries emerge from lockdowns. FILE PHOTO: Oil and gas tanks......
Reuters - Business

BlackRock focuses on China credit, oil and travel in Asia

Reuters
The BlackRock logo is seen outside of its offices in New York City, U.S., October 17, 2016. REUTERS/Brendan McDermid SINGAPORE (Reuters) – The world’s biggest asset manager, BlackRock Inc (BLK.N), called out oil stocks, domestic tourism and debt in China and India as investment opportunities in its Asia outlook on......
Reuters - Business

Brent oil rises to $40 amid hopes for output cuts, recovery

Reuters
TOKYO (Reuters) – Oil rose on Wednesday, with Brent at $40 for the first time since March, as optimism mounted that major producers will extend production cuts and a recovery from the coronavirus pandemic will spur fuel demand. FILE PHOTO: The sun sets behind an oil pump outside Saint-Fiacre, near......
Reuters - Business

Oil hits three-month high over hopes for output cuts

Reuters
FILE PHOTO: The sun sets behind an oil pump outside Saint-Fiacre, near Paris, France September 17, 2019. REUTERS/Christian Hartmann TOKYO (Reuters) – Oil rose on Wednesday to a near three-month high amid optimism that major producers will extend production cuts as the world recovers from the coronavirus pandemic. Brent crude......
Reuters - Business

U.S. sanctions four shipping firms for transporting Venezuelan oil

Reuters
(Reuters) – The U.S. Treasury Department on Tuesday said it had sanctioned four shipping firms for transporting Venezuelan oil, the latest escalation in Washington’s effort to oust socialist President Nicolas Maduro by cutting off the OPEC nation’s crude exports. FILE PHOTO: U.S. Secretary of State Mike Pompeo speaks to the......
Reuters - Business

Oil prices rise ahead of OPEC+ meeting on extended output cuts

Reuters
SINGAPORE/MELBOURNE (Reuters) – Oil prices rose on Tuesday, with traders waiting to see whether major producers agree to extend their huge output cuts to shore up prices at a virtual meeting expected later this week. FILE PHOTO: Crude oil storage tanks are seen in an aerial photograph at the Cushing......
Reuters - Business

Oil prices hold ground ahead of OPEC+ meeting on extended output cuts

Reuters
FILE PHOTO: Crude oil storage tanks are seen in an aerial photograph at the Cushing oil hub in Cushing, Oklahoma, U.S., April 21, 2020. REUTERS/Drone Base/File Photo MELBOURNE (Reuters) – Oil prices rose in early trade on Tuesday, with traders waiting to see whether major crude producers agree to extend......
Reuters - Business

Oil steady as OPEC+ considers extension to crude curbs

Reuters
FILE PHOTO: A pump jack on a lease owned by Parsley Energy operates in the Permian Basin near Midland, Texas U.S. August 23, 2018. Picture taken August 23, 2018. REUTERS/Nick Oxford LONDON (Reuters) – Oil prices were steady on Monday helped by reports that OPEC and Russia were closer to......
Reuters - Business

Crude prices fall on concerns of U.S. riots, even as OPEC meeting advanced

Reuters
NEW YORK (Reuters) – Oil prices fell due to concerns about riots in major U.S. cities that could staunch demand after trading higher on optimism that OPEC would extend or enhance production cuts at a meeting in June. FILE PHOTO: A pump jack on a lease owned by Parsley Energy......
Reuters - Business

Russia has no objection to earlier OPEC+ meeting: sources

Reuters
FILE PHOTO: A 3D printed oil pump jack is seen in front of the OPEC logo in this illustration picture, April 14, 2020. REUTERS/Dado Ruvic/Illustration/File Photo MOSCOW/LONDON (Reuters) – Russia has no objection to the next meeting of OPEC and its allies, known as OPEC+, being brought forward to June......
Reuters - Business

Credit Suisse’s Rohner sees no big hit from oil & gas exposure: SRF

Reuters
FILE PHOTO: Chairman Urs Rohner of Swiss bank Credit Suisse takes part in a panel discussion at the Swiss International Financial Forum (SIFF) in Rueschlikon, Switzerland November 6, 2019. REUTERS/Arnd Wiegmann ZURICH (Reuters) – Credit Suisse will not take a significant hit from its exposure to the battered oil and......
Cleveland Scene

Best CBD Oil for Sleep: Our Top Picks

ClevelandScene
click to enlarge Everyday life, stress from work, worries about finances and other problems we are facing constantly are often triggering pain, anxiety, or lead to various health conditions. Naturally, everyone is looking for a relief mainly through medicine, but even more through incorporating healthy habits into their daily routine.......
Reuters - Business

Oil surges 5% on U.S.-China trade optimism, falling crude output

Reuters
NEW YORK (Reuters) – Oil prices soared on Friday, with U.S. futures closing out May with record monthly gains, on hopes that the U.S.-China trade deal would remain intact and on falling crude production. FILE PHOTO: An oil pump is seen just after sunset outside Saint-Fiacre, near Paris, France September......
New York Post

Trump’s fossil fuel agenda gets pushback from federal judges

NYPost
BILLINGS, Mont. — Federal courts have delivered a string of rebukes to the Trump administration over what they found were failures to protect the environment and address climate change as it promotes fossil fuel interests and the extraction of natural resources from public lands. Judges have ruled administration officials ignored......

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