Newsfeeds - Spark Newswire

2 minute read

Oil Loses Steam: With OPEC+ Supply Cut Baked In, All Eyes Now On ECB, Fed Rate Decisions

Today, 3:56 AM

Oil prices fell in Asia trading on Wednesday, dragged by worries over potential rate hikes by the European Central Bank (ECB) and Federal Reserve this month, as well as extended COVID-led lockdowns in China.

BNO

2 minute read

Oil Maintains Gains After This OPEC+ Decision: Iranian Nuclear Deal Talks Setback Lends Support

By Bhavik Nair

Today, 3:56 AM

Oil maintained gains from the previous session on Tuesday morning in Asia trading after the Organization of Petroleum Exporting Countries and allies including Russia (OPEC+) decided on a modest 100,000 barrel-a-day supply cut while adding that the group may do more in the fourth quarter if necessary.

BNO