Saturday, May 21, 2022

All posts tagged "oil"

  • Iran Snubs Doha Proposal, Won’t Freeze on Oil Output Levels

    TEHRAN, Iran – Iran appeared Wednesday to back a plan laid out by four influential oil producers to cap their crude output if others do the same, though it offered no indication that it has any plans...

    • Posted February 17, 2016
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  • Maduro to Transfer Control of Oil Resources to Venezuela Military

    SAN JUAN – Venezuelan President Nicolás Maduro signed this week an official decree creating the Military Corporation for Mining, Oil and Gas (Camimpeg by its Spanish acronym), a megacorporation under the Ministry of Defense that will be...

    • Posted February 17, 2016
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  • US Factory Output Rises in January by Most in 6 Months

    WASHINGTON – U.S. factories cranked out more autos, furniture and food last month, boosting production by the most since July. The Federal Reserve says manufacturing output rose 0.5 percent in January, after falling in four of the...

    • Posted February 17, 2016
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  • Russia, Saudis Tentatively Offer to Freeze Oil Output Levels

    DUBAI, United Arab Emirates – Oil powerhouses Russia and Saudi Arabia joined Qatar and Venezuela in pledging Tuesday to cap their crude output if other producers do the same, aiming to halt a slide that has pushed...

    • Posted February 16, 2016
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  • US Stocks Rising for the Second Day in a Row in Broad Rally

    NEW YORK – Stocks closed broadly higher as the market notched its second sizable gain in a row. Retail and industrial stocks made the biggest gains as they were lifted by company earnings, some good news from...

    • Posted February 16, 2016
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  • World Stocks Rally After Japan’s Nikkei Jumps 7.2 Percent

    HONG KONG – World stocks rallied on Monday, led by a jump in Japan’s main index, amid hopes for more stimulus from central banks in Europe and Japan. Will Wall Street closed for Presidents’ Day, Japan’s benchmark...

    • Posted February 15, 2016
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  • Iran Exports First Oil Shipment to Europe Since Nuclear Deal

    TEHRAN, Iran – Iran says it has exported its first crude oil shipment to Europe since it reached a landmark nuclear deal with world powers, the official IRNA news agency reported Sunday. IRNA quoted Deputy Oil Minister...

    • Posted February 14, 2016
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  • 5.1 and 3.9 Magnitude Earthquakes Recorded in Oklahoma

    OKLAHOMA CITY – A 5.1 magnitude earthquake shook northwest Oklahoma and was felt in seven other states on Saturday, the U.S. Geological Survey said, the third-strongest temblor ever recorded in the state where the power and frequency...

    • Posted February 13, 2016
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  • US Stocks End a Down Week on an Up Note

    U.S. stocks ended a down week on a high note Friday, snapping a five-day losing streak on the strength of energy and financial companies. A sharp rebound in oil prices and an encouraging report on retail sales...

    • Posted February 12, 2016
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  • Eurozone Economy Ends 2015 with Whimper as Dark Clouds Grow

    LONDON – The 19-country eurozone is in its longest stretch of economic expansion since the global financial crisis in 2008 but growth remains paltry despite a series of tail winds and is susceptible to a reverse if...

    • Posted February 12, 2016
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