Oil Extends Gains After US Exports Jump Amid Tightening Supply

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Oil Extends Gains After US Exports Jump Amid Tightening Supply

Bloomberg2022-08-25

Oil rose for a third session after a government report showed the US shipped a record amount of crude and refined products overseas as energy-starved economies scramble for supplies.West Texas ...

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dadaho
·2022-08-26
Good
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Terri1
·2022-08-26
Tks
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1
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robot1234
·2022-08-26
Oil Ends Below $100 Again as Biden Admin to Okay an Iran Deal in U.S. Interest. The White House says an Iran nuclear deal that’s good for the United States will be good for the Biden administration. And that was good enough to send oil tanking back to below $100 a barrel on Thursday.“If it is in our best interests, the U.S. will agree to the Iran deal,” White House spokeswoman Karine Jean-Pierre told a media conference Thursday as the back-and-forth effort to revive Iran’s 2015 nuclear deal with global powers went forth again, threatening to deliver an additional one million barrels per day of crude into the market should Tehran win reprieve from U.S. sanctions.“Granted that there’s been a lot of back-and-forth on Iran over the 20 months of this administration and even now, there’s no guar
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Looyusooi
·2022-08-25
ok
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The volume of crude and products such as diesel exported from the US last week was the highest in data going back to February 1991, according to the Energy Information Administration.Crude is heading for a weekly gain as signs of a tightening supply outlook offset concerns over an economic slowdown. Exports from Kazakhstan may be disrupted for months due to damage at a terminal, while Saudi Arabia has flagged potential production cuts by OPEC+ to calm a volatile market. Other members of the cartel including Iraq and Kuwait expressed support.Investors are also watching for progress on the revival of a nuclear deal with Iran, which could lead to a surge in energy flows from the OPEC producer. The Persian Gulf nation said it’s reviewing the Biden administration’s response to an EU-drafted plan to rescue the 2015 accord, including US comments on amendments suggested by Tehran.Iran will seek to fill the void left by Russia in Europe, and try to win back customers in countries like Greece, Italy, Spain and Turkey if a deal is secured, according to people familiar with the matter. Moscow has also approached several Asian countries to discuss possible long-term oil contracts at steep discounts as US officials continue to push a price-cap plan.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9995206870,"gmtCreate":1661471482992,"gmtModify":1676536524130,"author":{"id":"3561596430587504","authorId":"3561596430587504","name":"robot1234","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":6,"crmLevelSwitch":1,"idStr":"3561596430587504","authorIdStr":"3561596430587504"},"htmlText":"Oil Ends Below $100 Again as Biden Admin to Okay an Iran Deal in U.S. Interest. The White House says an Iran nuclear deal that’s good for the United States will be good for the Biden administration. And that was good enough to send oil tanking back to below $100 a barrel on Thursday.“If it is in our best interests, the U.S. will agree to the Iran deal,” White House spokeswoman Karine Jean-Pierre told a media conference Thursday as the back-and-forth effort to revive Iran’s 2015 nuclear deal with global powers went forth again, threatening to deliver an additional one million barrels per day of crude into the market should Tehran win reprieve from U.S. sanctions.“Granted that there’s been a lot of back-and-forth on Iran over the 20 months of this administration and even now, there’s no guar","listText":"Oil Ends Below $100 Again as Biden Admin to Okay an Iran Deal in U.S. Interest. The White House says an Iran nuclear deal that’s good for the United States will be good for the Biden administration. And that was good enough to send oil tanking back to below $100 a barrel on Thursday.“If it is in our best interests, the U.S. will agree to the Iran deal,” White House spokeswoman Karine Jean-Pierre told a media conference Thursday as the back-and-forth effort to revive Iran’s 2015 nuclear deal with global powers went forth again, threatening to deliver an additional one million barrels per day of crude into the market should Tehran win reprieve from U.S. sanctions.“Granted that there’s been a lot of back-and-forth on Iran over the 20 months of this administration and even now, there’s no guar","text":"Oil Ends Below $100 Again as Biden Admin to Okay an Iran Deal in U.S. Interest. The White House says an Iran nuclear deal that’s good for the United States will be good for the Biden administration. And that was good enough to send oil tanking back to below $100 a barrel on Thursday.“If it is in our best interests, the U.S. will agree to the Iran deal,” White House spokeswoman Karine Jean-Pierre told a media conference Thursday as the back-and-forth effort to revive Iran’s 2015 nuclear deal with global powers went forth again, threatening to deliver an additional one million barrels per day of crude into the market should Tehran win reprieve from U.S. sanctions.“Granted that there’s been a lot of back-and-forth on Iran over the 20 months of this administration and even now, there’s no guar","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9995206870","repostId":1185942515,"repostType":4,"repost":{"id":"1185942515","kind":"news","pubTimestamp":1661392095,"share":"https://ttm.financial/m/news/1185942515?lang=&edition=fundamental","pubTime":"2022-08-25 09:48","market":"fut","language":"en","title":"Oil Extends Gains After US Exports Jump Amid Tightening Supply","url":"https://stock-news.laohu8.com/highlight/detail?id=1185942515","media":"Bloomberg","summary":"Oil rose for a third session after a government report showed the US shipped a record amount of crud","content":"<html><head></head><body><p>Oil rose for a third session after a government report showed the US shipped a record amount of crude and refined products overseas as energy-starved economies scramble for supplies.</p><p>West Texas Intermediate edged above $95 a barrel after closing 1.2% higher on Wednesday. The volume of crude and products such as diesel exported from the US last week was the highest in data going back to February 1991, according to the Energy Information Administration.</p><p>Crude is heading for a weekly gain as signs of a tightening supply outlook offset concerns over an economic slowdown. Exports from Kazakhstan may be disrupted for months due to damage at a terminal, while Saudi Arabia has flagged potential production cuts by OPEC+ to calm a volatile market. Other members of the cartel including Iraq and Kuwait expressed support.</p><p>Investors are also watching for progress on the revival of a nuclear deal with Iran, which could lead to a surge in energy flows from the OPEC producer. The Persian Gulf nation said it’s reviewing the Biden administration’s response to an EU-drafted plan to rescue the 2015 accord, including US comments on amendments suggested by Tehran.</p><p>Iran will seek to fill the void left by Russia in Europe, and try to win back customers in countries like Greece, Italy, Spain and Turkey if a deal is secured, according to people familiar with the matter. Moscow has also approached several Asian countries to discuss possible long-term oil contracts at steep discounts as US officials continue to push a price-cap plan.</p><p></p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Oil Extends Gains After US Exports Jump Amid Tightening Supply</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOil Extends Gains After US Exports Jump Amid Tightening Supply\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-25 09:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/oil-extends-gains-us-exports-000506900.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Oil rose for a third session after a government report showed the US shipped a record amount of crude and refined products overseas as energy-starved economies scramble for supplies.West Texas ...</p>\n\n<a href=\"https://finance.yahoo.com/news/oil-extends-gains-us-exports-000506900.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/oil-extends-gains-us-exports-000506900.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1185942515","content_text":"Oil rose for a third session after a government report showed the US shipped a record amount of crude and refined products overseas as energy-starved economies scramble for supplies.West Texas Intermediate edged above $95 a barrel after closing 1.2% higher on Wednesday. The volume of crude and products such as diesel exported from the US last week was the highest in data going back to February 1991, according to the Energy Information Administration.Crude is heading for a weekly gain as signs of a tightening supply outlook offset concerns over an economic slowdown. Exports from Kazakhstan may be disrupted for months due to damage at a terminal, while Saudi Arabia has flagged potential production cuts by OPEC+ to calm a volatile market. Other members of the cartel including Iraq and Kuwait expressed support.Investors are also watching for progress on the revival of a nuclear deal with Iran, which could lead to a surge in energy flows from the OPEC producer. The Persian Gulf nation said it’s reviewing the Biden administration’s response to an EU-drafted plan to rescue the 2015 accord, including US comments on amendments suggested by Tehran.Iran will seek to fill the void left by Russia in Europe, and try to win back customers in countries like Greece, Italy, Spain and Turkey if a deal is secured, according to people familiar with the matter. Moscow has also approached several Asian countries to discuss possible long-term oil contracts at steep discounts as US officials continue to push a price-cap plan.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9995921002,"gmtCreate":1661395955808,"gmtModify":1676536511531,"author":{"id":"4100437715079400","authorId":"4100437715079400","name":"Looyusooi","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"4100437715079400","authorIdStr":"4100437715079400"},"htmlText":"ok","listText":"ok","text":"ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9995921002","repostId":1185942515,"repostType":4,"repost":{"id":"1185942515","kind":"news","pubTimestamp":1661392095,"share":"https://ttm.financial/m/news/1185942515?lang=&edition=fundamental","pubTime":"2022-08-25 09:48","market":"fut","language":"en","title":"Oil Extends Gains After US Exports Jump Amid Tightening Supply","url":"https://stock-news.laohu8.com/highlight/detail?id=1185942515","media":"Bloomberg","summary":"Oil rose for a third session after a government report showed the US shipped a record amount of crud","content":"<html><head></head><body><p>Oil rose for a third session after a government report showed the US shipped a record amount of crude and refined products overseas as energy-starved economies scramble for supplies.</p><p>West Texas Intermediate edged above $95 a barrel after closing 1.2% higher on Wednesday. The volume of crude and products such as diesel exported from the US last week was the highest in data going back to February 1991, according to the Energy Information Administration.</p><p>Crude is heading for a weekly gain as signs of a tightening supply outlook offset concerns over an economic slowdown. Exports from Kazakhstan may be disrupted for months due to damage at a terminal, while Saudi Arabia has flagged potential production cuts by OPEC+ to calm a volatile market. Other members of the cartel including Iraq and Kuwait expressed support.</p><p>Investors are also watching for progress on the revival of a nuclear deal with Iran, which could lead to a surge in energy flows from the OPEC producer. The Persian Gulf nation said it’s reviewing the Biden administration’s response to an EU-drafted plan to rescue the 2015 accord, including US comments on amendments suggested by Tehran.</p><p>Iran will seek to fill the void left by Russia in Europe, and try to win back customers in countries like Greece, Italy, Spain and Turkey if a deal is secured, according to people familiar with the matter. Moscow has also approached several Asian countries to discuss possible long-term oil contracts at steep discounts as US officials continue to push a price-cap plan.</p><p></p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Oil Extends Gains After US Exports Jump Amid Tightening Supply</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOil Extends Gains After US Exports Jump Amid Tightening Supply\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-25 09:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/oil-extends-gains-us-exports-000506900.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Oil rose for a third session after a government report showed the US shipped a record amount of crude and refined products overseas as energy-starved economies scramble for supplies.West Texas ...</p>\n\n<a href=\"https://finance.yahoo.com/news/oil-extends-gains-us-exports-000506900.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/oil-extends-gains-us-exports-000506900.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1185942515","content_text":"Oil rose for a third session after a government report showed the US shipped a record amount of crude and refined products overseas as energy-starved economies scramble for supplies.West Texas Intermediate edged above $95 a barrel after closing 1.2% higher on Wednesday. The volume of crude and products such as diesel exported from the US last week was the highest in data going back to February 1991, according to the Energy Information Administration.Crude is heading for a weekly gain as signs of a tightening supply outlook offset concerns over an economic slowdown. Exports from Kazakhstan may be disrupted for months due to damage at a terminal, while Saudi Arabia has flagged potential production cuts by OPEC+ to calm a volatile market. Other members of the cartel including Iraq and Kuwait expressed support.Investors are also watching for progress on the revival of a nuclear deal with Iran, which could lead to a surge in energy flows from the OPEC producer. The Persian Gulf nation said it’s reviewing the Biden administration’s response to an EU-drafted plan to rescue the 2015 accord, including US comments on amendments suggested by Tehran.Iran will seek to fill the void left by Russia in Europe, and try to win back customers in countries like Greece, Italy, Spain and Turkey if a deal is secured, according to people familiar with the matter. Moscow has also approached several Asian countries to discuss possible long-term oil contracts at steep discounts as US officials continue to push a price-cap plan.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":31,"commentSize":4,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}