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Home > Tradeline News > Entries tagged oil prices
  • Trump Administration Divided Over OPEC Oil Policy

    Posted March 11, 2019

    Under Economic Issues, International Trade Issues

    Key figures in the White House are reportedly split over proposed bipartisan legislation in Congress that would authorize the U.S. government to sue OPEC countries for alleged oil price manipulation.  Continue Reading

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    Tags: trump administration,u.s. congress,organization of petroleum exporting countries, opec,nopec legislation,oil prices,cartels,oil price manipulation,sovereign immunity

  • OPEC Cuts Oil Supply Steeply but Sees Growing 2019 Headwinds

    Posted February 12, 2019

    Under Economic Issues, International Trade Issues

    Oil prices rose yesterday amid OPEC-led supply cuts and sanctions against Iran and Venezuela, although analysts expect U.S. production and economic growth concerns to keep markets in check.  Continue Reading

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    Tags: organization of petroleum exporting countries, opec,trump administration,economic sanctions,venezuela,iran,crude oil production,shale oil drilling,oil prices,economic outlook,global economy

  • Oil Prices Rally as U.S. Sanctions on Venezuela Ease Supply Worries

    Posted January 29, 2019

    Under Economic Issues, International Trade Issues

    Oil prices rebounded on Tuesday from recent steep losses after Washington imposed sanctions on Venezuelan state-owned oil firm PDVSA in a move that may sharply curb the country’s crude exports.  Continue Reading

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    Tags: oil prices,trump administration,venezuela,petróleos de venezuela, s.a., pdvsa,trade sanctions,saudi arabia,crude oil production

  • Canada Manufacturing Growth Slows to Two-Year Low in December

    Posted January 02, 2019

    Under Economic Issues, International Trade Issues

    Canadian manufacturers experienced a renewed slowdown in growth at the end of 2018, with both production volumes and incoming new work expanding at softer rates, according to new data.  Continue Reading

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    Tags: canadian manufacturing,canadian economy,ihs markit,purchasing managers index, pmi,business confidence,canadian exports,energy sector,oil prices

  • Why OPEC Might be Headed for Even More Cuts in 2019

    Posted December 13, 2018

    Under Economic Issues, International Trade Issues

    Production cuts agreed by OPEC and its allies are on track to balance global oil markets in the first half of 2019, but booming U.S. shale supplies and shaky fuel consumption could still foment a new glut.  Continue Reading

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    Tags: organization of petroleum exporting countries, opec,saudi arabia,opec+,russia,crude oil production,oil prices,oil supply,global economy,shale oil production,economic forecasts

  • Moody’s Downgrades Maersk’s Credit Rating Amid Fears for Box Shipping Sector

    Posted December 10, 2018

    Under Economic Issues, International Trade Issues, Logistics & Supply Chain Issues

    Maersk’s investment bonds were cut by the bureau to one grade above junk status based on growing concerns about “significant downside risks facing the container shipping industry” in the coming year.  Continue Reading

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    Tags: container shipping,maritime cargo,ap møller-maersk,moody's investor service,investment bonds,credit rating,economic forecast,bunker fuel surcharge,oil prices,international maritime organization, imo,low-sulphur fuels,carbon emissions,global trade,global logistics,trade wars,trade disputes,china

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