Layer3.news

CRUDE PRICES TUMBLE ON DOLLAR STRENGTH AND EASING GEOPOLITICAL RISKS

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✍️ Crude oil and gasoline prices fell sharply on Wednesday due to a strong dollar and a report on potential US-Russia cooperation to end the war in Ukraine.

👉 Crude oil and gasoline prices fell sharply on Wednesday 👉 The dollar index rose to a 2-week high, making energy prices less attractive 👉 The US and Russia are secretly working together to end the war in Ukraine 👉 EIA reported a mixed inventory report 👉 Crude supplies fell more than expected, but gasoline and distillate stockpiles rose

-- #Russia #Ukraine #US #GulfofOman #Venezuela #Cushing #energy

CRUDE PRICES RETREAT ON DOLLAR STRENGTH AND POSSIBLE UKRAINE PEACE DEAL

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✍️ Crude oil and gasoline prices are lower due to a strong dollar and reports of reduced Russian crude exports, while US crude production and OPEC+ production hikes provide underlying support.

👉 Crude oil and gasoline prices are lower due to a strong dollar and reports of reduced Russian crude exports 👉 US crude production and OPEC+ production hikes provide underlying support for oil prices 👉 OPEC+ announced a production hike of +137,000 bpd in December, but will pause production hikes in Q1-2026 due to an emerging global oil surplus 👉 EIA reported a mixed inventory report, with crude inventories falling more than expected, but gasoline and distillate stockpiles rising more than expected

-- #Russia #Ukraine #GulfofOman #Venezuela #Cushing #world

OIL STEADY AFTER THREE-DAY DROP WITH FOCUS ON RUSSIA, STOCKPILES

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✍️ Oil prices held steady as investors assessed the impact of Western sanctions against Russian crude producers, while US President Donald Trump threatened to impose harsh new sanctions on Moscow.

👉 Oil prices held steady as investors assessed the impact of Western sanctions against Russian crude producers 👉 US President Donald Trump threatened to impose harsh new sanctions on Moscow 👉 Indian state-owned refiners are considering whether they can continue to take discounted Russian oil 👉 Some processors will pause purchases of Russian oil for now

-- #DonaldTrump #VladimirPutin #MatthewWhitaker #XiJinping #EmilyAshford #JohnDeane #ZohranMamdani #KylaScanlon #Russia #Ukraine #India #Oklahoma #Cushing #business

CRUDE PRICES JUMP ON POSSIBLE US-INDIA TRADE DEAL AND LOWER EIA INVENTORIES

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✍️ Crude oil and gasoline prices rallied sharply on Wednesday, posting one-week highs, driven by news of a potential US-India trade deal and unexpected decline in EIA crude inventories.

👉 Crude oil and gasoline prices rallied sharply on Wednesday, posting one-week highs. 👉 News of a potential US-India trade deal could see India gradually reduce its imports of Russian crude, potentially boosting oil demand from alternative suppliers. 👉 EIA crude inventories unexpectedly declined, supporting crude prices. 👉 Cooling tensions in the Middle East have reduced some of the risk premium in crude prices. 👉 Reduced crude exports from Russia are supportive of oil prices.

-- #India #Russia #Ukraine #Iraq #Turkey #Israel #Hamas #MiddleEast #Cushing #business

CRUDE OIL RALLIES ON POSSIBLE US-INDIA TRADE DEAL AND UNEXPECTED DRAW IN EIA INVENTORIES

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✍️ Crude oil and gasoline prices are up sharply, reaching one-week highs, due to a potential trade deal between the US and India, and a decline in US crude inventories.

👉 US and India nearing a trade deal that could reduce Russian crude imports 👉 Weekly EIA report shows decline in US crude inventories 👉 Concerns about global supply glut 👉 Reduced crude exports from Russia 👉 Potential increase in global oil supplies from Iraq

-- #India #Russia #Ukraine #Iraq #Turkey #Israel #Hamas #Cushing #business

CRUDE PRICES TUMBLE ON REDUCED SUPPLY FEARS

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✍️ Crude oil and gasoline prices fell on Thursday due to an unexpected increase in crude inventories and rising US crude production, despite support from a weaker dollar and UK sanctions on Russian oil producers.

👉 Crude oil and gasoline prices fell on Thursday 👉 Unexpected increase in crude inventories 👉 Rising US crude production 👉 Weaker dollar 👉 UK sanctions on Russian oil producers 👉 Outlook for higher crude production in Iraq 👉 Potential increase in OPEC+ production

-- #Russia #Ukraine #UK #China #India #Iraq #Turkey #Cushing #business

CRUDE PRICES SLIP AS WEEKLY EIA CRUDE INVENTORIES UNEXPECTEDLY CLIMB

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✍️ Crude oil and gasoline prices fell after weekly EIA inventories unexpectedly increased and US crude production rose to a record high.

👉 Weekly EIA crude inventories unexpectedly increased 👉 US crude production rose to a record high 👉 UK imposed sanctions on Russian oil producers 👉 Iraq announced agreement to resume oil exports from Kurdistan 👉 Russia's crude export capabilities curbed due to Ukrainian attacks

-- #UK #Russia #China #India #MiddleEast #Iraq #Kurdistan #Turkey #Ukraine #Cushing #business

OIL CLIMBS WITH INVENTORIES SEEN DECLINING AT KEY US STORAGE HUB

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✍️ Oil prices rose after a report showed a decline in stockpiles at a key US storage hub, but gains are capped by the outlook for ample global supplies.

👉 Oil prices rose after a report showed a decline in stockpiles at a key US storage hub 👉 The American Petroleum Institute reported a 1.8 million-barrel weekly drop in stockpiles at the Cushing hub in Oklahoma 👉 OPEC+ is increasing production and the US is forecasting record output this year 👉 Russian exports are close to a 16-month high due to Ukrainian drone strikes against refineries 👉 Goldman Sachs Group Inc. reaffirmed its bearish outlook on oil, predicting a global market surplus and lower prices

-- #KeshavLohiya #YuliaGrigsby #Oklahoma #Cushing #Russia #Ukraine #business

ENERGY DEMAND CONCERNS UNDERCUT CRUDE PRICES

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✍️ Crude oil and gasoline prices fell on Wednesday due to concerns over energy demand, but were supported by lower-than-expected inventory reports and tensions in the Ukraine-Russia conflict.

👉 Crude oil and gasoline prices fell on Wednesday due to concerns over energy demand 👉 Weaker-than-expected US housing starts and building permits reports raised concerns over energy demand 👉 Lower-than-expected inventory reports from the EIA supported prices 👉 Tensions in the Ukraine-Russia conflict curbed Russian crude exports and tightened global oil supplies 👉 The US proposed new economic sanctions against Russia 👉 OPEC+ agreed to raise its crude production by 137,000 barrels per day in October

-- #Ukraine #Russia #US #Cushing #business

DOLLAR STRENGTH AND ENERGY DEMAND CONCERNS WEIGH ON CRUDE PRICES

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✍️ Crude oil and gasoline prices are under pressure due to a stronger dollar, but are supported by tighter global supplies and concerns about the ongoing war in Ukraine.

👉 Crude oil and gasoline prices are down due to a stronger dollar 👉 Tighter global supplies are supporting prices 👉 The war in Ukraine is curbing Russian crude exports and tightening global oil supplies 👉 The IEA has boosted its 2026 global crude surplus estimate, which is bearish for crude prices

-- #RichAsplund #Ukraine #Russia #BalticCoast #Cushing #business

GEOPOLITICAL RISKS SUPPORT CRUDE PRICES

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✍️ Crude oil and gasoline prices rose on Wednesday due to escalating geopolitical risks in Europe and the Middle East, despite a bearish EIA inventory report.

👉 Crude oil and gasoline prices rose on Wednesday due to escalating geopolitical risks in Europe and the Middle East. 👉 Poland shot down Russian drones that crossed into its territory, and Israel launched a strike on Doha, Qatar. 👉 OPEC+ agreed to raise its crude production by 137,000 bpd, starting in October. 👉 The ongoing war in Ukraine and concerns about additional sanctions on Russian energy exports also supported prices. 👉 A bearish EIA inventory report showed weekly crude supplies unexpectedly expanded and gasoline stockpiles rose more than expected.

-- #Poland #Russia #Ukraine #Israel #Qatar #Europe #MiddleEast #Cushing #world

GLOBAL GEOPOLITICAL RISKS PUSH CRUDE PRICES HIGHER

https://media.zenfs.com/en/barchart_com_477/5eb114cb4f1248050427a6c995a38dd1

✍️ Crude oil and gasoline prices are rising due to a weak dollar and escalating geopolitical risks in Europe and the Middle East.

👉 Crude oil and gasoline prices are rising due to a weak dollar 👉 Escalating geopolitical risks in Europe and the Middle East are bullish for crude prices 👉 OPEC+ has agreed to raise its crude production by 137,000 bpd, starting in October 👉 A bearish EIA inventory report showed weekly crude supplies unexpectedly expanded and gasoline stockpiles rose more than expected

-- #Poland #Russia #Ukraine #Qatar #Doha #Israel #Asia #Cushing #business

CRUDE PRICES SETTLE HIGHER AS SUPPLIES TIGHTEN

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✍️ Crude oil and gasoline prices rose on Wednesday as short covering emerged after the weekly EIA report showed a decline in crude inventories and oil supplies at Cushing.

👉 Crude oil and gasoline prices rose on Wednesday 👉 Short covering emerged after the weekly EIA report 👉 Weekly crude inventories and oil supplies at Cushing fell 👉 US crude oil production rose modestly 👉 Number of active US oil rigs fell to a 3.75-year low

-- #RichAsplund #SergeyLavrov #Russia #Ukraine #Cushing #business

CRUDE PRICES RECOVER AS WEEKLY EIA CRUDE INVENTORIES FALL MORE THAN EXPECTED

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✍️ Crude oil and gasoline prices recovered from early losses due to short covering after the weekly EIA report showed declines in crude inventories and supplies at Cushing.

👉 Crude oil and gasoline prices recovered from early losses 👉 Short covering pushed prices higher after the weekly EIA report 👉 Declines in crude inventories and supplies at Cushing supported prices 👉 Concerns about the Russian-Ukrainian war and OPEC production may have contributed to the price increase

-- #RichAsplund #RussianForeignMinisterLavrov #Russia #Ukraine #Cushing #business

CRUDE PRICES SUPPORTED BY DOLLAR WEAKNESS AND TIGHTER US SUPPLIES

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✍️ Crude oil and gasoline prices are rising due to dollar weakness and lower-than-expected inventories, but gains are limited by signs of progress in Ukraine peace talks.

👉 Crude oil and gasoline prices are rising due to dollar weakness and lower-than-expected inventories. 👉 Signs of progress in Ukraine peace talks are weighing on crude prices. 👉 OPEC+ is boosting output to reverse the 2-year-long production cut. 👉 Crude oil stored on tankers fell by -12% w/w to 82.49 million bbl in the week ended August 15.

-- #PresidentTrump #PresidentPutin #PresidentZelenskiy #RichAsplund #Ukraine #Russia #Cushing #business

CRUDE OIL FLOWS ON ENTERPRISE'S TEXAS SEAWAY PIPELINE FALL, LEAK REPORTED

https://media.zenfs.com/en/reuters-finance.com/66fb8969e4dda9a606cd67e7104ef033

✍️ Crude oil flows on the Seaway pipeline in Texas fell on Wednesday due to a leak on the system reported by the pipeline's operator to state regulators.

👉 Crude oil flows on the Seaway pipeline in Texas fell on Wednesday 👉 A leak on the Seaway pipeline system in Houston occurred on Tuesday night 👉 Operations on the pipeline are expected to be restored later on Wednesday 👉 The Seaway pipeline is jointly owned by Enbridge and Enterprise Products Partners

-- #NicoleJao #ArathySomasekhar #MarkPorter #NiaWilliams #NewYork #Texas #Cushing #Oklahoma #Freeport #Houston #EastHouston #business

CRUDE PRICES RETREAT ON CLAIMS OF PROGRESS IN ENDING RUSSIAN-UKRAINE WAR

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✍️ Crude oil prices fell on Wednesday after President Trump's meeting with Russian President Putin, sparking concerns about a global oil supply glut.

👉 Crude oil prices fell after President Trump's meeting with Russian President Putin 👉 OPEC+ announced an increase in its crude production for September 👉 European Union approved fresh sanctions on Russian oil 👉 US crude oil production fell modestly below the record high 👉 Number of active US oil rigs decreased to a new 3.75-year low

-- #PresidentTrump #RussianPresidentPutin #Witkoff #RichAsplund #Ukraine #Russia #SaudiArabia #India #Cushing #energy

US CRUDE EXPORTS HIT FOUR-YEAR LOW IN JULY ON LOW DOMESTIC SUPPLIES

https://media.zenfs.com/en/reuters.com/9cbd85f30dcd5a377ab31bd3ef6ab07b

✍️ U.S. crude oil exports declined to their lowest levels in nearly four years in July due to low domestic supplies and cheaper alternatives from Asian and European buyers.

👉 U.S. crude oil exports declined to 3.1 million barrels per day in July, the lowest level in nearly four years. 👉 The decline was due to low domestic supplies and cheaper alternatives from Asian and European buyers. 👉 The Trump administration's push for more foreign countries to purchase U.S. energy supplies had little impact on exports. 👉 The spread between European and U.S. benchmark crude futures narrowed, making it less economically attractive to ship barrels across the Atlantic.

-- #ArathySomasekhar #DonaldTrump #MattSmith #JeremyIrwin #Houston #Cushing #Oklahoma #Asia #Europe #SouthKorea #India #Pakistan #MiddleEast #U.S.GulfCoast #business

US CRUDE EXPORTS HIT FOUR-YEAR LOW IN JULY ON LOW DOMESTIC SUPPLIES

https://media.zenfs.com/en/reuters-finance.com/9cbd85f30dcd5a377ab31bd3ef6ab07b

✍️ U.S. crude oil exports declined to their lowest level in nearly four years in July due to low domestic supplies and cheaper alternatives from Asian and European buyers.

👉 U.S. crude oil exports declined to 3.1 million barrels per day in July, the lowest since October 2021 👉 Asian and European buyers found cheaper alternatives, reducing demand for U.S. crude 👉 The Trump administration's push for more foreign countries to purchase U.S. energy supplies had little impact on exports 👉 Markets are driven by economics, and companies prioritize profits

-- #ArathySomasekhar #MattSmith #JeremyIrwin #Houston #Oklahoma #Cushing #GulfCoast #Asia #Europe #business

OIL STEADIES AS SUPPLY DISRUPTION CONCERNS OFFSET STRONG DOLLAR

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✍️ Oil prices were steady in London as traders weighed supply disruptions in Iraq against a strong rebound in the dollar.

👉 Oil prices were steady in London 👉 Supply disruptions in Iraq due to drone attacks 👉 US dollar strengthened, typically a bearish indicator for commodities 👉 Forward curve for crude trading in backwardation 👉 Distillate stockpiles at lowest seasonal level since 1996 in the US 👉 Spread in futures between low-sulfur gasoil and Brent for September rose 7% this month

-- #JeromePowell #London #Iraq #Kurdistan #US #Cushing #business

CRUDE OIL GAINS ON ENERGY DEMAND OPTIMISM

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✍️ Crude oil and gasoline prices rose to 2-week highs due to comments from the UAE Energy Minister and Saudi Arabia's state-run Aramco, despite concerns about a global oil glut and tariff impacts.

👉 Crude oil and gasoline prices rose to 2-week highs 👉 Comments from the UAE Energy Minister and Saudi Arabia's state-run Aramco boosted sentiment 👉 Concerns about a global oil glut and tariff impacts continue to weigh on prices

-- #AugustWTIcrudeoil #UAEEnergyMinister #SaudiArabia'sstate-runAramco #RichAsplund #UAE #SaudiArabia #RedSea #MiddleEast #Cushing #business

EVERTON V CITY: KICK-OFF TIME, TEAM NEWS AND TV INFORMATION

https://media.zenfs.com/en/manchester_city_fc_articles_899/e87f90076f9d9730903573a323a4fef7

✍️ Manchester City is set to face Everton in a Premier League match on April 19th, with Pep Guardiola's team looking to bounce back from a draw in their previous encounter.

👉 Match details: Manchester City vs Everton, April 19th, 15:00 (UK) 👉 Supporters can follow the action on mancity.com and the Official Man City App 👉 Key moments will be posted on X/Twitter account: @ManCity 👉 Global TV listings available on livesoccertv.com

-- #PepGuardiola #KeithCurle #PaulLake #ChrisLatchem #AlistairMann #MichaelBrown #BernardoSilva #IlimanNdiaye #EberechiEze #ChrisRichards #KevinDeBruyne #OmarMarmoush #MateoKovacic #JamesMcAtee #NicoO'Reilly #DeanHenderson #ErlingHaaland #Cushing #Fowler #Kennedy #GoodisonPark #Merseyside #Etihad #sports

OKLAHOMA COACHES ASSOCIATION ANNOUNCES 2025 ALL-STATE BOYS BASKETBALL ROSTERS

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✍️ The Oklahoma Coaches Association announced its 2025 All-State boys basketball rosters, featuring top players from across the state.

👉 2025 All-State boys basketball rosters announced 👉 Games to be played at Tulsa Memorial High School on July 30 👉 Small-school and large-school matchups 👉 Coaches and assistants selected to lead the teams

-- #MattLohn #DerrickBull #JakeChristenson #JordanNagel #JohnHardaway #JaysonWilson #TimVanDuser #TonyMarris #JordanDavis #TulsaMemorialHighSchool #Purcell #Weatherford #Cushing #Sapulpa #Cashion #Sterling #SummitChristian #Moyers #Moore #DeerCreek #ElReno #Lawton #CrossingsChristian #Owasso #BrokenArrow #TulsaBookerT.Washington #NorthRockCreek #Idabel #TulsaUnion #SandSprings #CrookedOak #Hooker #Okarche #Granite #Millwood #Drummond #Marlow #Calumet #Sentinel #Riverside #Okay #Dale #SequoyahClaremore #Varnum #Pocola #WrightCity #Stuart #Chandler #sports

OIL ADVANCES AS FOCUS TURNS TO LOOMING TRUMP TARIFF MEASURES

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✍️ Oil prices edged up as traders awaited US tariff announcements, while equity markets rose and the US threatened to impose sanctions on Russia.

👉 Oil prices edged up as traders awaited US tariff announcements 👉 Equity markets rose, with two stocks rising for every one that fell on the S&P 500 Index 👉 The US is set to announce tariffs later Wednesday, with several proposals under consideration 👉 The US is threatening to impose sanctions on Russia 👉 Government data showed US crude inventories rose by a hefty 6.17 million barrels last week

-- #DonaldTrump #ArneLohmannRasmussen #VladimirPutin #US #Russia #Europe #NewYorkCity #NewHaven #Oklahoma #Cushing #business

BENCHMARK DIESEL UP A TINY BIT; FUTURES MARKETS ON TARIFF-DRIVEN WILD RIDE

https://media.zenfs.com/en/freightwaves_373/23c9d249a78acb9e7995e6994e2492aa

✍️ The weekly benchmark diesel price rose just one-tenth of 1 cent to $3.66 a gallon, a stark contrast to the wild ride in futures markets driven by the prospect of tariffs on imports of oil from Canada and Mexico.

👉 The weekly benchmark diesel price rose just one-tenth of 1 cent to $3.66 a gallon. 👉 The price increase is the smallest incremental move the price can make, barring no change at all. 👉 The Department of Energy/Energy Information Administration average retail diesel price has risen six weeks and fallen two in the past eight weeks. 👉 The latest price is 20.2 cents per gallon more than where it stood Dec. 9. 👉 Futures markets reacted to the prospect of tariffs on imports of oil from Canada and Mexico.

-- #PresidentDonaldTrump #Canada #Mexico #NewYorkHarbor #Oklahoma #Cushing #business

NYCFC FIRES HEAD COACH NICK CUSHING AFTER CONFERENCE SEMIFINAL DEFEAT

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✍️ Cushing has been with the organization since 2020 and became head coach midway through the 2022 season.

-- #Cushing #sports

NYCFC FIRES HEAD COACH NICK CUSHING AFTER CONFERENCE SEMIFINALS DEFEAT

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✍️ Cushing has been with the organization since 2020 and became head coach midway through the 2022 season.

-- #Cushing #sports

LL BEAN HEIRESS’S $3M COLLECTION OF WYETH PAINTINGS UP FOR AUCTION

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✍️ Twenty Wyeth paintings from the estate of Linda Bean, granddaughter of LL Bean's founder, are set to go up for auction in New York, valued at over $3 million.

👉 Twenty Wyeth paintings from Linda Bean's estate are up for auction 👉 The collection includes works by Andrew Wyeth, Jamie Wyeth, and NC Wyeth 👉 Norman Rockwell's 'A Scout is Loyal' is also part of the auction 👉 The auction is part of the American Art auction by Bonhams in New York

-- #LindaBean #AndrewWyeth #JamieWyeth #NCWyeth #NormanRockwell #LeonLeonwoodBean #Maine #NewYork #Freeport #PortClyde #Cushing #neutral #entertainment

20 WYETH PAINTINGS OWNED BY LL BEAN'S LATE GRANDDAUGHTER ARE SET TO BE AUCTIONED

https://s.abcnews.com/images/US/wirestory_595345e2564029d90a9050683c6bedf6_16x9_1600.jpg

✍️ A collection of 20 Wyeth paintings from the estate of Linda Bean, a Maine businesswoman and philanthropist, is set to go up for auction in New York, valued at over $3 million.

👉 20 Wyeth paintings from Linda Bean's estate 👉 Valued at over $3 million 👉 Part of Bonhams' American Art sale 👉 Features artwork by Andrew Wyeth, Jamie Wyeth, and N.C. Wyeth 👉 Includes Norman Rockwell's 1940 painting 'A Scout is Loyal'

-- #LindaBean #AndrewWyeth #JamieWyeth #N.C.Wyeth #NormanRockwell #LeonLeonwoodBean #NewYork #Maine #Freeport #PortClyde #Cushing #mainstream #entertainment

OIL DROPS AS SURGING US DOLLAR AND DEMAND CONCERNS TAKE A TOLL

https://media.zenfs.com/en/bloomberg_markets_842/8442a3a8d0889b3fe7b2098d022f5884

✍️ Oil prices fell as a strong US dollar and concerns over demand growth weighed on the market.

👉 Oil prices fell due to a strong US dollar 👉 Concerns over demand growth, particularly in China 👉 US Energy Information Administration reports India is now the leading source of demand growth in Asia 👉 OPEC+ supply moves, US monetary policy, and oil-demand growth risks being closely watched

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