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Home» Articles posted by Hailey Waller

Oil Jumps After Trump Leans Against Further Chinese Sanctions

Posted on July 15, 2020 by Hailey Waller in Transport Topics

Oil jumped to a four-month high after President Donald Trump indicated that he doesn’t want to add more sanctions against Chinese officials for now in a move to diffuse tensions with Beijing.

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Oil Falls on Signs OPEC+ Will Taper Cuts

Posted on July 13, 2020 by Hailey Waller in Transport Topics

Oil retreated before an OPEC+ committee meeting this week that may confirm the group’s intention to taper production cuts even as the coronavirus surges in many countries, including the U.S.

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Oil Rises on Russian Export Cuts, Offsets Virus Demand Jitters

Posted on June 25, 2020 by Hailey Waller in Transport Topics

Oil prices rose after Russia slashed exports of its flagship crude Urals to the lowest in at least 10 years, signaling the determination of Moscow to work with its partners at OPEC+ to eliminate an oil glut.

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