Tag: @LCO26X
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The inside story on the historic U.S.-Venezuela oil deal and how it will work
CNBC was one of just a handful of news organizations allowed to travel to Caracas with the U.S. secretary of energy.
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IEA warns global oil refining system ‘stretched to the limit’ as Iran, Ukraine wars tighten market
The energy agency warned shrinking inventories and strained refineries could further tighten markets.
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The oil shock is testing private credit borrowers already burdened by high debt costs
Oil near $100 could further squeeze leveraged private credit borrowers as investors weigh the risk that inflation could push interest rates higher again.
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Oil prices fall sharply after double-digit weekly gains above $100
The decline snapped multi-day winning streaks for both Brent and WTI crude oil futures.
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Treasury yields steady as traders await consumer inflation data amid oil price pressure
Treasurys steadied Friday after surging to multiyear highs, as investors await more economic data.
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Further European rate hikes ‘very much dependent’ on energy costs, Bundesbank chief said
Joachim Nagel told CNBC that a potential move in rates into restrictive territory was “very much dependent on how the energy prices evolve.”
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CNBC Daily Open: Two market forces battle for dominance
Bond yields and oil prices keep investors’ attention ahead of key inflation data that could set the course for the Fed.
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Jim Cramer says this is the key force driving stocks right now
CNBC’s Jim Cramer said the 30-year Treasury yield is a key force driving stocks as it climbs to roughly 5.3%.
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30-year fixed mortgage rate tops 7% for the first time in over a year
The average rate on the 30-year fixed mortgage crossed over 7% for the first time in more than a year, as home prices continue to rise and sales drop.
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U.S. Supreme Court again rejects push to use Trump-backed congressional maps in midterms, clearing the way for old maps
The U.S. Supreme Court rejected a push to use Missouri congressional maps backed by President Trump ahead of November midterm elections.
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