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(Bloomberg) -- Oil fell as a key market gauge signaled that supplies are ample and traders discounted US threats to Iran’s crude exports. Most Read from BloombergProgressive Portland Plots a ComebackWhy American Mobility Ground to a HaltA Filmmaker’s Surreal Journey Into His Own Private WinnipegHow to Build a Neurodiverse CitySpaceX Bid to Turn Texas Starbase Into City Is Set for Vote in MayWest Texas Intermediate’s front-month futures were trading at as little as 1 cent more per barrel than con

(Bloomberg) -- Chevron Corp. plans to ratchet up oil exports from Venezuela to a seven-year high as a reset of the country’s relationship with the US eases concerns that trade restrictions will increase.Most Read from BloombergProgressive Portland Plots a ComebackWhy American Mobility Ground to a HaltA Filmmaker’s Surreal Journey Into His Own Private WinnipegHow to Build a Neurodiverse CitySpaceX Bid to Turn Texas Starbase Into City Is Set for Vote in MayExports of synthetic oil from Chevron’s P

U.S. energy firms this week added oil and natural gas rigs for a third week in a row for the first time since December 2023, energy services firm Baker Hughes said in its closely followed report on Friday. Despite this week's rig increase, Baker Hughes said the total count was still down 33 rigs, or 5% below this time last year. Baker Hughes said oil rigs rose by one to 481 this week, while gas rigs gained one to 101.

HUD cuts are expected to hit offices conducting research, policing discrimination, and providing community aid.

(Bloomberg) -- Elon Musk’s aggressive push to cancel federal leases is pressuring some municipal bonds backed by payments from the US government.Most Read from BloombergProgressive Portland Plots a ComebackWhy American Mobility Ground to a HaltSpaceX Bid to Turn Texas Starbase Into City Is Set for Vote in MayHow to Build a Neurodiverse CitySaudi Arabia’s Neom Signs $5 Billion Deal for AI Data CenterThe White House has urged the General Services Administration, the government’s real estate manage

“So we’ll have an asset that will produce something over 1 million barrels a day for many, many years into the future.”

Egg prices are both universal and easy to dismiss, as they're not used in "core" inflation. But they're important, almost psychologically, for consumers and the Fed.