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Israel Targets Rafah Amid Ongoing Gaza Offensive As Hamas Ponders Over Ceasefire Offer
Friday, February 2, 2024 - 12:46am | 518Israel is preparing to broaden its military offensive to Rafah, a city situated near the Egyptian border, while Hamas, the ruling authority in Gaza, deliberates on a ceasefire proposal. What Happened: Following the alleged dismantling of Hamas’ stronghold in Khan Younis, Israel is set to...
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Visa Partners With This Major Crypto Exchange To Launch NFT Collection Ahead Of FIFA World Cup 2022
Wednesday, November 2, 2022 - 12:30pm | 582Payments behemoth Visa Inc (NYSE: V) has announced a partnership with Crypto.com to launch an NFT collection of iconic goals from five legendary soccer players, ahead of the FIFA World Cup 2022 in Qatar. Iconic goals by legendary soccer stars Jared Borgetti, Tim Cahill, Carli Lloyd, Michael...
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The Oil Market Is A 'Complex Thing To Trade'
Monday, August 29, 2016 - 1:49pm | 589Benzinga's own Garrett Cook was a guest on Benzinga's PreMarket Prep daily show on August 24 to talk about the oil market. Cook was invited to discuss his in-depth knowledge of the oil market and to offer his expertise at a time when the commodity was showing erratic trading characteristics. On...
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No Doha Deal? No Problem for Oil
Wednesday, April 20, 2016 - 8:32am | 458The news over the weekend that no deal could be reached in Doha to cut the global production of oil may have caused some investors to worry. But, if the last two days are any indication, they've quickly gotten over it. Crude oil futures are up two points since they opened this week, and...
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Betting On The Brent ETF? Watch These Factors
Tuesday, April 19, 2016 - 1:11pm | 482Among futures-based oil exchange-traded products, the United States Oil Fund LP (ETF) (NYSE: USO) gets the most attention. USO tracks front-month West Texas Intermediate futures, the U.S. benchmark oil contract. USO And BNO However, Brent futures are the global oil benchmark contract. Fortunately,...
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Fallout From The Disastrous Doha Oil Producers Meeting: Is The Rally Over?
Monday, April 18, 2016 - 4:18pm | 521The highly-anticipated meeting of OPEC and non-OPEC global oil producers this weekend in Doha did very little to inspire confidence among oil investors that a timely solution to the massive crude oil glut is imminent. Although the purpose of the meeting was to discuss a potential global production...
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Kinahan: Here's How The Markets Are Betting On Oil, Netflix And Yahoo
Monday, April 18, 2016 - 3:53pm | 531After a busy earnings week last week and the Doha meeting on the weekend, JJ Kinahan, chief strategist and managing director at TD Ameritrade Holding Corp. (NASDAQ: AMTD), spoke with Benzinga and shared some comments and ideas. A Look Into Earnings The expert started with last week...
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Wall Street Not Surprised At Lack Of Weekend Agreement In Doha
Monday, April 18, 2016 - 2:06pm | 541Wall Street isn't surprised at the lack of weekend deal in Doha that would have froze oil production at January levels. However, the Street views the lack of deal is a bearish sign for oil and could make the prices further volatile. Oil prices have been rallying in the recent past, in part...
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Phil Davis On What To Expect From, And How To Play, The Doha Meeting
Saturday, April 16, 2016 - 7:29pm | 455As depressed oil prices persist, some of the world’s top oil-producing countries will meet in Doha, Qatar, this weekend. The 13 OPEC members, Russia, Mexico and another five non-OPEC nations will get together to discuss possible strategies, including a production freeze at January levels, to...
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What Is The Oil Market Expecting From Global Producers Meeting? Not Much
Friday, April 15, 2016 - 11:33am | 299Oil prices are down sharply again on Friday ahead of this weekend’s highly anticipated global producers meeting in Qatar. The purpose of the meeting is to discuss a potential production freeze among OPEC and non-OPEC global producers, but the market seems to have low expectations. One key...
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Crude Gains On Tuesday, But Investors Nervously Await Next Week's Doha Talks
Tuesday, April 12, 2016 - 1:28pm | 282Crude oil gained on Tuesday and hit an intra-year high, but oil investors and traders may be right to hold a cautious stance ahead of the April 17 meeting between major OPEC nations and oil producers. Crude oil settled above the $40 per barrel mark for the first time in three weeks on Monday. The...
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Oil Prices Jump 6% On Surprise U.S. Drawdown, But World Bank Sees Limited Upside In 2016
Friday, April 8, 2016 - 12:57pm | 413Oil prices are up sharply in Friday’s session as investors are displaying optimism about the reported 5-million-barrel drawdown in U.S. crude stockpiles last week. The EIA’s reported 5-million-barrel drawdown was much better than the 3.2 million barrel build that analysts had forecast....