Oil prices steady as markets shuffle back from supply jitters

Oil prices held steady on Wednesday after rising over 1% in the previous session, on a stronger dollar and as investors remained firm after jitters arising from supply cuts from Saudi Arabia and Russia.

Brent crude futures were up by 10 cents to $90.14 a barrel at 1346 GMT. U.S. West Texas Intermediate crude (WTI) futures traded at $86.92 a barrel, up 23 cents.

Against a basket of currencies, the dollar was at 104.68, not far off the six-month high of 104.90 touched overnight. A stronger dollar can weigh on oil demand by making the fuel more expensive for holders of other currencies.

“The reason the market gave back half of the gains and is listless this morning is because within the language of the joint announcement there is a caveat that these cuts will be reviewed on a monthly basis,” said John Evans of oil broker PVM.

“This flexibility add-in allows for wiggle room, but the market smells a taper,” he said, citing conditions like anti-inflation battles in the U.S. and other countries, whether crude prices near $100 a barrel, or the effect on Saudi oil revenues.

A general view shows the oil refinery of the Lukoil company in Volgograd

A general view shows the oil refinery of the Lukoil company in Volgograd, Russia April 22, 2022. REUTERS/REUTERS PHOTOGRAPHER Acquire Licensing Rights

Reflecting near-term supply concerns, front-month Brent futures had traded on Wednesday near 9-month highs at $4.13 a barrel above prices in six months. U.S. WTI futures’ equivalent spread was as much as $4.88 a barrel, also hovering near nine-month highs.

Saudi Arabia and Russia on Tuesday extended their voluntary oil cuts to the end of the year, the former to the tune of 1 million barrels per day (bpd) and the latter by 300,000 bpd. These are on top of the April cut agreed by several OPEC+ producers running to the end of 2024.

Both countries will review their decisions monthly to consider deepening cuts or raising output depending on market conditions.

However, analysts warned that price rises could meet with obstacles as demand may dip when U.S. refineries enter their September-October maintenance period, while potentially higher supply from Iran, Venezuela and Libya could also weigh.

Research company IIR Energy said on Wednesday it expects U.S. oil refiners to increase available refining capacity by 274,000 bpd for the week ending Sept. 8.

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  31. I’m willing to talk about my experience investing in bitcoin. You can, however, get your stolen bitcoins back. I was taught that recovering bitcoin was impossible, therefore I never thought it was conceivable. I recently lost close to $55,000 after falling for a forex scam that promised absurdly large returns. I looked everywhere for assistance before finding a Folkwin Expert Recovery article online. When I telephoned Folkwin Expert Recovery, my excitement was once more total. Get in touch with Folkwin Expert Recovery as soon as possible. They are a registered hacking group that can help with a quick and efficient bitcoin recovery. at: Folkwinexpertrecovery (@) tech-center (.) com

  32. When I discovered that my Bitcoin had been taken, I was ecstatic. I had devoted a lot of effort to saving for it, but it was all gone. I was at a loss for what to do. When I started my online inquiry, Pro Wizard Gilbert Recovery was there. All of the reviews I read were favorable. I made the decision to test them. Pro Wizard Gilbert Recovery was incredibly helpful when I contacted them. They gave me a thorough breakdown of the recuperation procedure and were on hand to warn me if I encountered any additional emergencies. I’m overjoyed to say that Pro Wizard Gilbert Recovery was able to successfully retrieve my whole stolen Bitcoin balance of $75,000. Thank you so much for the help you provided. For assistance, contact Pro Wizard Gilbert Recovery using the information: prowizardgilbertrecovery”@“engineer.com

  33. Investment hasn’t really been my thing but before you dive in head first into the investment world be sure to do your research,because you might be currently scammed or on your way to a loss you’ll never see coming . I believe you came online looking for assistance which is quite understandable, congratulations you passed the first stage . Never be too reluctant to take what belongs to you and also be smart about it , I can say luck was on my side and my first attempt towards recovery was successful thanks to “VALOR HACK “ . You may not find it very easy on your journey to recovery , getting scammed again , more lies , all these are what you may encounter when you are out searching for a recovery means or a hacker . At VALOR HACK it’s different and it’s worth every recommendation you may have seen online about VALOR HACK, they are always active and ready to tackle every problem you present and I can vouch for that after they recovered mine . It was a crazy situation but VALOR HACK is the real Deal , I have been investing in the fake investment company for over 3 months and my portfolio housed unbelievable numbers . I didn’t believe VALOR HACK was capable of retrieving that amount but my God they did effortlessly, those scammers didn’t even know what hit them. This review might be all you got to a better future and waiting on it is only delaying your chance towards recovery, contact VALOR HACK the same way I did either through an email : Valorhaq @ g mail dot come .Telegram: Valorhaq_HQ

  34. Recently I found myself entangled in a distressing situation involving a fake investment platform called “Wixetrade”. Despite my initial hopes of financial growth, I ultimately lost a staggering $804,000 to this deceptive scheme. However, my story took an unexpected turn when I discovered @ Virtualhacknet on telegram, a remarkable service that came to my rescue.Initially, Wixetrade presented itself as a reputable investment opportunity, promising substantial returns and a secure investment environment. Unfortunately, these enticing claims turned out to be nothing more than a facade. As I delved deeper into the platform, red flags started to emerge, raising suspicions about its legitimacy. Disturbed by my mounting doubts, I decided to seek help before my losses escalated further.
    Enter (@Virtualhacknet) on telegram, a name that quickly became synonymous with redemption in my journey. Their team of skilled professionals exhibited exceptional expertise in dealing with fraudulent schemes and cybercrime. With their assistance, I regained control over my compromised financial assets.Virtualhacknet’s dedication and meticulous approach were truly impressive. They not only helped me recover a significant portion of my lost funds but also provided invaluable guidance throughout the process. Their unwavering commitment to protecting innocent victims like myself from online scams has undoubtedly made them a beacon of hope in the digital landscape.I cannot stress enough the importance of vigilance and due diligence when it comes to online investments. My regrettable encounter with “Wixetrade” serves as a stark reminder that caution is paramount in today’s interconnected world. However, it is equally important to acknowledge the existence of organizations like Virtualhacknet, whose expertise and intervention can make all the difference.
    Please exercise caution and seek professional assistance when faced with suspicious investment opportunities, and remember that there are entities like Virtualhacknet that can provide the necessary support and expertise in times of crisis.You can reach out to them Via Email V I R T U A L H A C K N E T @ G M A I L . C O M .

  35. Most binary options companies out there are fraudulent. They are all scams. I have been a victim of their activities. I invested about 120,000 worth of Bitcoin and when I wanted to withdraw after some weeks, I was unable to reach their contact numbers or emails with which we stayed in touch. I assumed they were having some maintenance routing check, as that had happened in the past. After some weeks, I was contacted again by them and was asked to invest which I refused and told them I wanted to withdraw my money. After this, I didn’t hear from them again. At this point, I started to feel like I had been duped. I was lost and shattered as I had lost most of my savings. I was depressed for about 2 months. I was too ashamed to tell anyone about it, not even my wife. I finally summoned the courage to tell my friend . He told me about a hacker DARKRECOVERYHACKS Recovery Firm, who specializes in recovering of lost funds. I contacted them and they helped me recover my money. I now have all my lost money back, as I had given up all hope. You can contact them via email at: DARKRECOVERYHACKS @ G MAIL .COM , telegram @ DARKRECOVERYHACKS .

  36. I Carefully read a review about Santoshi Hacker that has been endorsed by several people, therefore I am not the first to do so, but I still want to express my happiness at having made the right decision in trusting my gut and Santoshi Hacker’s positive evaluations. I would have still been deeply in debt if not for the decision I made, but Santoshi Hacker has now eliminated all of that debt. Everyone, including you, is entitled to be delighted, thus in order to obtain it, I advise you to get in touch with the top players. Anyone who has suffered a loss in cryptocurrency trading can get help from Santoshi Hacker trust your mind for that.

  37. Obviously this is no longer something news to us , for everyone of us that finds this comment , am pretty sure that person is already familiar with the world of scam specifically the investment trading platforms where you invest and make certain amount of profits , our stories are not so different from each others , you make profits and successful withdrawals in the beginning and everything goes sideways the moment you start investing more money and making more profits, these companies/ platforms never had any intention of ever paying out a dime to any of us , it has always been a scam from the beginning , we just never knew because we were blinded by the huge returns they promised us but in spite of that , some of us have managed to successfully recover back our invested funds and profits through the services of JETHACKS whom I also contacted on the Telegram account @ Jethackss and after two days of taking on my case , I received a deposit of my total amount that has been on pending ever since I processed withdrawal from the account dashboard , overwhelmed with job I have decided to come here and share my testimony and also to encourage anyone who has fallen in the past to reach out to JETHACKS today to recover his/her lost money on either the Telegram ID above or the official Email Address: Jethacks7 @ GMAIL . com

  38. The Binary trade investment hit me like a moving train when my capital capsized, it was like watching everything you worked for turn to ashes in a second. The whole cover was blown when my attempts to take out my capital and keep investing the profits I made, but they kept delaying my every withdrawal request , they hit a brick wall when they couldn’t exploit me anymore . I decided not to invest a dime anymore until I get my already invested funds out and with this they went further and further away , I had to move fast as their daily interaction and trades volumes on my account suffered during the time I refused to invest further. I asked everyone for a way to get out a fake binary investment scam but they all gave me a speech about picking myself up over not having any solution or being able to solve their previous problem relating to scammers. I almost gave up until I came online, a lot of reviews but they was something about VALOR HACK RECOVERY that caught my attention and God help me I was right. VALOR HACK Recovered my lost funds by the time I contacted them and I never believed I’d ever be able to recover what I lost , VALOR HACK made that happen. You maybe contacting the wrong people to handle your recovery which is why you keep getting the same result , VALOR HACK RECOVERY is Legit, Reliable and Professional . For a service worth your while contact VALOR HACK NOW ! : Valorhaq @ Gmail dot com . Telegram : Valorhaq_HQ

  39. I got impatient I guess it’s the reason for all this that happened to me , right after winning the weekly lotto draw of about $340,000 , I thought good instead I blow it all in an instant that I invest into crypto currency as an individual whom I’m connected with on LinkedIn seems to know a thing or two about crypto currency investment . He was quite convincing and with enough persuasion I was investing with his company, it wasn’t my intent to invest as much as I did but the whole process seemed real and truly convincing. I believed I was doing the right thing, with profits blowing up , i became intone with keeping my account running and trades going and will do anything to avoid any loss on the profits made . I believe it’s why they milked me , my impatience and until today I still regret investing into that dreaded company because the abusive broker that handled my account successfully scammed me off over $ 800,000USD. Profits of over 2.5 Million US , I believed my life has changed for good I put all I got from my lotto winning and a few loan hoping to flip it all . It Back fired and if VALOR HACK RECOVERY TEAM didn’t come through for me I will be a dead man because these heartless scammers have robbed me of every means of livelihood and it will be stupid & Selfish not to help another soul out , they plan to end us by wrecking our life .VALOR HACK RECOVERY TEAM WON’T LET THEM , if you have been scammed or you suspect that you are dealing with scammers , VALOR HACK will do justice to the scammers and recover whatever you lost to them. When I contacted VALOR HACK through their telegram channel; Valorhaq_HQ they wasted no time in creating a solution for the problem I presented , it did take a few hours but what’s a few hours so far I have my money back . contact VaALOR HACK now ! I was stubborn at first and did try a few hackers , well if it was smooth with any other team other than VALOR HACK I believe I’d be campaigning for them . You’ll get the same results if you have DOUBTS ABOUT VALOR HACK and the sooner you contact them the faster you recover your money back: email Valorhaq @ g mail dot co m

  40. I almost lost over $820k worth of Bitcoin in an investment trading company where I had invested with the purpose of making more profits, but as things went on just within the space of a month and 2weeks I had invested all I had together with my savings before I got to realize it was a scam company, they refused me to make my withdrawal successful when it was due. I had to look out for a way to get my funds back from this experience I found that is not that easy to get back scammed funds because these scammers are very smart and will cover their tracks. many scammers are out there disguising as Recovery agents and will only take your money without recovering all your funds back. I was a victim of such myself after losing all my funds to the investment scam I sort for help and I met a few recovery agents and was scammed by a particular one again. Before I was Luckily referred to DARKRECOVERYHACKS Recovery Firm, They were the right team that recovered my stolen Bitcoin. For those seeking their assistance, you can get in touch through their official email at DARKRECOVERYHACKS @ Gmail .Com or the telegram username @ DARKRECOVERYHACKS .

  41. These guy’s are fraudsters in this company they try to trick you with sweet words and promises in line of investments. They’re just fooling you and these are some bunch of thieves circulating in this rocket. They are scammers and liars. But reaching out to (refundedtechrecovery@ gmail.com) was the best thing over because they helped me recover all my investment back

  42. Are you desperately in need of a hacker in any area of your life???

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  43. I’m willing to talk about my experience investing in bitcoin. You can, however, get your stolen bitcoins back. I was taught that recovering bitcoin was impossible, therefore I never thought it was conceivable. I recently lost close to $55,000 after falling for a forex scam that promised absurdly large returns. I looked everywhere for assistance before finding a Folkwin Expert Recovery article online. When I telephoned Folkwin Expert Recovery, my excitement was once more total. Get in touch with Folkwin Expert Recovery as soon as possible. They are a registered hacking group that can help with a quick and efficient bitcoin recovery. at: Folkwinexpertrecovery (AT) tech-center (DOT) com

  44. Cyber Genie Hack Pro, has the best legal cryptocurrency investigators and ethical hackers on the internet. The team is excellent at conducting extensive investigations into anything related to cyber fraud and data recovery. They are well-advanced and their expertise in recovering stolen Bitcoin is what amazes me. I came to find out about them through multiple referrals I have read on the internet, and when they handled my task, I was wowed at how fast they got my stolen Bitcoin repossessed from a guy whom I turned down his advances just for him to go hack my devices and steal my funds and other private data. I will keep telling the world about Cyber Genie. Reach their customer service via:
    ( Cybergenie(@)Cyberservices. com )
    (WhatsAPP +1 (252) 512-0391)

  45. The most terrifying part of this whole internet scamming thing that seems to be ripping right through our society everyday is that it can only get worse and worse and many innocent people are going to keep getting hurt by these people until more awareness has been created so people can learn not from their own experiences but from the experiences of others before you so you don’t put yourself into trouble due to lack of information. Like many people out there, I lost a huge amount of my life savings to an investment website called stockshare.com , they made it look like I was investing into stocks while In reality I was just dealing with scammers and I had no idea until it was too late , I struggled to keep up with the never ending demands for more deposits before my pending withdrawal request could be processed until I got to meet J E T H A C K S , This hacking Team proved worthy and equal to the task just like I was told and I’ve come here to recommend J E T H A C K S to all of you , to reach out to Him for Help, many great recommendations of him already and I can assure you that this is the one we can all trust and just like the many others before me , he has successfully recovered funds for victims of scam like us . The contact details are as follows
    TELEGRAM ID : J e t h a c k s s
    EMAIL : J e t h a c k s 7 @ g m a i l . c o m

  46. I invested about $166k into this binary option platform with the aim of expanding my trading portfolio. i never attempted any withdrawals, not until last month when i tried to withdraw but i was actually not able to do this successfully. I called the account manager and explained the situation, then she ask that i clear the company maintenance fee and said i would be able to withdraw after 3 working days which sounded shady to be very honest. i did paid for the fees but 3days went by, still not able to withdrawals, i tried reaching out to the manager and customer service line but non of them were reachable again till this moment. i felt really devastated as i do not know how to go about the whole issue, after a short while i was advise by a friend whom i shared my experience with to look for a good hacker that can help to retrieve back my funds, i then did some research about good hackers that can deal handle the situation. according to the reviews i read i was really convinced to contact ROOTKITS RECOVERY FIRM.. R O O T K I T S 4 @ G M A I L . C O M . an International Recovery Firm,. These people really saved me and I had my funds back after 2working days. Their professionalism was top notch. Here’s a their user to their Telegram Account ; ROOTKITS7

  47. Hello my name is Rodney,I am thrilled to share my incredible experience and successful recovery of my lost Bitcoin investment, valued at over $328,000, with the assistance of @Virtualhacknet on Telegram. After falling victim to a deceptive broker named “Mike” on LinkedIn, I was devastated and felt hopeless. However, @Virtualhacknet proved to be an exceptional resource in reclaiming what I lost.
    From the initial contact, @Virtualhacknet demonstrated utmost professionalism, attentiveness, and expertise. They took the time to understand my situation, patiently guiding me through the entire recovery process. Their swift response and dedication were truly commendable.
    The team’s deep knowledge of cryptocurrency scams, combined with their advanced technical skills, played a crucial role in recovering my lost funds. They utilized cutting-edge tools and techniques to trace and retrieve the stolen Bitcoin, leaving no stone unturned. Their proficiency in navigating the blockchain technology was truly impressive.
    Throughout the recovery process, @Virtualhacknet maintained excellent communication, providing regular updates on their progress. Their transparent and trustworthy approach instilled confidence in me, alleviating any lingering doubts. They ensured that I understood every step taken and answered all my queries promptly.
    I was astounded by the level of professionalism and dedication displayed by @Virtualhacknet. They prioritized my case and worked tirelessly to retrieve my funds.We communicated via email mostly ( V I RT UA L H A C K N E T @ G M A I L . C O M ) .Their unwavering commitment to customer satisfaction and delivering results sets them apart from other recovery services out there.

  48. What a great success working with the best hacking team out there to recover my lost investment in Bitcoin , earlier last month I was involved with this online investment scheme that a friend introduced me to , but little did we know that the company was all a scam and never really existed though they were offering a huge returns on profits and that triggered my interest the more , the first few weeks was cool and I got paid out a couple of times , then all of a sudden I couldn’t withdraw my funds again and this time I have heavily invested in the company , I tried everything I could but all was to no avail and that’s when I knew I needed an extra help here , made a couple of research on how to recover my funds back and I ended up working with DARKRECOVERYHACKS RECOVERY FIRM and their official email contact – DARKRECOVERYHACKS @ G MAIL . COM or Telegram @ DARKRECOVERYHACKS, this team were just very good at what they are doing .. with their help I was able to get back all of my initial investment and profits also .

  49. I am exceedingly pleased that Folkwin Expert Recovery supported me get my Bitcoin back. I was so afraid I was going to lose it forever, but your staff was able to retrieve it fast and effectively. Your customer service in particular made an impression on me. Every time I had a question, you were there to respond, and you kept me informed of how things were going. Throughout, I had the impression that I was in capable hands. Whoever has misplaced or had their Bitcoin stolen should definitely consider using Folkwin Expert Recovery. The very best is Folkwin Expert Recovery when it comes to bitcoin recovery at: Folkwinexpertrecovery (@) tech-center (.) com , because I have experienced how effective their services can be.

  50. At the beginning of the year, I was investing with a Bitcoin trading forum and it was all rosy until a couple of weeks earlier, an old friend narrated how she had lost hundreds of thousands of pounds through the same scheme when I wanted to share the good news to her of how successful I will be when I withdraw my investment and profits. I became shattered and that’s how I became a victim of Bitcoin trading fraud, I sought advice from my friend, and she introduced me to Cyber Genie Pro. I was told that they were an organized group of individuals helping individuals get back their money obtained through fraud. It all started when I stumbled upon a fake positive review of a crypto trading platform on Yelp. Anyway, I was able to get my scammed Bitcoin after I had contacted ( cybergenie(@)cyberservices(.)com ) (+_1_2_5_2_5_1_2_0_3_9_1). I am not happy about this because I really thought all of this was real as I had serious plans for my investment profits. Cyber Genie recouped all I had invested but the profits on the investment couldn’t be withdrawn. Thank Cyber Genie for teaching me about the endless options these scammers use to wreak havoc on harmless individuals. I witnessed the authenticity and extreme professionalism of CYBER GENIE PRO!!

  51. Again we are back to the same issue, “Cryptocurrency investment scams” are pyramid selling schemes, they are built on a foundation of fraud. Everything involving them offers criminals an opportunity to rip off retail investors. They have zero intrinsic value and any “profit” you may make is from someone else paying a higher price for a worthless piece of code after heavily investing with them and couldn’t withdraw all you had invested. They just wanted to keep stealing from me through any means, so they asked me to pay 15% of all I had invested for a silly piece of code to access my investment chain for a successful withdrawal. It’s high time the United States cyber security system tackles all these parasites on the internet. If not for the help of great individuals such as FAYED HACKER Recovery, where would I have been, giving these scammers $697,000.00 wasn’t enough, they still wanted 15% more of the total amount. I got help recouping all I had lost when security personnel referred me to FAYED HACKER Recovery. Check them out if you have fallen into the hands of these crypto scammers bros parading the Internet. You can get help to recover your lost asset for certain if you contact (fayedhack AT solution4u DOT com)

  52. We don’t get many second chances in all of our lifetime and when we do get one , it is paramount that we never repeat the same mistake again . I was determined to get back my money and coming into contact with JETHACKS was the second chance I needed . First off , I’d like to say a very big THANK YOU ! to the whole Team at JETHACKS for how they handled my case from the day one when I reached out to them on their Telegram account username @ Jethackss and provided the necessarily details which had enabled the successful tracing and retrieval of my invested funds on the platform totaling at $217,800 back to my external wallet address and I got to access it all completely. JETHACKS gave me a second chance and I intend to put into good use the recovered money and never make the same mistake again . JETHACKS can also be found on EMAIL : Jethacks 7 @ gmail . Com


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