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Top related persons:
Brent - 2 Robert Thummel - 2 Trafigura - 1 Houthi - 1 Yahya Saree - 1 Carney - 1 Thummel - 1 WTI - 1
Top related locs:
U.S China Wall Street American Red Sana'a Yemen Gulf
Top related orgs:
West Texas Intermediate - 2 U.S - 2 CNBC - 2 Wall - 1 Tortoise - 1 Energy Information Agency - 1 U.S . Navy - 1 U.S . Central Command - 1

Search resuls for: "Robert Thummel"


2 mentions found


☆ Oil poised for weekly gain as U.S. economic growth, China stimulus raise demand hopes
  + stars: | 2024-01-26 | by ( Spencer Kimball | ) www.cnbc.com   time to read: +1 min
Oil prices are on pace for a weekly gain as U.S. economic growth and stimulus in China raise hopes for more robust crude demand this year. U.S. crude and the global benchmark, however, are poised to post a weekly gain of more than 4%. The U.S. reported stronger-than-expected economic growth in the fourth quarter of 3.3%, compared to 2% expected by Wall Street. China, meanwhile, is loosening reserve requirements for its bank in an effort to boost growth amid concerns that its economy is faltering. The potential for more robust demand comes as crude supply fell in the U.S. due to winter storms.
Persons: Brent, Robert Thummel Organizations: West Texas Intermediate, U.S, Wall, Tortoise, CNBC, Energy Information Agency Locations: China, Wall Street, U.S
☆ Oil tanker hit by missile after transiting Red Sea — Houthis claim responsibility
  + stars: | 2024-01-26 | by ( Spencer Kimball | ) www.cnbc.com   time to read: +2 min
Children walk near a billboard bearing the image of targeting ships, on the day Yemen's Houthi-run forces targeted an American ship in the Red Sea, on a street in Sana'a, Yemen, on Jan. 10, 2024. An oil tanker operated on behalf of Trafigura was struck by a missile on Friday after transiting the Red Sea, a company spokesperson told CNBC in statement. The Marlin Luanda, a petroleum products tanker vessel, was struck by the missile in the Gulf of Aden. Houthi militants in Yemen have attacked commercial vessels transiting the Red Sea since November in support of Palestinians. Several of the world's major oil tanker companies paused traffic toward the Red Sea immediately after the U.S. and Britain began launching airstrikes against the Houthis earlier this month.
Persons: Trafigura, Houthi, Yahya Saree, Carney, Brent, Robert Thummel, Thummel, WTI Organizations: CNBC, U.S . Navy, U.S . Central Command, Britain, West Texas Intermediate, U.S, Tortoise Capital Locations: American, Red, Sana'a, Yemen, Gulf, Aden, Marshall, U.S, Iran
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