New corporate minimum tax proposal by Biden administration

Version 1.42 (2024-09-12 22:41:46.135000)

updates: Details on the proposed 15% corporate minimum tax

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Version 1.41 (2024-09-12 13:38:33.082000)

updates: Introduction of a 15% minimum tax for large companies

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Version 1.4 (2024-09-11 21:41:47.470000)

updates: Inflation impact on tax code projected to diminish

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Version 1.39 (2024-09-10 18:32:50.614000)

updates: New insights from Harvard study on TCJA effects

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Version 1.38 (2024-08-29 10:35:06.364000)

updates: Updated tax policy priorities and economic implications

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Version 1.37 (2024-08-27 21:35:36.888000)

updates: US Chamber opposes tax hikes; Harris proposes increases.

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Version 1.36 (2024-08-17 05:05:48.562000)

updates: Incorporated information about corporate price gouging and proposed changes to the tax code to address it

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Version 1.35 (2024-08-02 00:03:06.455000)

updates: Introduces a proposal for a retro tax code to raise additional revenue

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Version 1.34 (2024-07-10 10:57:23.070000)

updates: Op-Ed suggests Congress should use TCJA expiration as an opportunity for tax reform

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Version 1.33 (2024-06-27 17:58:27.325000)

updates: Expands on the details of the expiring tax cuts and the differing approaches of Biden and Trump

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Version 1.32 (2024-06-27 10:55:58.462000)

updates: The Washington Examiner article provides the perspective of Republicans focused on extending the 2017 Trump tax cuts and preventing President Joe Biden's plan for a nearly $7 trillion tax increase in 2025. It highlights the efforts of Representative Jason Smith to deliver tax relief for working people and prioritize small businesses. The article also mentions the Ways and Means Committee's hearings on the Trump tax policies and the consequences of the Left's tax-and-spend agenda. [40234749]

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Version 1.31 (2024-06-26 04:54:16.524000)

updates: The impact of Trump's tax plans on the middle class

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Version 1.3 (2024-06-20 18:56:11.871000)

updates: Former Vice President Mike Pence's foundation launches $10 million campaign to preserve Trump-era tax cuts

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Version 1.29 (2024-06-19 06:55:49.789000)

updates: Trump urges business executives to vote for him or face termination

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Version 1.28 (2024-06-14 16:54:57.252000)

updates: Trump promises to cut corporate tax rate to 20% in a meeting with CEOs

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Version 1.27 (2024-06-14 13:57:24.656000)

updates: Trump plans to further reduce corporate tax rate to 20%

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Version 1.26 (2024-06-14 11:56:38.863000)

updates: Trump proposes further reduction of corporate tax rate to 20%

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Version 1.25 (2024-06-14 01:54:31.649000)

updates: Trump's intention to cut corporate tax rate to 20%

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Version 1.24 (2024-06-14 01:53:51.320000)

updates: Trump promises to cut corporate tax rate to 20%

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Version 1.23 (2024-06-13 23:53:17.512000)

updates: Trump promises to cut corporate tax rate to 20%

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Version 1.22 (2024-06-13 22:56:27.060000)

updates: Trump's promise to cut taxes and regulations in a meeting with CEOs

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Version 1.21 (2024-06-13 21:55:06.244000)

updates: Trump promises to cut corporate taxes in meeting with business leaders

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Version 1.2 (2024-06-13 19:53:57.028000)

updates: The article provides more details about the conversations between Trump, Biden's advisers, and business leaders. It also mentions a separate meeting attended by major business leaders where Trump spoke. The article highlights the contrasting economic visions between Trump and Biden and their efforts to gain support from corporate America. It also mentions the shift in attitude among some CEOs towards Trump after the Capitol attack. Additionally, it emphasizes Biden's focus on protecting the environment in his economic plans.

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Version 1.19 (2024-06-13 17:53:43.798000)

updates: Trump meeting with business leaders to gain corporate favor

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Version 1.18 (2024-06-13 12:53:55.113000)

updates: Updated information on the conversations between Trump, Biden's advisors, and business leaders

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Version 1.17 (2024-06-13 10:53:49.595000)

updates: Discussions between Biden and Trump with business leaders

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Version 1.16 (2024-06-12 20:54:17.517000)

updates: Inclusion of CEOs attending a private meeting with Trump

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Version 1.15 (2024-06-10 18:53:36.046000)

updates: The Biden administration's increased outreach to CEOs and corporate leaders to gather their insights and address their needs in order to boost the economy. The CEOs express satisfaction with the performance of the stock market and the overall economy, but have concerns about Trump's policies and trade relationships. The administration aims to address the shortage of skilled workers and streamline government permitting. Trump argues that his policies are beneficial for businesses, while the Biden administration is confident in its plans for economic growth and collaboration with the private sector.

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Version 1.14 (2024-06-10 15:53:39.983000)

updates: Expanded story with additional details on Biden's outreach to CEOs

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Version 1.13 (2024-06-10 14:52:45.068000)

updates: Integration of new information about Biden administration seeking input from CEOs to boost the economy

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Version 1.12 (2024-05-20 19:54:26.631000)

updates: President Biden's collaboration with corporate America on infrastructure goals

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Version 1.11 (2024-05-14 23:52:20.051000)

updates: President Biden's investment policies and their impact on domestic manufacturing capacities

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Version 1.1 (2024-05-13 10:55:40.836000)

updates: President Biden's efforts to boost domestic manufacturing and the November election

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Version 1.09 (2024-05-08 03:51:58.875000)

updates: Meeting scheduled for Tuesday, public skepticism about Biden's economic stewardship

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Version 1.08 (2024-05-07 23:52:03.278000)

updates: The meeting between President Biden and CEOs to discuss investment agenda and economic growth

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Version 1.07 (2024-05-07 17:53:12.398000)

updates: Biden meets with CEOs to discuss the economy

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Version 1.06 (2024-05-07 15:51:53.694000)

updates: Biden's challenge in convincing Americans on economy

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Version 1.05 (2024-01-27 01:52:54.889000)

updates: White House National Economic Council director Lael Brainard's comments on the risks to the US economy from China and the Red Sea

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Version 1.04 (2024-01-26 17:53:18.162000)

updates: Updated information on China's challenges and US economic outlook

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Version 1.03 (2024-01-26 16:57:00.821000)

updates: White House statement on containment of risks

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Version 1.02 (2024-01-26 03:51:52.254000)

updates: US frustration with Chinese 'inaction' over Red Sea attacks

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Version 1.01 (2024-01-26 02:55:03.873000)

updates: China urges Iran to curb Houthi attacks in Red Sea, raising concerns about business relations

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Version 1.0 (2024-01-25 10:52:59.715000)

updates: Democrats fear economic fallout from Red Sea could hurt them in November

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Version 0.99 (2024-01-22 03:10:44.763000)

updates: Add new information about Houthi attacks impacting China's economic interests

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Version 0.98 (2024-01-22 03:03:41.553000)

updates: Updated information on the impact of Houthi attacks on Chinese exporters and the vulnerability of China's export-dependent economy

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Version 0.97 (2024-01-21 09:42:36.339000)

updates: Added details about ships using unorthodox methods to evade Houthi attacks, concerns for China's economy, and China's uncertain position in the Red Sea

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Version 0.96 (2024-01-21 09:42:13.320000)

updates: Unconventional tactics used by sailors to evade Houthi attacks

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Version 0.95 (2024-01-19 10:33:27.560000)

updates: Houthi rebels assure safe passage for Chinese and Russian ships

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Version 0.94 (2024-01-19 06:44:18.494000)

updates: The airstrikes on Yemen have intensified the chaos in the shipping industry in the Southern Red Sea. The attacks have resulted in a significant decline in shipments through the Red Sea, with many vessels being diverted and some insurers limiting coverage. Insurance costs for ships that still brave the waterway have skyrocketed, and container shipping and oil freight rates are starting to rise. The disruption is impacting raw materials and consumer goods along the supply chain, raising concerns about inflationary pressures and more expensive oil. The ongoing conflict and recent airstrikes have raised concerns about the potential impact on global supply chains and the economy.

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Version 0.93 (2024-01-19 05:45:53.060000)

updates: Integration of information about the impact on Europe's economy and China's exporters

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Version 0.92 (2024-01-19 03:45:49.730000)

updates: Integrates new information about the impact of the Red Sea crisis on China's exporters and global supply chains

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Version 0.91 (2024-01-18 19:42:11.691000)

updates: Insights from RSM Chief Economist Joe Brusuelas on the impact on U.S. prices

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Version 0.9 (2024-01-16 21:21:23.870000)

updates: Opinion piece by Paul Krugman on the impact of Red Sea shipping disruptions on global inflation

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Version 0.89 (2024-01-16 00:15:17.240000)

updates: The article provides insights into the potential economic impact of the Red Sea crisis on the US.

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Version 0.88 (2024-01-15 11:15:56.342000)

updates: Includes warning from economist about inflation risk from Red Sea disruption

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Version 0.87 (2024-01-15 00:23:09.239000)

updates: Provides insights on navigating the Red Sea crisis

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Version 0.86 (2024-01-14 14:42:04.988000)

updates: Integration of new information about the Red Sea crisis and Middle East tensions

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Version 0.85 (2024-01-14 02:17:21.052000)

updates: Integration of information about Middle East tensions and the impact on global trade and inflation

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Version 0.84 (2024-01-14 01:16:43.794000)

updates: The new information highlights the impact of Red Sea attacks and rising shipping costs on global inflation fears.

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Version 0.83 (2024-01-13 10:17:41.397000)

updates: Inclusion of information about Iran seizing an oil tanker in the Gulf of Oman

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Version 0.82 (2024-01-13 04:17:35.452000)

updates: Oil prices surged following US and UK strikes on Houthi rebels in the Red Sea. Container shipping rates have soared due to concerns of prolonged disruption to global trade.

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Version 0.81 (2024-01-13 04:16:25.702000)

updates: Container shipping rates soar on concerns of prolonged disruption

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Version 0.8 (2024-01-13 02:16:56.233000)

updates: Oil prices surged following US and UK strikes on Houthi targets in Yemen. The attacks disrupted trade flows in the Red Sea, raising concerns about shipping safety and global economic stability.

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Version 0.79 (2024-01-13 01:21:06.415000)

updates: Oil prices surged following airstrikes on Houthi targets in Yemen

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Version 0.78 (2024-01-13 00:16:09.670000)

updates: Oil prices rose 1% as more oil tankers diverted course from the Red Sea following air and sea strikes by the US and Britain on Houthi targets in Yemen. The attacks were in response to previous attacks on shipping by the Iran-backed group. Brent crude futures settled 1.1% higher at $78.29 a barrel, reaching a session high of over $80, the highest this year. US West Texas Intermediate crude futures climbed 0.9% to $72.68. The increasing tensions in the Red Sea region have raised geopolitical risks.

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Version 0.77 (2024-01-12 23:21:23.044000)

updates: Oil prices surge to $80 per barrel as the Red Sea trade disruption raises global economic fears

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Version 0.76 (2024-01-12 14:15:30.056000)

updates: Integration of analysis on rising oil prices and its impact on US soft landing

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Version 0.75 (2024-01-12 11:33:21.716000)

updates: Brent oil prices surge to $80 per barrel after airstrikes on Yemen's Houthi rebels

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Version 0.74 (2024-01-12 11:29:31.934000)

updates: Oil prices surged after UK and US attack in Yemen

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Version 0.73 (2024-01-12 06:16:08.685000)

updates: Oil prices surge following US and UK strikes on Houthi targets in Yemen

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Version 0.72 (2024-01-12 04:27:32.067000)

updates: Oil prices surge over 2% following US and UK strikes on Houthi targets in Yemen

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Version 0.71 (2024-01-12 04:17:14.964000)

updates: Oil prices surged after US and UK forces launched strikes against Iran-backed Huthi rebels in Yemen. The offensive against rebel positions in Yemen fanned tensions in the Middle East. The Huthis have carried out a growing number of strikes on the key international Red Sea route. The US-UK strikes sent oil prices up more than two percent. The jump in prices sparked concerns about a fresh spike in inflation. Data showed the US consumer price index rose more than forecast in December. Equities had finished 2023 with a strong rally on expectations the central bank would cut rates. Wall Street's three main indexes ended flat, and Asia was mixed.

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Version 0.7 (2024-01-12 03:19:32.949000)

updates: Oil prices surge after US and UK launch strikes against Huthi rebels in Yemen

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Version 0.69 (2024-01-12 00:18:49.140000)

updates: Iran seizes oil tanker off Oman, escalating Middle East conflict

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Version 0.68 (2024-01-11 09:27:21.104000)

updates: Middle East tensions, conflict, attacks, Gaza, Red Sea, US crude stockpiles, Houthis, Israeli strikes, United Nations Security Council, US inflation data, Federal Reserve

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Version 0.67 (2024-01-10 18:19:41.055000)

updates: Updated information on oil prices, Middle East tensions, US crude inventories, and weak economic growth

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Version 0.66 (2024-01-10 17:17:28.270000)

updates: Integration of Middle East tensions and US crude inventories

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Version 0.65 (2024-01-10 08:20:12.691000)

updates: US crude inventories decline, supporting rise in oil prices

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Version 0.64 (2024-01-09 02:20:05.608000)

updates: Oil prices fall over 3% on Saudi Arabia and OPEC decisions

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Version 0.63 (2024-01-08 02:21:51.368000)

updates: Oil prices fell after Saudi Arabia cut prices

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Version 0.62 (2024-01-07 12:19:19.448000)

updates: Saudi Arabia cuts oil prices to Asia

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Version 0.61 (2024-01-06 03:18:55.813000)

updates: Oil prices set for weekly gain with global supply risks mounting

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Version 0.61 (2024-01-06 03:18:55.813000)

updates: Oil prices set for weekly gain with global supply risks mounting

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Version 0.6 (2024-01-05 08:25:25.315000)

updates: Oil prices edged higher on Friday after minutes from a Federal Reserve meeting suggested inflation was under control. Brent crude futures were up 32 cents, or 0.4%, to US$77.91 a barrel, while US West Texas Intermediate crude futures rose 43 cents, or 0.6%, to US$72.62 at 0739 GMT. US Secretary of State Antony Blinken is visiting the Middle East to try and prevent the Israel-Gaza conflict from widening. Israeli forces are planning a more targeted approach in the north and further pursuit of Hamas leaders in the south. Geopolitical concerns, hopes of economic recovery, and lingering shipping concerns also contributed to the increase in oil prices.

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Version 0.59 (2024-01-05 07:24:20.926000)

updates: Oil prices rise on Fed comments and Middle East tensions

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Version 0.58 (2024-01-05 04:23:09.173000)

updates: Oil prices rise on Fed comments and Middle East tensions

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Version 0.57 (2024-01-04 15:23:47.889000)

updates: Oil prices stabilize as Middle East supply concerns balance economy concerns

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Version 0.56 (2024-01-04 08:16:51.567000)

updates: Oil prices rise on concerns over Middle East supply

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Version 0.55 (2024-01-03 13:16:26.912000)

updates: Updated information on oil prices, US economy, Red Sea tensions, and OPEC meeting

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Version 0.54 (2024-01-03 12:16:10.087000)

updates: Updates on oil prices, US economy, Red Sea tensions, and OPEC meeting

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Version 0.53 (2024-01-03 08:18:16.918000)

updates: Integration of information about oil prices and Red Sea tensions

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Version 0.52 (2024-01-03 08:17:37.621000)

updates: Oil prices stabilize amid economic concerns and Red Sea tensions

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Version 0.51 (2024-01-03 05:26:03.009000)

updates: Oil prices rise after US forces repel Houthis in Red Sea

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Version 0.5 (2024-01-03 03:20:18.046000)

updates: Oil prices rise amid continued Red Sea shipping tensions

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Version 0.49 (2024-01-03 02:18:26.127000)

updates: Oil prices stabilize after weak start to 2024

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Version 0.48 (2023-12-28 20:02:33.172000)

updates: Oil prices fell 3% as more shipping companies transit Red Sea

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Version 0.47 (2023-12-28 09:01:29.945000)

updates: Oil prices stabilize as concerns about Red Sea shipping disruptions ease

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Version 0.46 (2023-12-28 03:02:39.674000)

updates: Oil prices edge higher in early Asian trading amid Red Sea disruptions

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Version 0.45 (2023-12-27 09:06:05.534000)

updates: Oil prices remained steady as major shipping firms resumed passage through the Red Sea

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Version 0.44 (2023-12-27 09:00:35.464000)

updates: Oil prices stabilized, additional details on Red Sea developments and shipping firms

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Version 0.43 (2023-12-27 05:00:49.923000)

updates: Oil prices steady as market monitors Red Sea developments

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Version 0.42 (2023-12-27 04:05:22.072000)

updates: Oil prices fell in early Asian trade as major shipping firms began returning to the Red Sea despite continued attacks and escalating tensions in the Middle East

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Version 0.41 (2023-12-27 03:02:30.419000)

updates: Integration of new information about major shipping firms returning to the Red Sea

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Version 0.4 (2023-12-27 03:02:02.992000)

updates: Oil prices dip after rallying on Red Sea woes and US SPR refill

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Version 0.39 (2023-12-26 17:01:36.041000)

updates: Oil prices surge to one-month high

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Version 0.38 (2023-12-26 14:01:21.195000)

updates: Oil prices rise on Middle East tensions and US rate cut hopes

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Version 0.37 (2023-12-26 12:01:26.706000)

updates: Oil prices stabilized during Asian trading as investors focus on geopolitical tensions in the Middle East. Some markets are still closed due to the Christmas holiday. Angola recently announced its withdrawal from OPEC, raising questions about the unity and direction of the organization.

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Version 0.36 (2023-12-26 08:00:29.204000)

updates: Oil prices remained stable in holiday-thinned Asian trade as investors monitored geopolitical tensions in the Middle East and anticipated a US interest rate cut. Denmark's Maersk plans to resume shipping operations in the Red Sea and the Gulf of Aden, following the deployment of a US-led military operation to ensure commerce safety. Iran denied launching a drone strike on a chemical tanker in the Indian Ocean.

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Version 0.35 (2023-12-26 07:00:46.398000)

updates: Updated information on oil prices and Middle East tensions

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Version 0.34 (2023-12-26 06:05:05.942000)

updates: Updated information on Maersk resuming shipping operations and Iran denying drone strike

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Version 0.33 (2023-12-26 03:04:04.765000)

updates: Oil prices remained stable, Denmark's Maersk plans to resume shipping operations in the Red Sea and the Gulf of Aden, Iran denied launching a drone strike on a chemical tanker in the Indian Ocean, expectations of a US interest rate cut next year

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Version 0.32 (2023-12-26 02:03:55.631000)

updates: New information on Middle East tensions and US rate cut

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Version 0.31 (2023-12-26 01:59:26.679000)

updates: Added information about US economy, US Federal Reserve, Angola's decision to leave OPEC, and Houthi threats

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Version 0.3 (2023-12-24 07:01:45.684000)

updates: Red Sea tensions, Suez Canal, Chinese investment, Iraq, OPEC+ agreement

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Version 0.29 (2023-12-24 03:02:14.704000)

updates: Angola's decision to leave OPEC and the potential increase in output, Houthi attacks in the Red Sea, softer US inflation reading, sales of new US single-family homes

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Version 0.28 (2023-12-24 03:00:20.243000)

updates: Oil prices ease ahead of Christmas break

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Version 0.27 (2023-12-23 15:04:36.835000)

updates: Oil prices rise on Red Sea attacks and Angola output expectations

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Version 0.26 (2023-12-23 03:59:28.786000)

updates: Oil prices dip on Angola output increase, but rise for the week

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Version 0.25 (2023-12-22 18:04:23.095000)

updates: Oil prices were little changed on Friday as concerns over Houthi attacks in the Red Sea offset expectations of increased output from Angola.

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Version 0.24 (2023-12-22 11:02:58.621000)

updates: Oil prices fell after US production hit record high

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Version 0.23 (2023-12-22 09:02:18.911000)

updates: Integration of Angola's exit from OPEC affecting oil prices

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Version 0.22 (2023-12-22 06:06:31.870000)

updates: Inclusion of information about US crude oil production reaching a record high

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Version 0.21 (2023-12-22 03:03:40.091000)

updates: Oil prices rose on Friday as markets looked past Angola's exit from OPEC

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Version 0.2 (2023-12-21 22:00:43.395000)

updates: Integration of information on US crude oil production reaching a record high

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Version 0.19 (2023-12-21 09:04:12.236000)

updates: Oil prices fell as US production increased

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Version 0.18 (2023-12-21 01:00:20.132000)

updates: Oil prices fell as US production reached record-high levels

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Version 0.17 (2023-12-20 23:00:00.310000)

updates: Tensions in the Red Sea threaten diesel market stability

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Version 0.16 (2023-12-20 08:01:57.073000)

updates: Updates on oil prices, Red Sea tensions, and diesel market stability

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Version 0.15 (2023-12-20 03:05:27.585000)

updates: Information about tension in the Red Sea and its potential impact on the diesel market has been added

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Version 0.14 (2023-12-20 03:04:20.646000)

updates: Oil prices steadied on concerns over US inventories and Red Sea risks

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Version 0.13 (2023-12-20 02:59:31.929000)

updates: The tensions in the Red Sea have the potential to disrupt the stability of the diesel market. Diesel and distillate inventories are higher than last year due to slowing construction and manufacturing activity. Refiners have produced high levels of distillate volumes, leading to increased stockpiles. The supply-demand balance in distillate markets will depend on future manufacturing and construction activity. Geopolitical risks near the Red Sea could result in longer voyage lengths for shipments of petroleum products, causing chaos in oil and product markets. Diesel stocks have risen globally, narrowing the deficit to ten-year seasonal averages. Weak manufacturing is easing the diesel crunch. Economic activity in the U.S. manufacturing sector contracted in November. Germany's GDP is expected to decline in Q4 2023, potentially leading to a technical recession. Some oil and shipping companies are adjusting their operations to avoid the Red Sea route due to attacks on commercial vessels. Alternative routes would significantly increase voyage durations. [93c8391b]

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Version 0.12 (2023-12-19 16:00:55.769000)

updates: US launches Red Sea task force, tankers reroute

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Version 0.11 (2023-12-19 10:01:17.837000)

updates: Oil prices stabilize as investors assess the potential impact of attacks by Yemen's Houthi militants on ships in the Red Sea. The attacks have disrupted maritime trade and forced companies to reroute vessels. Crude prices rose nearly 2% on fears of disruptions to trade via the Suez Canal, which accounts for about 15% of global shipping traffic. However, experts believe the actual effect on oil flows will be limited, as the attacks have not affected production. Oil major BP has temporarily halted transit through the Red Sea, and the crisis is broadening to include energy shipments. The United States and its allies are discussing a task force to protect Red Sea routes, which Iran has warned against. U.S. crude inventories are expected to decline by 2.2 million barrels.

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Version 0.1 (2023-12-19 06:01:28.969000)

updates: Oil prices rise due to Houthi attacks in Red Sea

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Version 0.09 (2023-12-18 19:03:46.065000)

updates: Oil prices rise due to Houthi attacks in Red Sea

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