Alex Longley - Profile and Journalist Details
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Alex Longley
Verified
Oil Markets Reporter, Bloomberg News
Beats
fishing, toxic chemical reform
Content
By Mia Gindis Verified, Alex Longley Verified| Bloomberg News Verified (Bloomberg) -- Oil rose on the prospect of a de-escalation in the trade war between the world’s two largest economies and a stall in nuclear talks between the US and Iran. West Texas Intermediate futures added about 2% to top $62 a barrel after China signaled openness to trade negotiations with the Trump administration.
By Mia Gindis Verified, Alex Longley Verified| Rigzone Verified Oil edged lower as traders monitored the latest US moves in the tariff war amid mounting consensus the market will experience a persistent surplus. West Texas Intermediate futures slipped 0.3% to settle near $61 a barrel, snapping a two-session winning streak, after the European Union and US made little progress during trade talks this week, and the Trump administration indicated that most of the tariffs imposed on the bloc will remain.
By Mia Gindis Verified, Alex Longley Verified| Bloomberg News Verified (Bloomberg) -- Oil rose on the prospect of a de-escalation in the trade war between the world’s two largest economies and a stall in nuclear talks between the US and Iran. West Texas Intermediate futures added about 2% to top $62 a barrel after China signaled openness to trade negotiations with the Trump administration.
Company Info
Bloomberg News
Bloomberg L.P. is a global financial data, software, and media company founded in 1981 by Michael Bloomberg and his partners. Originally named Innovative Market Systems, it rebranded to Bloomberg L.P. in 1986. The company is renowned for the Bloomberg Terminal, a proprietary platform that provides real-time financial data, analytics, and trading tools to over 350,000 subscribers worldwide. Bloomberg operates in three main areas: financial technology, news/media, and data analytics. Its flagship product, the Bloomberg Terminal, offers market data, news, and communication tools for financial professionals. Bloomberg News, with over 120 bureaus globally, covers financial markets, politics, and technology across various platforms, including digital, television, and print. The company also provides specialized data and analytics services, including legal and regulatory information, through its acquisitions. Bloomberg L.P. is privately held, with an estimated revenue of $12.5 billion in 2023, primarily from terminal subscriptions.
United Arab Emirates, United Arab Emirates
+1 212-318-2000
Founded: 1981