The OPEC announcement over the weekend was widely seen as a plan to add back production from members’ current coordinated ...
July WTI crude oil (CLN24) on Monday closed down -2.77 (-3.60%), and July RBOB gasoline (RBN24) closed down -8.18 (-3.39%).
Oil prices are under pressure as bearish sentiment builds due to OPEC+ underwhelming the market with its commitment to extend ...
Investing.com-- Oil prices fell to four-month lows Tuesday, as OPEC+ signaled it will begin tapering off its production cuts this year just as demand worries intensified following weak data from major ...
Investing.com-- Oil prices fell to four-month lows Tuesday, as OPEC+ signaled it will begin tapering off its production cuts this ...
Brent crude futures fell $1.14 to $77.22 a barrel at 0825 GMT, while U.S. West Texas Intermediate crude futures eased $1.23 ...
This was announced by the Department of Mineral Resources and Energy (DMRE) in a statement on Tuesday, 4 June. Petrol 93 and ...
The crude oil market fell yet again on Tuesday, as the markets continue to price in the idea that the economy is falling ...
Consumer expectations: Falling oil prices can lead to a general expectation of easing inflation among consumers, especially in a challenging economic environment when consumer budgets are tight. This ...
SINGAPORE - Oil extended losses after major oil-producing countries set out a plan to return some barrels to the market this ...
Stock markets, meanwhile, mostly rose on renewed hopes for US interest-rate cuts. Oil prices slipped after Saudi-led OPEC and ...
US stocks are looking to build on their strong performance in May as hopes for rate cuts revive and the meme stock mania ...