The OPEC announcement over the weekend was widely seen as a plan to add back production from members’ current coordinated ...
Crude oil inventories in the United States rose this week by 4.052 million barrels for the week ending May 24, according to ...
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 ...
Welcome to the Trading Day blog for Wednesday, June 5. ASX 200 to waver. March quarter GDP data, due 11.30am AEST, to show ...
Stock markets, meanwhile, mostly rose on renewed hopes for US interest-rate cuts. Oil prices slipped after Saudi-led OPEC and ...