Oil prices are under pressure as bearish sentiment builds due to OPEC+ underwhelming the market with its commitment 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%). Crude oil and gasoline prices tumbled to 3-month lows on Monday. Crude ...
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 ...
(MENAFN) Oil prices continued their decline in early trading on Tuesday, extending the losses from the previous session, which saw prices drop to their lowest levels in four months. This decline ...
The Australian share market is likely to start its day lower after heavy falls in oil and iron ore prices and a mixed ...
Crude prices plunge around 3% as investors seem to see signs of imminent oil oversupply after OPEC+'s decision to extend production cuts while signaling that it will phase out the curbs later this ...
Some of the Footsie's largest stocks are firmly higher, with Unilever (LON: ULVR) up 1.7%. GSK (LON: GSK) rebounding 1.6% from yesterday's big drop, while RELX and the LSEG are also up over 1%.
BP and Shell shares today hindered FTSE 100 progress after oil prices fell to their lowest level since February.