The OPEC announcement over the weekend was widely seen as a plan to add back production from members’ current coordinated ...
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Monty Rakusen Oil prices were little changed on Wednesday, following a steep fall on the back of OPEC+ plans to begin phasing ...
Oil futures ticked lower early Wednesday, feeling pressure after industry data showed an unexpected rise in U.S. crude ...
Crude oil inventories in the United States rose this week by 4.052 million barrels for the week ending May 24, according to ...
Oil prices are under pressure as bearish sentiment builds due to OPEC+ underwhelming the market with its commitment to extend ...
Consumer expectations: Falling oil prices can lead to a general expectation of easing inflation among consumers, especially ...
Gas prices in Columbus have begun to decline from their Memorial Day highs, offering drivers a few cents on the gallon of ...
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 ...
This was announced by the Department of Mineral Resources and Energy (DMRE) in a statement on Tuesday, 4 June.
In addition to concerns over the OPEC+ and weak demand, oil traders were also seen pricing out a risk premium from crude ...