The OPEC announcement over the weekend was widely seen as a plan to add back production from members’ current coordinated ...
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 ...
Monty Rakusen Oil prices were little changed on Wednesday, following a steep fall on the back of OPEC+ plans to begin phasing ...
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 ...
WTI crude oil (CLN24) on Monday closed down -2.77 (-3.60%), and July RBOB gasoline (RBN24) closed down -8.18 (-3.39%). Crude ...
In summer 2022, the price of a barrel of oil surged to $120, sending gas prices around Ohio past $5 a gallon. This price ...
Oil futures inched higher on Friday, but were on track to notch losses for the week as traders noted concerns that the ...
FXEmpire.com - WTI Crude Oil Technical Analysis. The West Texas Intermediate crude oil market fell rather hard again during the trading session on Tuesday, as it looks like trader ...
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 ...
In addition to concerns over the OPEC+ and weak demand, oil traders were also seen pricing out a risk premium from crude ...