The OPEC announcement over the weekend was widely seen as a plan to add back production from members’ current coordinated ...
Monty Rakusen Oil prices were little changed on Wednesday, following a steep fall on the back of OPEC+ plans to begin phasing ...
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 ...
In summer 2022, the price of a barrel of oil surged to $120, sending gas prices around Ohio past $5 a gallon. This price ...
Early Asian trade on Wednesday saw oil prices continue their little decline from the previous session as worries about ...
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.
Investing.com-- Oil prices fell to four-month lows Tuesday, as OPEC+ signaled it will begin tapering off its production cuts this ...
In addition to concerns over the OPEC+ and weak demand, oil traders were also seen pricing out a risk premium from crude ...