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 ...
Oil prices are under pressure as bearish sentiment builds due to OPEC+ underwhelming the market with its commitment to extend ...
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 ...
SINGAPORE - Oil extended losses after major oil-producing countries set out a plan to return some barrels to the market this ...
Consumer expectations: Falling oil prices can lead to a general expectation of easing inflation among consumers, especially ...
In addition to concerns over the OPEC+ and weak demand, oil traders were also seen pricing out a risk premium from crude ...
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 ...
Oil prices fell Monday as the OPEC+ group of major crude producers signaled they would start to unwind output cuts later this ...
Pakistani currency on Tuesday ticked up Rs0.06 and closed at Rs278.30 against the US dollar in the inter-bank market as gains came in the wake of a notable fall in global oil prices, which reduced ...
In summer 2022, the price of a barrel of oil surged to $120, sending gas prices around Ohio past $5 a gallon. This price ...