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Oil Prices, OPEC+
On Tuesday, oil prices continued to fall
Oil prices continued to fall on Tuesday, June 4, as traders were concerned about weak U.S. economic data and news that OPEC+ members are ready to increase
Oil edges lower after US data deflates near term rate cut expectations
Oil prices rose on Friday, continuing to climb after OPEC+ members Saudi Arabia and Russia indicated readiness to pause or reverse output agreements and as an interest rate cut in Europe raised the prospect of a similar U.
Exxon Stock Drops as Oil Prices Fall. Blame OPEC.
The OPEC announcement over the weekend was widely seen as a plan to add back production from members’ current coordinated cuts.
Oil Prices Slump on OPEC+ Plan to Unwind Production Cuts
Oil futures declines extended Tuesday on concerns that the market will be oversupplied following OPEC+'s plan to return barrels to the market earlier than expected. Will Kennedy reports on Bloomberg Television.
Most Gulf markets muted on falling oil prices
Most stock markets in the Gulf were subdued in early trading on Tuesday on falling oil prices as traders worried about supply ticking up later in the year amid signs of weakening U.S. demand.
4h
on MSN
Oil prices fall for a third consecutive week
Oil futures rose Friday, finding support after Saudi Arabia’s energy minister reiterated that an OPEC+ plan to unwind 2.2 ...
Odessa American
21h
US rig count down six as prices fall
The rig count in the Permian Basin was unchanged this week, the latest count Friday by Baker Hughes shows, with 310 rigs ...
Crude Oil Prices
3d
Oil Prices Fall After API Reports Large Surprise Builds in Crude And Products
Crude
oil
inventories in the United States rose this week by 4.052 million barrels for the week ending May 24, according to ...
8h
on MSN
Exxon Mobil’s stock could fall behind its peers — so stop buying, analyst says
Truist Securities backed away from its bullish call on Exxon Mobil’s stock, citing a number of concerns, such as the belief ...
Yahoo Finance on MSN
7h
Gas prices in Canada fall, with double-digit drop in Vancouver
Gas
prices
dropped an average of 5.2 cents per litre across Canada over the past week, according to pump data from nearly ...
Crude Oil Prices
3d
Oil Prices Fall as Bearish Sentiment Builds
Oil
prices
are under pressure as bearish sentiment builds due to OPEC+ underwhelming the market with its commitment to ...
Morningstar
4d
Oil prices fall after OPEC+ plans to begin phasing out voluntary cuts in fourth quarter
Oil
futures headed lower on Monday as traders assessed a decision by the OPEC+ to extend cuts by the group into 2025 but to begin unwinding some additional voluntary reductions later this year.
1d
Baytex Energy: Narrower WCS Differentials Partially Offset Lower Oil Prices
Baytex's Q1 2024 results were in line with expectations, and its full-year guidance remains unchanged. Read why improving WCS ...
Reuters
58m
Luxury prices in spotlight as Chanel enters new chapter
PARIS, June 7 (Reuters) - The departure of Chanel's top designer early Thursday sent ripples across the $1.62 trillion luxury ...
NBC New York
21h
Crude oil heads for third straight weekly loss as supply and demand worries weigh on market
Though
oil
prices
have bounced back over the past two days on hopes that lower rates might boost demand, the two crude ...
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