Crude Oil price consolidates recent gains on Friday. With tensions in the Middle East back on the forefront while US strategic reserves are running lower, a surge in prices looks granted. Going ...
Another seasonal trend is helping as well: The switch back from summer gas. Every fall, refineries switch back to making the ...
Oil futures were steady early Friday as investors awaited the U.S. August jobs report, but were on track for a large weekly ...
Gas prices have plummeted about 13% from a 2024 peak in April, which amounts to a decline of nearly 50 cents per gallon, ...
Oil prices extended gains on Tuesday as the market eyed U.S. output concerns in the aftermath of Hurricane Francine and ...
Oil prices rose by a dollar a barrel on Tuesday as supply disruptions mounted and traders bet that demand will grow if the ...
Oil prices were falling early Tuesday on concerns that global demand is weakening, particularly in China, the second-biggest economy. Chinese refinery output fell in August, a report showed over the ...
Falling oil prices, driven by weakening Chinese demand and a potential shift in OPEC+ strategy, pose challenges for Big Oil's ...
Gulf policymakers followed the US Federal Reserve’s move to cut interest rates for the first time since the Covid-19 pandemic, giving the energy-rich region some respite from the impact of lower oil ...
The Brent/WTI spread has historically ranged between $4/bbl and $8/bbl, but it can expand or contract based on factors ...
Investors should not lose sight of the impact of falling crude oil prices on MCX. That’s because options are the company’s ...
The ringgit was lower against the US dollar in early trade on Friday as falling oil prices weighed on sentiment and as ...