Investing.com-- Oil prices fell to four-month lows Tuesday, extending losses after the OPEC+ signaled it will begin tapering ...
Inventories are now at 340.2 million barrels—the highest level since March of 2023, but still well below the 656 million ...
Oil prices are under pressure as bearish sentiment builds due to OPEC+ underwhelming the market with its commitment to extend ...
Oil prices slid Monday as the OPEC+ group of major crude producers signalled they would start to unwind output cuts later ...
Consumer expectations: Falling oil prices can lead to a general expectation of easing inflation among consumers, especially ...
The detailed plan to unwind the extra cuts “makes it harder to maintain low production if the market turns out softer than ...
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 ...
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 ...
On Monday, oil prices experienced a significant drop as investors assessed a complex agreement announced by the OPEC+ alliance, which involves extend ...
Similarly, U.S. West Texas Intermediate (WTI) crude futures fell by 17 cents, or 0.2 percent, to USD74.05 per barrel, nearing the four-month low it reached after a 3.6 percent fall the previous day.
Crude prices plunge around 3% as investors seem to see signs of imminent oil oversupply after OPEC+'s decision to extend production cuts while signaling that it will phase out the curbs later this ...
Wall Street trading got off to a mixed start on Monday after a big day for the blue-chip Dow Jones in the previous session.