Oil prices are under pressure as bearish sentiment builds due to OPEC+ underwhelming the market with its commitment to extend ...
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 ...
Brent crude futures fell $1.14 to $77.22 a barrel at 0825 GMT, while U.S. West Texas Intermediate crude futures eased $1.23 ...
Oil prices slid Monday as the OPEC+ group of major crude producers signalled they would start to unwind output cuts later ...
The detailed plan to unwind the extra cuts “makes it harder to maintain low production if the market turns out softer than ...
Exxon stock and shares of other big oil companies were falling Tuesday as the price of crude retreated.An OPEC announcement ...
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 ...
The crude oil market fell yet again on Tuesday, as the markets continue to price in the idea that the economy is falling ...
"With demand seasonally rising over the summer, we expect global oil inventories to fall and prices to rise as a result. Hence, we reiterate our recommendation for risk-seeking investors to sell the ...
Investing.com-- Oil prices fell to a four-month low in Asian trade on Tuesday, extending losses after the OPEC+ signaled it ...