Oil futures declined on Friday to post losses for a third week in a row as traders looked to the latest monthly U.S. jobs ...
Oil prices are under pressure as bearish sentiment builds due to OPEC+ underwhelming the market with its commitment to extend ...
Consumer expectations: Falling oil prices can lead to a general expectation of easing inflation among consumers, especially ...
Oil prices continued to fall on Tuesday, June 4, as traders were concerned about weak U.S. economic data and news that OPEC+ ...
Crude oil inventories in the United States rose this week by 4.052 million barrels for the week ending May 24, according to ...
The crude oil market fell yet again on Tuesday, as the markets continue to price in the idea that the economy is falling ...
WTI Oil is unfolding an up leg within a falling channel. It is close to meeting resistance from the upper channel boundary line and the 50 SMA. A reversal at this point would probably lead to an ...
RAC senior policy officer Rod Dennis said: “A month of decreasing fuel prices should be seen as a good one for drivers, but ...
Oil prices fell Monday as the OPEC+ group of major crude producers signaled they would start to unwind output cuts later this ...
Jun. 7—The rig count in the Permian Basin was unchanged this week, the latest count Friday by Baker Hughes shows, with 310 rigs active in the region. A year ago, 346 rigs were active in the region.
On Monday, oil prices experienced a significant drop as investors assessed a complex agreement announced by the OPEC+ alliance, which involves extend ...
BAKU, Azerbaijan, June 4. The price of Azerbaijani Azeri Light crude oil based on CIF in the Italian port of Augusta on May 3 ...