Oil prices continued to fall on Tuesday, June 4, as traders were concerned about weak U.S. economic data and news that OPEC+ ...
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 ...
Investing.com-- Oil prices fell to four-month lows Tuesday, extending losses after the OPEC+ signaled it will begin tapering ...
The crude oil market fell yet again on Tuesday, as the markets continue to price in the idea that the economy is falling ...
The sharp fall in crude oil prices following OPEC+'s latest policy move was largely amplified by short selling and movements in the options market, according to some analysts. Crude benchmarks lost ...
RAC senior policy officer Rod Dennis said: “A month of decreasing fuel prices should be seen as a good one for drivers, but the sheer time it is taking for any meaningful price reductions to reach ...
The detailed plan to unwind the extra cuts “makes it harder to maintain low production if the market turns out softer than ...
Consumer expectations: Falling oil prices can lead to a general expectation of easing inflation among consumers, especially ...
On Monday, oil prices experienced a significant drop as investors assessed a complex agreement announced by the OPEC+ alliance, which involves 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 ...