The OPEC announcement over the weekend was widely seen as a plan to add back production from members’ current coordinated ...
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 ...
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 ...
Oil futures ticked lower early Wednesday, feeling pressure after industry data showed an unexpected rise in U.S. 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 ...
In addition to concerns over the OPEC+ and weak demand, oil traders were also seen pricing out a risk premium from crude ...
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 ...
How are bullion, agricultural commodities, and industrial metals faring today? We bring you the latest updates from the world ...
Early Asian trade on Wednesday saw oil prices continue their little decline from the previous session as worries ... defying ...