Oil futures rose Friday, finding support after Saudi Arabia’s energy minister reiterated that an OPEC+ plan to unwind 2.2 ...
Oil futures climbed Wednesday, with prices looking to recoup some of their losses from a five-session decline. Gains were ...
Oil prices on Monday hit their lowest levels in months despite the Saudi-led OPEC and its Russia-led allies agreeing on ...
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 ...
Oil prices are under pressure as bearish sentiment builds due to OPEC+ underwhelming the market with its commitment to extend ...
Last week, Light Crude Oil futures settled at $75.53, down $1.46 or -1.90%.
A pledge by OPEC+ to continue production cuts could not overcome concerns over US interest rates, sending WTI to a third weekly loss.
The rig count in the Permian Basin was unchanged this week, the latest count Friday by Baker Hughes shows, with 310 rigs ...
Some commodities can serve as barometers of economic activity, and the recent sharp declines in diesel, oil, and copper ...
By Giulia Petroni The sharp fall in crude oil prices following OPEC+'s latest policy move was largely amplified by short selling and movements in the ...
Oil prices fell early on Friday as investors reacted to comments from U.S. Federal Reserve officials dismissing the possibility of imminent rate cuts and a surprising increase in U.S. gasoline stocks.