This unexpected rise in inventories signaled potential oversupply concerns, leading to downward pressure on oil prices.
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 on Monday hit their lowest levels in months despite the Saudi-led OPEC and its Russia-led allies agreeing on ...
In summer 2022, the price of a barrel of oil surged to $120, sending gas prices around Ohio past $5 a gallon. This price ...
Oil prices are under pressure as bearish sentiment builds due to OPEC+ underwhelming the market with its commitment to ...
RAC senior policy officer Rod Dennis said: “A month of decreasing fuel prices should be seen as a good one for drivers, but ...
Oil futures ticked lower early Wednesday, feeling pressure after industry data showed an unexpected rise in U.S. crude ...
India stands to gain as oil prices have fallen by over USD 4 a barrel this week to a four-month low in the international ...
Early Asian trade on Wednesday saw oil prices continue their little decline from the previous session as worries about ...
Oil prices have now fallen below $80 a barrel for the first time since February 7. This augurs well for the Indian economy as the country imports around 85 per cent of its crude requirement and any ...
The Canadian market is down firmly in negative territory Monday afternoon with energy stocks reeling under sustained selling pressure ...