The OPEC announcement over the weekend was widely seen as a plan to add back production from members’ current coordinated ...
Most stock markets in the Gulf were subdued in early trading on Tuesday on falling oil prices as traders worried about supply ...
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 in a challenging economic environment when consumer budgets are tight. This ...
The crude oil market fell yet again on Tuesday, as the markets continue to price in the idea that the economy is falling ...
Brent crude futures fell $1.14 to $77.22 a barrel at 0825 GMT, while U.S. West Texas Intermediate crude futures eased $1.23 ...
Oil prices eased in early trade on Tuesday, extending their losses from the previous session when prices fell to their lowest ...
On Monday, oil prices experienced a significant drop as investors assessed a complex agreement announced by the OPEC+ alliance, which involves extend ...
SINGAPORE - Oil extended losses after major oil-producing countries set out a plan to return some barrels to the market this ...
(MENAFN) Oil prices continued their decline in early trading on Tuesday, extending the losses from the previous session, which saw prices drop to their lowest levels in four months. This decline ...
Oil prices have been reeling from fears of oversupply after OPEC+ decided to extend output cuts, but gradually increase supply, but UBS is pushing back against oversupply fears and believes now isn't ...