Inventories are now at 340.2 million barrels—the highest level since March of 2023, but still well below the 656 million ...
Oil prices continued to fall on Tuesday, June 4, as traders were concerned about weak U.S. economic data and news that OPEC+ ...
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 ...
RAC senior policy officer Rod Dennis said: “A month of decreasing fuel prices should be seen as a good one for drivers, but ...
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 ...
The detailed plan to unwind the extra cuts “makes it harder to maintain low production if the market turns out softer than ...
Some commodities can serve as barometers of economic activity, and the recent sharp declines in diesel, oil, and copper ...
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 ...
Investing.com-- Oil prices fell in Asian trade on Friday, extending recent losses after unexpected builds in U.S. product ...
Crude prices plunge around 3% as investors seem to see signs of imminent oil oversupply after OPEC+'s decision to extend production cuts while signaling that it will phase out the curbs later this ...