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 ...
Consumer expectations: Falling oil prices can lead to a general expectation of easing inflation among consumers, especially ...
The detailed plan to unwind the extra cuts “makes it harder to maintain low production if the market turns out softer than ...
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 ...
Early Asian trade on Wednesday saw oil prices continue their little decline from the previous session as worries ... defying ...
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 ...
On Monday, oil prices experienced a significant drop as investors assessed a complex agreement announced by the OPEC+ alliance, which involves extend ...
Welcome to the Trading Day blog for Wednesday, June 5. ASX 200 to waver. March quarter GDP data, due 11.30am AEST, to show ...
Currency has largely remained stable as it continued to move in range of Rs278-278.50/$ over the past several weeks ...