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 futures settled higher on Wednesday, with prices recouping a portion of their losses from a five-session decline.
Oil prices slid Monday as the OPEC+ group of major crude producers signalled they would start to unwind output cuts later ...
The detailed plan to unwind the extra cuts “makes it harder to maintain low production if the market turns out softer than ...
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 ...
RAC senior policy officer Rod Dennis said: “A month of decreasing fuel prices should be seen as a good one for drivers, but ...
The national and Oregon averages for a gallon of regular gas have fallen to their lowest prices since March. The driving ...
Some of the world’s largest oil producers have agreed to extend output cuts, here’s what that could mean for gas prices.
Consumer expectations: Falling oil prices can lead to a general expectation of easing inflation among consumers, especially ...
In addition to concerns over the OPEC+ and weak demand, oil traders were also seen pricing out a risk premium from crude ...