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 ...
Crude oil inventories in the United States rose this week by 4.052 million barrels for the week ending May 24, according to ...
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 ...
Some commodities can serve as barometers of economic activity, and the recent sharp declines in diesel, oil, and copper ...
SINGAPORE - Oil extended losses after major oil-producing countries set out a plan to return some barrels to the market this ...
RAC senior policy officer Rod Dennis said: “A month of decreasing fuel prices should be seen as a good one for drivers, but ...
Consumer expectations: Falling oil prices can lead to a general expectation of easing inflation among consumers, especially ...
The OPEC announcement over the weekend was widely seen as a plan to add back production from members’ current coordinated ...
In addition to concerns over the OPEC+ and weak demand, oil traders were also seen pricing out a risk premium from crude ...
July WTI crude oil (CLN24) today is down -0.16 (-0.22%), and July RBOB gasoline (RBN24) is down -1.42 (-0.60%). Crude oil and gasoline prices today are mildly lower, with crude holding above Tuesday's ...
Oil prices fell Monday as the OPEC+ group of major crude producers signalled they would start to unwind output cuts later ...