Oil prices continued to fall on Tuesday, June 4, as traders were concerned about weak U.S. economic data and news that OPEC+ ...
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 ...
Crude oil inventories in the United States rose this week by 4.052 million barrels for the week ending May 24, according to ...
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 ...
RAC senior policy officer Rod Dennis said: “A month of decreasing fuel prices should be seen as a good one for drivers, but ...
There was a big announcement from OPEC+ earlier this week that has been rattling through energy sector over the past several days. The group detailed a series of production cuts and extensions, giving ...
The crude oil market fell yet again on Tuesday, as the markets continue to price in the idea that the economy is falling ...
SINGAPORE - Oil extended losses after major oil-producing countries set out a plan to return some barrels to the market this ...
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 ...
Oil prices fell Monday as the OPEC+ group of major crude producers signaled they would start to unwind output cuts later this ...