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 ...
RAC senior policy officer Rod Dennis said: “A month of decreasing fuel prices should be seen as a good one for drivers, but ...
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 ...
Some commodities can serve as barometers of economic activity, and the recent sharp declines in diesel, oil, and copper ...
The OPEC announcement over the weekend was widely seen as a plan to add back production from members’ current coordinated ...
Consumer expectations: Falling oil prices can lead to a general expectation of easing inflation among consumers, especially ...
Investing.com-- Oil prices fell in Asian trade on Friday, extending recent losses after unexpected builds in U.S. product ...
In addition to concerns over the OPEC+ and weak demand, oil traders were also seen pricing out a risk premium from crude ...