Oil Slips for a Third Straight Day on Prospect of US Rates Staying High. More. Reuters. FILE PHOTO: Model of Oil barrels are seen in front of rising stock graph in this illustration, July 24, 2022.

Oil prices fell on Wednesday, after a gain of 4% in the previous session, as markets weighed up the chance of supply ...

Oil prices fell on Wednesday, retreating for a third straight day on expectations that the Federal Reserve might keep US interest rates higher for longer due to sustained inflation, potentially ...

Oil slips for third day as recession fears mount U.S. Federal Reserve Chair Jerome Powell’s comments this week on the likelihood that interest rates will need to be raised more than previously ...

NEW YORK (Reuters) -Oil prices fell on Friday on worries that U.S. tariff wars could spark a global recession, but gained for a third consecutive week after Washington ratcheted up pressure on ...

Oil Slips as OPEC Eyes Boost ... If OPEC+ approves the potential increase of 411,000 barrels a day when it meets on June 1, it will mark the third month in a row the cartel has agreed to boost ...

Oil slips for a third straight day on prospect of US rates staying high. By Nicole Jao. May 22, 2024 7:31 PM UTC Updated ago Item 1 of 2 Model of Oil barrels are seen in front of ...

Oil prices fell around 1 per cent on Wednesday, retreating for a third straight day on expectations that U.S. interest rate cuts might be deferred due to sustained inflation, which could weaken ...

Oil Slips on Recession ... but gained for a third consecutive week after ... The measures could exacerbate an anticipated 200,000 barrel-per-day decline in Venezuelan crude oil ...

NEW YORK (Reuters) -Oil prices fell more than 1% on Wednesday, retreating for a third straight day, as Fed officials rekindled worries about oil demand when they indicated interest rate cuts might ...