The FT reported Friday that Saudi Arabia is considering prolonging production cuts into 2024, sending international and US ...
Oil prices experienced an upward surge on Tuesday, putting an end to a multi-session decline in anticipation of a pivotal ...
This week, it finds itself nudged by the invisible hands of conflict and concern, as crude oil prices register a rise, finding their terrain on the peaks of over $90 per barrel for WTI and $93 for ...
Global oil prices fell by nearly 5% Thursday, continuing a nearly two month decline amid rising U.S. oil supply and sluggish ...
Earnings of Murphy USA are beginning to decline as the retail gas prices fall. Read more to see an overview and analysis of ...
OPEC+ meeting delay triggers oil price drop. U.S. oil inventory rise, distillate stocks at yearly low. Bearish market outlook amid currency, economic shifts. Global Oil Market Faces Uncertainty Amid ...
Oil prices fell as fresh data also showed that the US continued to churn out a record 13.2 million barrels of crude a day.
Yesterday brought the IEA monthly report which cautioned that the ongoing supply cuts by Saudi Arabia and Russia will result in a deficit during Q4 of 2023. The OPEC monthly report released a day ...
(MENAFN) The downward trend in oil prices persisted for the fourth consecutive session as traders eagerly awaited the outcomes of the postponed OPEC+ meeting scheduled for the 30th of this month.
Stay informed on the latest oil market developments. US crude builds, China demand worries, and technical factors impact ...
U.S. stock-index futures fell and oil prices jumped late Sunday, as investors were rattled by geopolitical uncertainty after Hamas launched a surprise weekend attack on Israel. Dow Jones ...
Escalating fears of oil supply shortages caused by conflict between Israel and Hamas have softened Oil prices could soar to a record high of more than $150 per barrel if the war between Israel and ...