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 ...
Inventories are now at 340.2 million barrels—the highest level since March of 2023, but still well below the 656 million ...
Oil prices are under pressure as bearish sentiment builds due to OPEC+ underwhelming the market with its commitment to extend ...
Most stock markets in the Gulf were subdued in early trading on Tuesday on falling oil prices as traders worried about supply ...
The crude oil market fell yet again on Tuesday, as the markets continue to price in the idea that the economy is falling ...
Brent crude futures fell $1.14 to $77.22 a barrel at 0825 GMT, while U.S. West Texas Intermediate crude futures eased $1.23 ...
Investing.com-- Oil prices fell to four-month lows Tuesday, as OPEC+ signaled it will begin tapering off its production cuts this year just as demand worries intensified following weak data from major ...
On Monday, oil prices experienced a significant drop as investors assessed a complex agreement announced by the OPEC+ alliance, which involves extend ...
The detailed plan to unwind the extra cuts “makes it harder to maintain low production if the market turns out softer than ...
Welcome to the Trading Day blog for Wednesday, June 5. ASX 200 to waver. March quarter GDP data, due 11.30am AEST, to show ...