Oil prices have fallen sharply this year as the global supply has remained strong and demand has been slow to grow.
Stock-market investors might want to keep an eye on diverging paths for what are arguably the world’s two most closely followed commodities. Gold is the “most followed commodity in the world” and some ...
WTI crude oil slides to $56.8 amid record seaborne storage of 1.24 billion barrels. Click here for more information on WTI ...
This week, there will be three forecasts of the most important numbers when it comes to the global oil market and the price consumers pay for petroleum products: How much oil producers will supply, ...
Oil prices declined for a second consecutive session on Tuesday, weighed down by growing fears of oversupply and ongoing ...
Eight members of OPEC+ agreed on Sunday to lift their oil-production quotas by 137,000 barrels per day in October. Major oil producers on Sunday said they'll start to unwind even more of their ...
1557 ET – Sanctions placed on Iranian oil by the EU were overshadowed by reports of OPEC+ increasing the production coming out of member oil refineries. “It appears that the market wants to believe ...
The spiraling Middle East conflict has sent oil prices into a volatile rally over the last week, amid concerns over potential supply disruptions. Crude futures dropped Friday, however, after comments ...
The global oil market is set to tighten in the medium to longer term, recovering from short-term weakness, executives from ...