Oil price rally-September 13th,2024 America’s Roundup: US dollar falls after mixed economic data, Wall Street ends higher, Gold hits record high, Oil rises 2% Asia Roundup: Dollar hits eight month low ...
Crucially, this has translated into consistently lower prices at the pump for U.S. consumers. Last week's average spot gasoline price of $3.24 is the lowest since Mid-February says Jefferies, and it ...
Analysts have pointed out that, while geopolitical risks have occasionally driven up oil prices over the past year, the impact of the Russia-Ukraine war ...
U.S. oil production was unchanged 13.3 million barrels per day in the latest week, the EIA said, while crude stocks at the Cushing, Okla., Nymex delivery hub declined by 1.1 million barrels to 26.4 ...
Oil prices reversed gains Thursday, shrugging off a much larger decline in weekly crude stocks and OPEC+ delaying plans to ...
A continued decline in Brent crude prices has come as a blessing for oil marketing companies and paint manufacturers, while at the same time, dented sentiment for oil refiners. A decline in crude ...
LONDON (Reuters) -Oil prices fell slightly on Wednesday, hovering at their lowest levels since December after plunging more than 4% the previous day on signs of a weak global economy, lacklustre ...
SAO PAULO, Sept 2 (Reuters) - Brazilian state-run oil giant Petrobras (PETR4.SA), opens new tab lowered jet fuel prices for distributors by around 9% in some key marketing areas starting Sept.
Rigs in the Eagle Ford are now 2 below where they were this time last year. Oil prices fell on Friday on rumors that OPEC+ would unwind its production cuts as planned beginning in October.
Light crude oil futures are edging lower on Wednesday, following a sharp pullback that halted a recent three-day rally. Prices fell after failing to break through a key resistance zone between $76 ...
NEW YORK/LONDON, Aug 27 (Reuters) - A gauge of global shares was flat in choppy trading while oil prices slipped on Tuesday as investors weighed geopolitical risks as well as impending Nvidia ...
The energy sector was down 2% as the price of oil settled 2.4% lower at $75.53 a barrel on worries that slower economic growth in the U.S. and China could reduce demand for energy.