Despite a ninth consecutive week of falling gasoline prices in the United States, the streak of declines could soon see its end as wholesale gasoline prices have rebounded in recent Continue Reading
Barclays lowered its Brent price forecasts on Tuesday by $8 per barrel for 2022 and 2023, as it expects a large surplus of crude oil over the near-term due to Continue Reading
U.S. natural gas futures fell about 1% on Monday on rising supplies and forecasts for cooler weather and lower air conditioning demand over the next two weeks than previously expected. Continue Reading
Oil prices fell by more than $3 a barrel on Monday on concerns over demand in China, the world’s largest crude importer, and ahead of Iran’s response to a nuclear Continue Reading
Crude oil futures were lower in mid-morning Asian trade Aug. 15 on profit-taking amid a lack of fresh cues and after the ICE Brent marker briefly retook $100/b late last Continue Reading
Highlights US pump prices fall below $4/gal for first time since early March ‘Substantial’ gas-to-oil switching in Europe amid gas crunch: IEA Crude oil futures were lower in mid-morning Asian Continue Reading
– Oil prices were down slightly on Friday but set to rise on the week as recession fears eased through an uncertain demand outlook capped gains. Brent crude futures were Continue Reading
Oil prices were down slightly on Friday but set to rise on the week as recession fears eased though an uncertain demand outlook capped gains. Brent crude futures were down Continue Reading
OPEC expects global oil markets to tip into a surplus as the I.E.A. boosted its forecast for global demand growth this year. Elizabeth Low reports. Oil headed for the biggest Continue Reading
Oil prices settled up more than $2 on Thursday after the International Energy Agency raised its oil demand growth forecast for this year as soaring natural gas prices have some Continue Reading
