Oil prices fell on Thursday, weighed down by data showing a smaller-than-expected draw on U.S. crude stockpiles and worries about the global economy. Front-month Brent crude futures LCOc1, the international Continue Reading
Crude oil futures were lower during mid-morning trade in Asia Thursday despite a fall reported in US crude stocks, as market participants remained focused on growth and demand related concerns. Continue Reading
Oil prices edged higher on Wednesday ahead of a U.S. holiday, after falling steeply a day earlier as worries about a slowing global economy outweighed a decision by OPEC and Continue Reading
Crude oil futures were higher during mid-morning trade in Asia Wednesday after a reported draw in weekly US crude inventory data, while the decisions by OPEC and its allies to Continue Reading
Oil prices fell more than 4% on Tuesday, even after OPEC and allies including Russia agreed to extend supply cuts until next March, as weak manufacturing data had investors worried Continue Reading
Oil futures settled sharply lower Tuesday as pre-holiday profit-taking exacerbated downward pressure stemming from emboldened demand growth concerns. NYMEX August WTI settled down $2.84 at $56.25/b and ICE September Brent Continue Reading
Oil prices slipped on Tuesday as concerns that the global economy could be slowing outweighed an agreement by producer club OPEC on Monday to extend supply cuts until next March. Continue Reading
Oil prices pared gains on Monday after worries about oversupply persisted, pulling back from an early rally as OPEC extended supply cuts until March 2020 during a meeting in Vienna. Continue Reading
Today, gasoline taxes are rising in a dozen U.S. states.The following infographic shows where gasoline taxes are going up today and it’s based on data from the Institute on Taxation Continue Reading
Crude oil futures soared by nearly 2% during mid-morning trade in Asia Monday as OPEC and its allies look to extend their supply cut agreement at a time of growing Continue Reading
