Oil stabilized on Wednesday after one of its biggest falls for years, but remained under pressure from oversupply and concern that a slowing global economy would depress demand for fuel. Continue Reading
Crude prices plunged in a late session selloff to settle at 2018 lows Tuesday amid growing oversupply concerns. Receive daily email alerts, subscriber notes & personalize your experience. Register Now Continue Reading
The American Petroleum Institute (API) reported a surprise crude oil inventory build of 3.45 million barrels for the week ending December 14, compared to analyst expectations that we would see Continue Reading
Shares in the largest oil companies in Europe dropped to their lowest level in eight months on Tuesday, dragged down by across-the-board equity sell-offs in global markets and tumbling oil Continue Reading
Oil prices fell as much as 4 percent in volatile trading on Tuesday as planned production curbs by global producers, led by Saudi Arabia and Russia, failed to allay concerns Continue Reading
“There’s a lot of uncertainty on both sides of the oil equation. Is demand going to be strong and will supply come down?” said Rob Thummel, who manages energy assets Continue Reading
Oil prices tumbled on Tuesday after reports of swelling inventories and forecasts that record U.S. and Russian output will hit a market that may see weaker demand if global growth Continue Reading
Economic jitters and surging supplies from the U.S. to Russia hammered oil again, with crude suffering its biggest decline in more than three weeks. Futures slid 7.3 percent in New Continue Reading
Oil prices crashed to new one-year lows on Tuesday, dragged down by a deepening sense of global economic gloom as well as fears of oversupply in the oil market itself. Continue Reading
Fuel prices fell another 5 cents last week, to $2.37 per gallon, and the price drops that have been going on for about 10 weeks straight may continue at least Continue Reading
