Category: Prices

Oil prices fell on Thursday to extend losses from the previous session, pressured by signs of rising supply and by growing concerns that demand may weaken on the prospect of Continue Reading

In the past month, U.S. benchmark crude prices fell significantly, while domestic storage levels posted the largest series of builds so far this year. Lower prices and higher inventories represented Continue Reading

Oil prices fell on Wednesday and posted the worst monthly performance since mid-2016 on evidence of rising global crude supply, but losses were limited by signs of strong U.S. demand Continue Reading

Investors are growing increasingly pessimistic about the direction that the oil market is heading in, and their negative outlook is helping to drag down crude oil prices. Hedge funds and Continue Reading

 Oil is likely to stay above $75 a barrel, fueled by supply disruptions exacerbated by U.S. sanctions on Iran, but further gains could be limited as economists and analysts see Continue Reading

Crude oil futures retraced losses in mid-morning trade in Asia Wednesday following a sharp overnight decline, though the near-term outlook remains volatile. Receive daily email alerts, subscriber notes & personalize Continue Reading

Oil prices climbed for the first time in three days on Wednesday, rising around 1 percent ahead of the start of U.S. sanctions against Iran next week and as stock Continue Reading

Global economic momentum is decelerating, according to a broad range of financial and real-economy indicators, which is weighing on worldwide equity markets and oil prices. The depth and duration of Continue Reading

Crude oil prices have gone up high enough to begin hurting demand for the commodity, the chief of the International Energy Agency, Fatih Birol, said as quoted by Reuters on Continue Reading

The recent drop in oil prices by around $10/b is a welcome change and gives breathing room to oil consumers, but the market is not out of the woods yet Continue Reading