Oil’s Sedate Market Poised for Data Shot on OPEC-Led Cuts
Oil prices caught in a trance above $50 a barrel are set for a jolt as evidence on pledged output curbs from OPEC and other producing nations hits the market Continue Reading
Oil prices caught in a trance above $50 a barrel are set for a jolt as evidence on pledged output curbs from OPEC and other producing nations hits the market Continue Reading
A man changes the price for a gallon of gasoline at a gas station in Medford, Massachusetts December 4, 2014. U.S. states where gasoline taxes have not risen in decades Continue Reading
Oil Declines on Projected U.S. Crude Stockpiles Oil fell to the lowest in more than two weeks after industry data showed a surge in U.S. crude stockpiles, undermining OPEC’s efforts Continue Reading
Oil prices dropped on Wednesday to extend falls from the previous day, as a massive increase in U.S. fuel inventories and a slump in Chinese demand implied that global crude Continue Reading
Oil is getting tonked for a second consecutive day, as prices have run into resistance at the top of their trading range, sending them staggering lower once more. With record Continue Reading
The first month of the six-month OPEC deal is in the books and the early signs suggest that the oil group is thus far coming close to delivering on its Continue Reading
President Trump’s vow to “unleash an energy revolution” by reversing regulations may send oil and natural gas prices tumbling in 2018, according to Bank of America Merrill Lynch. Domestic oil Continue Reading
Oil fell in New York after the biggest drop in more than two weeks, on estimates that crude stockpiles continued to pile up in the U.S. Futures slipped 0.5 percent Continue Reading
Rather than rallying like Tom Brady and the New England Patriots, oil today is instead dropping faster than Lady Gaga’s mic, ushered lower by a stronger dollar and ongoing expectations Continue Reading
Oil traded near $54 a barrel as increased tension between Iran and the U.S. countered expectations of rising American production. Futures rose 0.3 percent in New York, extending a third Continue Reading