Crude oil prices fell for a fourth day on Wednesday, with jittery investors awaiting official U.S. stockpile figures later in the day after less comprehensive industry data showed a surprise Continue Reading
Oil prices remained week on Tuesday morning despite a weaker dollar, whereas gasoline prices pumped on yet another outage on the Colonial Pipeline. (Click to enlarge) (Click to enlarge) (Click Continue Reading
Crude oil prices fell Tuesday, reversing earlier gains, amid persistent skepticism about OPEC’s plans to cut production. Oil prices are at their lowest point since late September, as the aftershocks Continue Reading
6-month Brent contango widens, may cover storage costs: survey 5-10 ships likely booked to store oil: Tankers International As crude prices continue to get dragged down by a global glut Continue Reading
Wall St brokers OPEC’s increasingly probable failure to reach a production freeze deal will see international oil prices plummet back to US$40 a barrel, according to Goldman Sachs analysts. In Continue Reading
Retail gasoline prices in the United States may be erratic as investors guess on what happens next with OPEC, though pain at the pump is diminishing, AAA said. The motor Continue Reading
Oil prices edged higher from one-month lows in early trading in Asia on Tuesday after OPEC agreed on a long-term strategy that was seen as an indication the cartel was Continue Reading
Apache Economists and analysts have kept their average Brent price outlook for 2016 almost unchanged at US$44.78 per barrel, as growing hurdles to a global deal on production limits put Continue Reading
Oil prices fell to a five-week low Monday on lingering negative sentiment around the proposed production cuts by major oil-producing nations. U.S. crude for December delivery settled down $1.84, or Continue Reading
Price recovery has already taken far too long: OPEC’s Barkindo Non-OPEC nations end talks without commitments, Brazil says Oil traded near the lowest level in a month in New York Continue Reading
