Oil prices fall as expectations of higher supplies hammer market sentiment
Oil prices fell for a third day on Friday, on course to end the week lower, as investors focused on expectations of higher supplies from Libya and the broader OPEC+ group of oil exporters.
Oil Prices, Stocks Fall Hard Despite Broad Rally in Commodities
Prices of copper and steel rose as reports emerged that China will add more stimulus measures to boost its economy.
Oil Prices Are Down. Here Are 3 Energy Stocks That Can Prosper No Matter Where Prices Go Next.
When oil prices recover, as they always have, Chevron reduces its leverage in preparation for the next downturn. Conservative income investors looking for an all-weather energy stock will be hard pressed to find a better option than 4.5%-yielding Chevron.
Crude oil prices today: WTI prices are down 2.39% today
Year to date, WTI prices are down by 4.47%. Brent futures traded at $73.42/bbl, a drop of 1.86% in the last 24 hours. Year to date, Brent prices are down by 7.13%. USA TODAY Blueprint may earn a commission from this advertiser.
U.S. Crude Oil Inventories Slump Much More Than Expected
Crude oil inventories in the U.S. tumbled by much more than expected in the week ended September 20th, according to a report released
Oil Falls Amid Concerns Over Rising Supply
Asian session. Prospects of rising supply from Libya and Saudi Arabia have weighed on oil prices, ING said.
U.S. Crude Oil Stockpiles Fall More Than Expected -- Update
U.S. crude oil inventories fell more than expected last week along with declines in gasoline and distillate stocks as refineries reduced their capacity use, according to data released Wednesday by the U.
US crude oil stockpiles hit lowest levels since early 2022
Crude oil inventories have hit their lowest levels in 2 1/2 years, new data from the Energy Information Administration show. Last week, stockpiles excluding the Strategic Petroleum Reserve dropped by around 4.
US crude oil stocks fall more than expected, reversing previous small rise
In July, the US Department of Energy (DOE) reported it was seeking up to 4.5 million barrels (mbbl) for the Strategic Petroleum Reserve (SPR) from October through December.
Crude oil prices today: WTI is trading at $67.90
The Brent/WTI spread has historically ranged between $4/bbl and $8/bbl, but it can expand or contract based on factors ...
Why oil prices have plunged 3% today
The kingdom is resigning itself to a period a lower prices, sources told the FT. Oil markets spiraled on the news, falling as ...
Crude Oil Prices33m
Oil Prices Set for a Weekly Loss as Supply Concerns Fade
Oil prices are set for a weekly drop due to a combination of factors, including the Libyan oil production agreement, Saudi Arabia's potential shift away from a $100 per barrel target, and OPEC+ plans ...
Oil prices slide 3% on prospect of more OPEC+ oil
Oil prices fell more than 3% on Thursday on a Financial Times report that Saudi Arabia, the world's top crude exporter, will ...
Oil Prices Retreat Toward Three-Year Lows...Again
Oil prices turned sharply lower Thursday, on waning hope that supply cuts from the OPEC+ cartel and Chinese economic stimulus ...
Oil’s Record Bearishness Shows Market Increasingly Run by Algos
For the last few weeks, speculators have been wagering against oil prices like never before.
Oil falls more than 2% on report Saudi Arabia vows to bring barrels back even if prices fall
Crude dropped more than 2% on reports that Saudi Arabia is ready to let more barrels flow into the market even if prices fall ...
Petrol prices to drop as Saudi Arabia prepares to flood oil market
Drivers are poised to benefit from lower prices at the pump as the world’s biggest oil exporting nation prepares to ramp up ...
Oil prices little changed as US stockpile drop outweighs demand concerns
Oil prices were little changed on Thursday after falling in the previous session, as signs of firmer fuel demand and falling ...