US oil futures notched their seventh straight week of declines on Friday, marking their longest losing streak in five years. The prolonged drop comes as analysts worry about increased production ...
Sep WTI crude oil (CLU24) Friday closed down -1.12 (-1.43%), and Sep RBOB gasoline (RBU24) closed down -1.25 (-0.51%). Crude oil prices on Friday closed lower due to the week's theme of weaker ...
Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. Oil prices have just booked their third consecutive weekly drop.
Fed Minutes Drop Today, But All Eyes Are on Powell’s Jackson Hole SpeechWed, 21 Aug 2024 17:00:59 GMT Hang Seng and ASX 200 Fall as Global Markets React to Fed Rate OutlookFri, 23 Aug 2024 03:33 ...
Concerns about the U.S. economy overpowered fears of escalating tensions in the Middle East this week to push oil prices to their lowest point since early June. Benchmark U.S futures at times ...
NEW YORK, July 23 (Reuters) - Oil prices fell about 2% to a six-week low on Tuesday on rising expectations of a ceasefire in Gaza and growing concerns about demand in China. Brent futures fell $1. ...
Crude oil prices continued to fall on Tuesday, with WTI trading just above $75 and Brent slipping below $80. Concerns about Chinese demand continue to drag prices lower, with expectations of China ...
Oil futures finished higher on Wednesday for the first time in four sessions, finding support after official U.S. data revealed a weekly decline in crude inventories for a second week in a row.
The U.S. national average price of gasoline has fallen for six straight days as oil-price jumps have eased. Here's what could come next based on last year's gas price trends. In case you've missed ...
Remember back when oil prices were rising? Every single day, every last increase in dollars per barrel, could be accounted for by the pundits. Oh, oil's up today because the Israelis looked like ...