Crude Oil
Oil Prices Drop as Market Awaits U.S. Inflation Figures
Crude Oil
Global Oil Prices Appreciate to $77.85 After Saudi Announces Plan to Cut Production
Global oil prices appreciated on Monday morning following Saudi Arabia’s announcement that it will cut crude oil production by 1 million barrels per day (bpd) from the month of July to curb global economic headwinds weighing on the market.
Crude Oil
Global Oil Prices Surge as US Lawmakers Suspend Debt Ceiling
Global oil prices appreciated on Friday after the United States lawmakers voted to have the country’s debt ceiling suspended for the next two years.
Crude Oil
Weak Chinese Data Weighs on Oil Prices Today
Oil prices declined by 2% on Wednesday as weak Chinese data and a stronger United States dollar dragged on commodity prices.
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