Oil prices have experienced a moment of stability after a recent drop, but weak refinery margins continue to pose a threat to the industry. On Thursday,...
Oil prices continue to face downward pressure, extending sharp losses from the previous session, even after a report showing that U.S. inventories fell last week. Brent...
China’s upcoming May Day holiday is bringing optimism to the oil industry as holiday travel is expected to increase fuel demand in the world’s second-largest economy....
Oil prices saw a decline on Monday as concerns over global economic growth and the outlook for fuel demand weighed heavily on the commodity market. Brent...
Oil prices took a sharp dive on Thursday, dropping by about $2 per barrel to their lowest level since late March. Investors King analysis showed that...
Brent crude oil fell by $2.58 to $70.12 a barrel, while U.S. West Texas Intermediate crude fell by $2.67 to $66.36 a barrel.
Oil prices were unchanged on Monday as investors looked towards Chinese economic data to gauge demand recovery in the world’s second-largest oil consumer. Brent crude oil,...
The Organization of the Petroleum Exporting Countries (OPEC) has recently flagged downside risks to summer oil demand as a backdrop to output cuts announced this month...
Oil prices took a dip on Thursday as the possibility of a recession in the United States, the world’s largest oil consumer, overshadowed worries about tight...
Oil prices have steadied as the market awaits the U.S. inflation data that will likely influence the Federal Reserve’s policy on interest rate hikes. Brent crude...
