Oil prices fell in Asian trade on Tuesday as concerns over weak economic data from China and expectations of a U.S. interest rate hike weighed on...
The global oil market is set to witness a surge in prices to $90 per barrel this year, buoyed by the ongoing production cuts by OPEC+...
Oil prices have continued their downward trend in recent weeks as concerns mount over the slowing US economy and uncertainty surrounding OPEC+ cuts. According to recent...
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,...
