Oil Prices Fall on Strike NewsOil prices fell Wednesday as an oil worker strike in Brazil was called off and Canadian Occidental Petroleum resumed production at an oil field in Yemen.U.S. NewspapersTHE JOURNAL RECORD
The energy market is very ‘jaded’ from trading geopolitics, says Energy Aspects’ Amrita Sen U.S. crude oil prices fall more than 2% after OPEC cuts demand forecast again watch now China driving oil markets in a ‘different way’ this year: S&P Global ...
NEW YORK, Jan. 11 (Xinhua) -- Oil prices dropped on Friday, snapping its consecutive rally for nine days, weighed down by the rising greenback and sliding energy stocks due to concerns caused by the ongoing U.S. government shutdown. Crude futures sank along with the ebbing energy sector i...
Over the weekend, Russian Finance Minister Anton Siluanov said in Washington that Russia and OPEC may decide to boost production to avoid further loss of the global market, according to Russian news agency TASS. The remarks reversed Friday's rising oil prices, which was boosted by a massive acq...
(Reuters) -Oil prices settled 1% lower on Wednesday after a smaller-than-expected draw in U.S. crude stockpiles and as concerns over Chinese demand persisted, though losses were capped by supply risks in the Middle East and Libya.
Oil prices fall as coronavirus spreads outside China FILE - In this Thursday, Aug. 31, 2017, file photo, a flame burns at the Shell Deer Park oil refinery in Deer Park, Texas. With the viral outbreak spreading to more countries, the price of oil has dropped precipitously as global ...
Oil has been falling steadily partly because worries about disruptions of the oil supply from Iraq have subsided
Oil prices drop more than 4% after data show surprising surge in stockpiles Oil prices slid nearly 5 percent on Wednesday after the U.S. government reported an unexpected increase in crude inventories, fanning fears that output cuts by major world oil producers have not drained a global glut ...
Natural-gas prices on Nymex on Thursday ended with a loss, even after the EIA reported that U.S. supplies of the commodity in storage dropped by 326 billion cubic feet for the week ended Jan. 19. The weekly decline matched the average fall forecast by analysts polled by S&P Global ...
Oil prices fell Thursday as Covid-19 lockdown outweighed a large container ship blocking oil tankers and other ships in the Suez Canal for a third day.