Escalating tensions may constrain near-term supply, but a post-Maduro scenario with lifted sanctions could allow Venezuela to ...
West Texas Intermediate crude futures for February jumped 1.2% to $55.78 a barrel by 19:28 ET (00:28 GMT). This was after WTI and Brent oil prices slumped to a five-year low in the prior session, amid ...
January WTI crude oil (CLF26 ) on Tuesday closed down -1.55 (-2.73%), and January RBOB gasoline (RBF26 ) closed down -0.0514 ...
For example, US shale is known to be profitable at around $70 per barrel. As pressure mounts, producers can be squeezed out ...
Global oil prices fell to the lowest levels since February 2921 on Tuesday, with U.S. crude testing $55 a barrel. Renewed ...
Crude Oil remains under pressure on Tuesday, extending its decline for a fourth consecutive day as persistent oversupply ...
Oil prices on Tuesday dropped to their lowest point since 2021. U.S. benchmark West Texas Intermediate (WTI) was trading at ...
Energy futures are also being pressured by release of delayed employment data from the Bureau of Labor Statistics that showed the U.S. unemployment rate rose to its highest level in four years. The ...
Wall Street lacked clear direction on Tuesday, as mixed labor market data failed to ignite a fresh wave of risk-on sentiment.
Crude oil prices fell to levels not seen since the start of 2021 as a widely expected supply glut picked up momentum and peace talks in the Russia-Ukraine conflict took steps forward. Futures on ...
Brent crude oil prices fell to below $60 a barrel on Tuesday, the lowest since May, amid investor optimism over progressing ...
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