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Sep 13, 2022 · HOUSTON, Sept 13 (Reuters) - Oil prices ended nearly 1% lower on Tuesday, reversing earlier gains as U.S. consumer prices unexpectedly rose in August, giving cover for the U.S. Federal...
May 21, 2024 · HOUSTON May 21 (Reuters) - Oil prices settled 1% lower on Tuesday as lingering U.S. inflation looked likely to keep interest rates higher for longer, weighing on fuel demand. Brent crude...
May 21, 2024 · HOUSTON (Reuters) -Oil prices settled 1% lower on Tuesday as lingering U.S. inflation looked likely to keep interest rates higher for longer, weighing on fuel demand. Brent crude futures...
Separately, the Department of Energy said it is seeking to buy up to 3M barrels of oil for the U.S. Strategic Petroleum Reserve as prices fall further from its $79/bbl target acquisition price ...
Dec 9, 2022 · Oil prices have not soared but slipped, adding fuel to an argument made by Saudi energy minister Prince Abdulaziz bin Salman that in the face of a weakening global economy, pre-emptive cuts...
Sep 23, 2022 · Oil prices continued to tank on Friday, posting a fourth straight week of declines and falling to their lowest level since January amid rising fears that a looming economic downturn will hurt...
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Sep 1, 2022 · Crude Oil: The federal government’s EIA report revealed that crude inventories fell 3.3 million barrels compared to expectations of a 1.9 million-barrel decrease per the analysts surveyed...