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- Benchmark crude oil futures fell Monday in their largest one-day decline in more than two years after Israel's weekend strikes on Iran avoided energy facilities and eased worries of a wider war that could disrupt global supplies.
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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...
Dec 9, 2022 · Total US oil demand has not yet caught up to the pre-Covid era. But prices could still rebound. Oil market bears think all this points to a cyclical unwinding of oil prices that lasts.
5 days ago · 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 ...
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...
- Sergei Klebnikov
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...
Aug 17, 2022 · Experts have said that a major reason that oil prices have declined is because oil traders fear that major economies worldwide may be headed for an economic downturn that could reduce...
