Consumer expectations: Falling oil prices can lead to a general expectation of easing inflation among consumers, especially in a challenging economic environment when consumer budgets are tight. This ...
Oil prices are under pressure as bearish sentiment builds due to OPEC+ underwhelming the market with its commitment to ...
July WTI crude oil (CLN24) on Monday closed down -2.77 (-3.60%), and July RBOB gasoline (RBN24) closed down -8.18 (-3.39%). Crude oil and gasoline prices tumbled to 3-month lows on Monday. Crude ...
Benchmark U.S. crude oil for July delivery fell 97 cents to $73.25 per barrel Tuesday. Brent crude for August delivery fell 84 cents to $77.52 per barrel. Wholesale gasoline for July delivery rose 1 ...
The Australian share market is likely to start its day lower after heavy falls in oil and iron ore prices and a mixed ...
BP and Shell shares today hindered FTSE 100 progress after oil prices fell to their lowest level since February.
Moody’s Chief Economist Mark Zandi said if gasoline falls toward $3 a gallon by Election Day, Biden should win re-election. But if prices rise to more than $4, Donald Trump is more likely to prevail.
(MENAFN) Oil prices continued their decline in early trading on Tuesday, extending the losses from the previous session, which saw prices drop to their lowest levels in four months. This decline ...
US West Texas Intermediate crude futures eased 87 cents, or 1.17%, to $73.35 a barrel.