Shares of big oil companies were falling Tuesday as the price of crude retreated.An OPEC announcement over the weekend was ...
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 ...
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 ...
BP and Shell shares today hindered FTSE 100 progress after oil prices fell to their lowest level since February.
The Australian share market is likely to start its day lower after heavy falls in oil and iron ore prices and a mixed ...
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 ...
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.
US West Texas Intermediate crude futures eased 87 cents, or 1.17%, to $73.35 a barrel.