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Oil Prices, OPEC+
Oil prices slide to 4-mth low on demand fears, OPEC production outlook
Investing.com-- Oil prices fell to four-month lows Tuesday, extending losses after the OPEC+ signaled it will begin tapering off its production cuts this year, while weak economic data raised concerns about sluggish demand.
Why Are Oil ETF Prices Falling?
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 can become a self-fulfilling prophecy, as businesses might lower prices preemptively based on the anticipated decline in demand or production costs.
Exxon Stock Drops as Oil Prices Fall. Blame OPEC.
The OPEC announcement over the weekend was widely seen as a plan to add back production from members’ current coordinated cuts.
Crude Oil Price Forecast – Crude Oil Continues to Fall
FXEmpire.com - WTI Crude Oil Technical Analysis. The West Texas Intermediate crude oil market fell rather hard again during the trading session on Tuesday, as it looks like trader
Most Gulf markets muted on falling oil prices
Most stock markets in the Gulf were subdued in early trading on Tuesday on falling oil prices as traders worried about supply ticking up later in the year amid signs of weakening U.S. demand.
Oil Prices Slump on OPEC+ Plan to Unwind Production Cuts
Oil futures declines extended Tuesday on concerns that the market will be oversupplied following OPEC+'s plan to return barrels to the market earlier than expected. Will Kennedy reports on Bloomberg Television.
Gas prices, Columbus
Gas prices should continue to fall, here’s why
After a brief rise last week, the nation’s average gasoline price is again falling, declining 5.8 cents per gallon to $3.50 per gallon Monday, according to GasBuddy® data.
Gas prices move lower as summer travel begins
"The summer travel season is beginning with gasoline prices that are 20 cents less than the highest price this year," said AAA spokesman Mark Jenkins. "While gasoline prices are usually volatile through the summer months,
Gas Prices Are Dropping This Summer, a Look at What’s Behind the Fuel Cost Slide
If you’ve noticed a slight decrease in the amount it costs to fill your gas tank, you’re not alone. With crude oil prices on a decline, so too are the prices of diesel and jet fuel—both significant contributors to oil refiners’ profits.
2h
on MSN
Oil prices edge lower after industry data shows rise in U.S. crude, gasoline stocks
Oil futures ticked lower early Wednesday, feeling pressure after industry data showed an unexpected rise in U.S. crude ...
Crude Oil Prices
16h
Oil Prices Fall After API Reports Large Surprise Builds in Crude And Products
Crude
oil
inventories in the United States rose this week by 4.052 million barrels for the week ending May 24, according to ...
3h
on MSN
Commodity Roundup: UBS sees near-term oil market volatility after sell-off
Monty Rakusen Oil prices were little changed on Wednesday, following a steep fall on the back of OPEC+ plans to begin phasing ...
Yahoo Finance
1d
Oil prices fall to 4-month lows as fallout from OPEC+ decision continues
Investing.com--
Oil
prices
fell to four-month lows Tuesday, as OPEC+ signaled it will begin tapering off its production cuts this year just as demand worries intensified following weak data from ...
Crude Oil Prices
1d
Oil Prices Fall as Bearish Sentiment Builds
Oil
prices
are under pressure as bearish sentiment builds due to OPEC+ underwhelming the market with its commitment to ...
11d
on MSN
Oil prices end higher, but fall more than 2% for the week
Oil futures inched higher on Friday, but were on track to notch losses for the week as traders noted concerns that the ...
5h
on MSN
Stock market today: Asian stocks trade mixed after Wall Street logs modest gains
Asian shares are mixed as investors weighed data highlighting a slowing U.S. economy that offers both upsides and downsides ...
1d
on MSN
FTSE 100 Live 4 June: Index lower as oil prices continue retreat, Ocado slides ahead of relegation
BP and Shell shares today hindered FTSE 100 progress after oil prices fell to their lowest level since February.
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