Crude oil prices fell 5% this week due to weak demand concerns, while natural gas prices rose amid cooler weather forecasts.
U.S. benchmark crude log a nearly 5% weekly loss Oil futures settled at their lowest in over two months Friday with expectations for a supply surplus next year, strength in the U.S. dollar, and ...
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Oil prices have fallen against a backdrop of a “looming surplus, even as the U.S. appears headed for a soft landing,” said Michael Lynch, president of Strategic Energy & Economic Research. He pointed ...
Oil prices have fallen against a backdrop of a "looming surplus, even as the U.S. appears headed for a soft landing," said Michael Lynch, president of Strategic Energy & Economic Research.
At least three Russian oil refineries have been forced to halt or reduce production due to financial losses. Export ...
Crude oil futures were on pace Friday for loss for the week, as a supply gut and a strong dollar depresses the market. U.S.
Gasoline prices in Texas are 10 cents less per gallon less than the same time last year, even as tropical storms churn in the ...
Oil futures finished higher for a third consecutive session on Thursday, but prices remained lower for the week on the back ...
Weak oil demand has limited refinery intake of crude oil for processing into refined products. Read more here.