Oil futures declined on Friday with expectations for a supply surplus next year, strength in the U.S. dollar, and continued ...
Fuel import prices were notably higher by 1.5% on month as global oil prices increased amid tensions in the Middle East. Prices of other imported goods also rose, albeit less strongly.
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.
The closures highlight the struggles of the Russian refining industry, which has been caught in the crosshairs of Ukrainian ...
In a welcome relief to Ghanaian motorists, fuel prices are expected to decrease starting tomorrow, November 16, 2024.
The Zacks Oil and Gas - Exploration and Production - Canadian industry faces mixed dynamics. Weaker Chinese consumption, a critical factor in global oil pricing, has prompted OPEC+ production cuts. If ...
The ICE U.S. Dollar Index DXY, a measure of the currency against a basket of six major rivals, is on track for a 1.5% weekly rise and traded at its highest in a year. A rising dollar can be a negative ...
Oil futures finished higher for a third consecutive session on Thursday, but prices remained lower for the week on the back ...
Oil prices are set to end the week lower than they started as expectations of weaker global economic growth fuel expectations ...
At least three Russian refineries had to halt processing or cut runs due to heavy losses amid export curbs, rising crude prices and high borrowing costs, according to five industry sources.
The U.S. Energy Information Administration lowered its Brent spot average price forecast for next year in its latest short ...