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 ...
The U.S. Drought Monitor currently classifies just over 66% of the state as being in a severe drought covering most of the ...
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 futures declined on Friday with expectations for a supply surplus next year, strength in the U.S. dollar, and continued ...
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 ...
Pump prices of petroleum products are expected to roll back next week, according to the Department of Energy (DOE) on Friday.