Crude oil prices fell 5% this week due to weak demand concerns, while natural gas prices rose amid cooler weather forecasts.
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 ...
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 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 ...