News

As oil prices fall can Gulf big spenders keep Trump pledges?
Wealthy Gulf states are promising President Trump huge investments into the US. But at the same time, the price of oil is ...
Oil Prices Fall as OPEC Increases Supply Despite Fears of an Economic Slowdown
U.S. oil prices fell to $57 a barrel after the OPEC Plus cartel said this weekend that it would pump more oil.
WSB-TV8d
Wall Street loses ground, breaking a 9-day winning streak, and crude oil prices tumble
NEW YORK — (AP) — Stocks closed lower on Wall Street Monday, breaking a nine-day winning streak, as oil prices hit a four-year low after the OPEC+ group announced plans to increase output.
NBC DFW10d
U.S. crude oil closes at lowest level since 2021 after OPEC+ agrees to production surge in June
Global benchmark Brent crude fell $1.06, or 1.7%, to settle at $60.23 per barrel. Oil prices have fallen about 20% this year. The eight producers in the group, led by Saudi Arabia, agreed on ...
Maine Public7d
Why oil prices are falling and what it means for the economy
Between tariffs roiling the global economy and OPEC putting more barrels on the market, prices have dropped significantly ...
Investment Executive8d
Oil prices fall and world share prices are mixed in thin holiday trading
Global shares were mixed in holiday-thinned trading Monday, while oil prices fell after the OPEC+ group of oil producing nations said it plans to boost output. Markets were closed in Britain and ...
Russia's oil price in roubles at two-year low, 40% below budgeted level, data shows
Russia's oil price in roubles has fallen to a two-year low below the 4,000 rouble per barrel mark and some 40% lower than ...
Profits at American oil giants Exxon Mobil and Chevron fall in tandem with waning energy demand
Chevron also reported its lowest first-quarter profits in years, with per-share adjusted profit falling to $2.18 per share on ...