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Oil slips for third day. Oil fell for a third straight session today, with the US benchmark depressed by brimming petroleum stockpiles, as the dollar jumped and Asian equities declined on investor ...
The Dow Jones Industrial Average gained ground as metal, cyclical and financial stocks kept a bullish profile. But ...
US Crude Oil bidding action has eased off the pedal, capping gains and chalking in a three-day losing streak as price action falls back toward the 200-day Exponential Moving Average (EMA) near $73.50.
Oil prices settled higher on Thursday, marking a three-day streak of gains, after data showed gasoline and distillate drawdowns in the U.S., while worries about supply disruptions in Russia also ...
OPEC+ forecasts global oil demand to grow by 1.93 million barrels per day in 2024, down from the 2.03 million barrels expected in September’s report. OPEC+ also cut its demand forecast for 2025.
The measures could exacerbate an anticipated 200,000 barrel-per-day decline in Venezuelan crude oil output this year, Singh said. It has compounded uncertainty for buyers and saw trade of ...
Oil Prices Today: Brent futures fell $2.19, or 3.1 per cent, to $68.85 a barrel. The US West Texas Intermediate crude declined $2.55, or 3.7 per cent, to $65.71 a barrel; IN PICTURE: A pump jack ...
Crude oil prices softened for the second consecutive day on Friday amid expectations of a resumption in U.S. tariffs and weak Chinese demand, ahead of the Organization of the Petroleum Exporting ...
Oil slips on recession fears but posts third weekly gain. Published Sat, Mar 29, 2025 · 06:07 AM. oil. Follow. US West Texas Intermediate crude futures fell US$0.56, or 0.8%, to close at US$69.36 a ...
Traders are focused on the July 5 OPEC+ meeting, where a third consecutive production hike of 4,11,000 barrels per day is ...
OPEC trimmed its forecasts for oil demand growth this year and next for a third consecutive month as the group belatedly recognizes a slowdown in global fuel use.
Brent futures settled up 44 cents, or 0.58%, at $76.48 a barrel. U.S. West Texas Intermediate crude futures (WTI) for March delivery rose 32 cents, or 0.44%, to $72.57.