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Oil falls after US crude inventories rise
Oil prices eased on Wednesday after government data showed U.S. crude oil stockpiles rose unexpectedly last week, prompting investor concerns of excess supplies. Brent crude futures settled 54 cents,
The side benefit of falling oil prices
The fall in crude on Thursday morning as U.S. and Iranian governments touted the possibility of a diplomatic breakthrough may help Trump’s administration achieve lower prices at the pump and bring down inflation.
Crude oil pulls back after U.S. inventories post surprise rise, OPEC issues cautious report
Crude oil futures fell Wednesday following four straight sessions of gains, after government data showed U.S. crude oil stockpiles rose unexpectedly last week and OPEC kept its demand growth estimates unchanged for this year and next,
Oil Prices Fall on Weaker Demand, Possible U.S.-Iran Deal
Oil prices slide on concerns of weaker demand and stalling market optimism. Brent crude is down 3.1% at $64.06 a barrel, while WTI falls 3.3% to $61.08 a barrel. The drops were partly due to a surprise rise in American Petroleum Institute inventories due to lower crude oil exports for the second week in a row,
Iran's nuclear talks with the US send oil prices tumbling
Oil prices in New York are falling for the second consecutive day. Brokers believe that announcements coming from Tehran are having an impact. Specifically, Iran is ready for a nuclear agreement with the United States,
Oil Prices Slide Nearly 4% on U.S.-Iran Deal Hopes; Markets Pause After Recent Rally
Crude oil prices plummeted Thursday as optimism surrounding a potential U.S.-Iran nuclear agreement raised expectations of increased global supply. Brent crude slipped by more than $2, falling below $64 per barrel,
Stocks drop as fresh trade news awaited, oil down on Iran hopes
Equities stuttered Thursday as investors await fresh developments in trade talks, with US partners looking to reach deals to avoid Donald Trump's tariff blitz, while oil extended losses on hopes for an Iran nuclear deal.
Oil falls over $1 on expectations for US-Iran nuclear deal
Oil prices fell over $1 during trade on Thursday on expectations of a potential U.S.-Iran nuclear deal, while a surprise ...
Argaam9h
Oil falls as investors study Chinese data
Oil prices ebbed today, May 19, after economic data showed independent refineries in China cut production as weak fuel demand ...
Oil companies want protection as Texas considers allowing treated fracking water released
Texas oil and gas companies are seeking liability protection as the state considers allowing treated fracking wastewater to ...
Yahoo Finance4d
Oil Falls as Potential for Fresh Iranian Supplies Adds to Gloom
Dwivedi expects that an agreement could boost oil supplies between 200,000 and 300,000 barrels a day. Already, Iranian oil exports have grown, reaching around 1.7 million barrels a day in April ...
Midland Reporter-Telegram on MSN2d
U.S. oil and gas rig count falls for third straight week as drilling slows
U.S. oil and gas rig count falls for the third week in a row as drilling activity slows and operators cut plans due to lower ...
FXEmpire.com4d
Crude Oil Price Outlook – Crude Oil Falls in Early Trading on Tuesday
The light sweet crude oil market fell pretty significantly during the early hours on Tuesday, as it looks like we are in fact plunging towards the 200 day EMA. I do think there are buyers ...
Independent Record1d
A ‘sustainable’ shift at the Great Falls refinery could come with costs to locals
Backed by the U.S. government and anticipated by ag producers, the Montana Renewables biofuels plant is a cutting-edge ...
Benzinga.com4d
Crude Oil Falls Over 2%; US Retail Sales Increase 0.1% In April
In trading on Thursday, consumer discretionary stocks fell by 1.4%. Commodities In commodity news, oil traded down 2.4% to $61.62 while gold traded up 0.6% at $3,208.00. Silver traded down 0.1% to ...
US Oil and Gas Rig Count Falls to Lowest Since January, Baker Hughes Says
Baker Hughes said oil rigs fell by five to 474 this week, their lowest since January, while gas rigs were unchanged at 101.
Midland Reporter-Telegram on MSN3d
Midland unemployment falls to 2.6% despite oil worries
Midland’s labor market added jobs and posted Texas’ lowest unemployment rate in April, even as oil prices fell.
MarketWatch4d
Tourmaline Oil Corp. stock falls Thursday, underperforms market
Shares of Tourmaline Oil Corp. TOU slipped 2.21% to C$63.25 Thursday, in what proved to be an otherwise all-around positive trading session for the Canadian market, with the S&P/TSX Composite ...
Barchart on MSN3d
Crude Prices Settle Higher on Diminished Prospects for a US-Iran Nuclear Deal
Friday closed up +0.87 (+1.41%) and June RBOB gasoline (RBM25) closed up +0.0074 (+0.25%). Crude oil and gasoline prices on Friday settled higher after Iran's foreign minister expressed doubts about ...