Oil bounces as U.S. supplies show decline, while Biden administration plans another SPR release
admin Oil futures bounced Wednesday, finding support as industry data showed a fall in U.S. supplies…
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Why you can’t count on another SPR oil release to cut gasoline prices at the pump
Speculation that the Biden administration will soon announce the release of more oil from the…
Read MoreOil turns lower as dollar renews its rise
Oil futures erased an early bounce to turn lower as the U.S. dollar resumed a…
Read MoreOil ticks higher as traders weigh recession fears versus tight crude supplies
Oil futures edged higher in early trade Monday, attempting to bounce after last week’s fall…
Read MoreOil on track for weekly fall amid recession fears
Oil prices declined on Friday, contributing to a loss for the week, as worries over…
Read MoreOil slumps after hot inflation reading, while IEA warns of global recession
Oil futures fell Thursday after a hotter-than-expected consumers price index reading was seen forcing the…
Read MoreOil loses ground after OPEC cuts forecasts for demand growth
Oil futures gave up modest gains Wednesday after the Organization of the Petroleum Exporting Countries…
Read MoreOPEC slashes forecasts for oil-demand growth in 2022, 2023
The Organization of the Petroleum Exporting Countries on Wednesday cut its estimate for growth in…
Read MoreOil prices down a second session as IMF’s world economic outlook feeds recession fears
Oil futures fell for a second day Tuesday, unwinding part of the previous week’s sharp…
Read MoreOil prices tick lower after weak China data sparks demand fears
Oil futures traded lower Monday following their strongest weekly gains since March, losing ground after…
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