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Oil settles lower, posts steepest monthly decline since 2021
Oil prices settled down on Wednesday and recorded the largest monthly drop in almost 3-1/2 years after Saudi Arabia signaled a move toward producing more and expanding its market share, while the global trade war eroded the outlook for fuel demand.
Crude oil futures tumbled over the past week, falling more than 6% as concerns over weakening global demand and a resurgent ...
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Chevron also reported its lowest first-quarter profits in years, with per-share adjusted profit falling to $2.18 per share on ...
OPEC+ shocked the market earlier this month with plans to ramp up crude output, setting oil prices up for their worst monthly ...
Chevron Corp. will slash share buybacks this quarter after oil prices have tumbled, indicating that President Donald Trump’s ...
Crude oil prices experienced a rebound due to China signaling willingness to negotiate tariffs with the US, despite being on ...
Oil prices on Friday were track for a weekly loss of 7%, failing to find support from broad [gains in the U.S. stock market]( ...
Stock markets in the Gulf ended mixed on Thursday amid falling oil prices and weaker-than-expected U.S. GDP data.
Oil prices have dropped over tariffs and tensions within OPEC+. What does that mean for Saudi Arabia’s “giga-projects?” ...
West Texas Intermediate crude is projected to average $64.60 a barrel this year, according to a survey compiled by The Wall ...
Russia's finance ministry raised the 2025 budget deficit estimate to 1.7% of gross domestic product (GDP) on Wednesday from 0 ...
Cheap crude is fueling growth in major importing nations like India, which is increasingly relying on discounted Russian oil.
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