Brent crude futures experience a significant decline, settling at $63.33 per barrel, a drop of $2.15 or 3.28%. This downturn reflects growing concerns about the global demand outlook for crude…
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U.S. crude oil futures have experienced a significant downturn, settling at $60.07 per barrel, a decrease of $2.28 or 3.66%. This decline reflects growing concerns about the demand outlook for…
The American Petroleum Institute (API) reports that U.S. crude oil inventories decreased by 1.057 million barrels for the week ending April 4, 2025. This contrasts with the previous week’s increase…
Brent crude futures have settled at $62.82 per barrel, marking a decrease of $1.39 or 2.16%. This decline in oil prices occurs amidst escalating trade tensions between the US and…
US crude oil futures have settled at $59.58 per barrel, marking a decrease of $1.12 or 1.85%. This decline occurs amidst ongoing concerns regarding global oil supply and evolving perspectives…
U.S. Energy Secretary Wright is set to embark on a nearly two-week trip to the United Arab Emirates (UAE), Saudi Arabia, and Qatar. This visit signals a focus on energy…
US crude oil futures have settled at $60.70 per barrel, marking a decrease of $1.29 or 2.08%. This decline reflects concerns about the global demand outlook, influenced by factors such…
Brent crude futures conclude trading at $70.14 per barrel, registering a significant decline of $4.81, or 6.42%. This substantial decrease in the price of the global benchmark for crude oil…
US crude oil futures have settled at $66.95 per barrel, marking a substantial decrease of $4.76, or 6.64%. This significant drop reflects a notable shift in the market sentiment surrounding…
The United States has announced exclusions for specific industrial products from its Section 232 tariffs, which were initially imposed on steel and aluminum imports. This decision aims to alleviate supply…