Oil prices slumped on Monday after eight OPEC+ members announced a sharp increase in production, adding to fears of oversupply of crude.
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The global oil prices briefly surged and stock markets slid Friday on reports Israel had carried out retaliatory strikes against Iran, boosting investments deemed safer such as gold.
Oil prices rose on Thursday as robust U.S. fuel consumption data and expected falls in Russian supply, later in the…
Citi warns crude could slump to $65 if recession hurts demandWTI futures posted its biggest drop in nearly three monthsOil…
Oil prices have hardly moved at the start of the week, as a cautious market awaits stalling talks between the…
Oil prices rose on Wednesday as the market awaited a pact from producers on output, which many traders expect will…