Concern remains about a wider conflict in the Middle East, where some of the world’s biggest crude producers are based.
Oil prices initially rose on a smaller-than-expected US producer price increase and the API's report of declining crude oil inventories. Optimism faded after the EIA reported an inventory ...
Oil prices were weaker as demand concerns, following OPEC’s forecast cuts, outweighed fears of growing tensions in the Middle East.
Oil prices have been tumbling in recent weeks, but there are signs that they may have hit their bottom, with glints of ...
Oil prices are falling back once again as traders refocus on demand concerns after there was no immediate response by Iran to ...
As weather threats decline for the moment for Gulf Coast oil production, both diesel and gas prices declined over the past ...
Recession fears blunt demand, lowering prices. But conflict in the Middle East and OPEC+ production cuts could push them up ...
Scotland's public spending deficit increased by £3.6bn to £22.7bn last year as oil and gas revenues were cut in half. The ...
Oil prices settled higher on Tuesday, bouncing off multi-month lows hit in the previous session, as investor attention turned ...
Concerns about the U.S. economy overpowered fears of escalating tensions in the Middle East this week to push oil prices to their lowest point since early June. Benchmark U.S futures at times ...
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