Oil prices plunged this week to $65 per barrel as the United States import tariffs and an unexpected OPEC+ supply hike erased $10 per barrel from global benchmarks.The price appreciated last week when ...
The combination of the tariffs and the Saudi-led response dropped Brent crude oil prices down to just $65.58 a barrel.
Good afternoon and happy Friday, readers! All eyes remain on the global selloff of oil today, with prices hitting their ...
Oil prices slid Friday to their lowest levels in nearly four years. A plan to increase supply by the Organization of the ...
Hedge funds increased their bullish positioning on Brent crude to the highest in 11 months in the week before the biggest market meltdown since 2022, revealing just how badly some investors ...
Not even a better-than-expected report on the U.S. job market was enough to stop the slide as the Nasdaq fell into bear ...
Oil majors saw their stocks nosedive Thursday and Friday as the one-two punch of US President Donald Trump’s sweeping tariffs ...
Oil prices sunk 7% to a four-year low Friday, amid concerns economic fallout of President Donald Trump’s wide-reaching tariffs could put a drag on demand.
Oil prices dived to their lowest in more than three years after China hit back at U.S. tariffs.
Algorithmic traders are rushing to walk back bullish positions on crude at a speed not seen since the 2023 bank failures.
Shares of SLB, the world's largest oil services firm, sank 12% on Friday to $34.60, its lowest since September 2022, ...