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since it has become increasingly difficult to find and develop new oil reserves in recent years. As a result, the price of oil has a strong influence on international economic development ...

According to StanChart, the path of least resistance for oil prices is lower, with prices likely to remain low in the coming ...

Those companies are bellwethers for activity in the U.S. oil patch. U.S. oil prices fell 19% in April to $58.21 a barrel, ...

The West Texas Intermediate (WTI) crude oil ... year. One of the top reasons why the WTI crude oil price will continue falling is that it has formed a descending triangle pattern on the monthly chart.