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Shares of oil companies have dropped sharply in recent days. Growth fears and expectations of more supply from OPEC+ are ...
A plunge in oil prices below $60 per barrel due to an escalating trade war may trigger anxiety across the U.S. oil patch, ...
Oil prices slid Friday to their lowest levels in nearly four years. A plan to increase supply by the Organization of the ...
Oil prices fell for a fifth day on Wednesday to their lowest since February 2021 after U.S. President Donald Trump's ...
U.S. oil prices fell about 2% on Monday, adding to last week's steep losses on fears President Donald Trump's global tariffs ...
Gasoline prices ... oil prices stay with us," he added. On Friday oil was on pace to close with losses for a second week in a row as West Texas Intermediate (CL=F) futures hovered near $60 per barrel.
Just after 11 a.m. Eastern time, both international and domestic benchmark oil prices had dropped by about 8%, inching closer to $60 a barrel. Brent crude had fallen by 7.93% to $64.58 per barrel ...
"Nobody really wants them." Domestic oil producers have already faced thin margins recently. They need prices above $60 per barrel to profitably drill a new well, per energy economist Mark Finley ...
Crude prices climbed back above $60 a barrel as investors breathed a sigh of relief. By Rebecca F. Elliott U.S. oil prices bounced back to around $62 a barrel on Wednesday afternoon, more than ...