Crude oil prices are set for a second weekly loss, pressured by fading U.S.-Iran geopolitical risk, rising U.S. inventories, and a significant demand growth cut from the International Energy Agency.
Sharp, rapid swings in the price of oil can have outsize effects on companies, economies, and global geopolitics. Oil price spikes can stunt economic growth, for example, and a sudden price plunge can ...
Oil markets are widely seen as oversupplied, with record volumes in floating storage. Global demand appears more resilient than feared, as imports into India and China remain strong. Weak prices are ...
Oil prices fell by over 5 percent on Monday, their biggest decline in more than six months, after de-escalation between the ...
Venezuela is now sitting on 303 billion barrels of oil. What happens to that stockpile could impact global crude oil prices. Prolonged fluctuations in oil prices impact what everyday Americans pay at ...
Venezuela will need massive foreign investment and years of infrastructure rebuilding to lift daily crude oil output from about 800,000 barrels per day to its former peak of roughly 3 million.
As gold prices soar to a record $5,000 per ounce, finance professor Asad Dossani warns that investors are ignoring the supply side. Drawing parallels to the shale oil revolution, Dossani explores how ...