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Oil Prices Slide Further on Plans to Increase Supply
U.S. oil prices fell to around $56 a barrel after the OPEC Plus cartel said it would bring more oil to market.
U.S. crude oil prices fall more than 4% after OPEC+ agrees to surge production in June
OPEC+ has agreed to surge production by 411,000 barrels per day in June. Oil prices in April posted the biggest monthly loss ...
Oil Price Drop Could Soften Tariff Hit. Recession Is Still a Risk.
Oil prices are falling further as OPEC and its allies plan to ramp up production. That could be a bonus for the U.S. consumer as recession risks still lurk. Oil prices are sitting at around $60 a ...
Oil Prices Are Falling. Here’s Where That Could Spell Trouble.
A price drop benefits any country seeking to cut its fuel bill. But in oil producing nations, lower prices can feed economic ...
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StanChart Cuts 2025 Oil Price Forecast By $16/bbl Amid Trump’s Tariffs
StanChart has turned bearish on oil, slashing its 2025 forecast by $16 to $61/bbl amid recession fears. Manufacturing is a ...
Oil prices sink as OPEC+ hikes output, U.S. stock futures drop ahead of Fed meeting
Oil prices sank Sunday while U.S. stock futures declined after the S&P 500 notched its longest winning streak in more than 20 ...
Qantas soars as drop in oil prices signals lower jet fuel costs
Shares of Australia's Qantas Airways rose more than 5% on Monday to an over one-month high after oil prices dropped in early ...
U.S. Stocks Set to Drop with Focus on Fed, Oil-Price Fall
U.S. stock futures were pointing to losses early on Monday after the S&P 500 notched its longest winning streak in more than ...