Oil

Written by Colin Howe and Mohi Narayan NEW DELHI (Reuters) - Oil prices fell in Asian trading on Monday after a survey on Friday showed weak US consumer demand and with crude production rising in May in China, the world's largest…

Motorists are set to benefit from a significant drop in fuel prices over the next 18 months, with analysts predicting a significant drop in the cost of oil to $60 per barrel.The expectation of lower gasoline prices comes on the heels of…

Slavko Sereda/iStock via Getty Images Crude oil futures rose on Thursday, finding support in data that pointed to a slowing pace of inflation in the United States, with the May Producer Price Index coming in lower than expected a day…

Basic overviewDespite OPEC+'s recent extension of voluntary production cuts, crude oil was sold off as the price broke support in the May range. However, the decline may only be technical as it gained bearish momentum on the breakout.…

Via Oilprice.com:--The expectations I saw focused on:Main crude -1.05 million barrelsDistillates +1.6 million barrelsGasoline +0.9 million---This data point is from a special survey conducted by the American Petroleum Institute (API).It is…

WTI is in correction mode as it tests the confluence of resistance levels on the 4-hour chart. Is the trend still our friend in this direction? Check out the inflection points I'm watching: West Texas Intermediate (USOIL) 4 hours…

Slavko Sereda/iStock via Getty Images Crude oil futures fell for a third straight week, which began with a sell-off sparked by OPEC+'s decision to reduce 2.2 million barrels per day in voluntary production cuts later this year,…

Slavko Sereda/iStock via Getty Images Crude oil futures ended a five-session losing streak on Wednesday, as renewed hopes for a Federal Reserve interest rate cut in September outweighed concerns about demand after data showed a build in…

to imagine Gold prices (XAUUSD:CUR) fell on Tuesday as the US dollar held firm, with focus turning to jobs data, while oil extended its declines after hitting a four-month low, as investors continue to weigh OPEC+ production decision.…

Regarding the OPC+ meeting and announcement, previous information:Goldman Sachs says the outcome of the OPEC+ meeting is bearish for oilMore from OPEC+: Saudi Energy Minister says waiting for interest rates to fallHSBC kept its Brent crude…