Oil prices dropped Monday, as the Organization of the Petroleum Exporting Countries and its allies agreed to boost output again in June. OPEC+, a grouping led by Saudi Arabia and Russia, over the ...

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Nicknamed the “champagne of crude oil”, Murban oil –of which a drop was encased and gifted to visiting US President Donald Trump on Friday– is a high-quality, “light, and sweet” crude ...

The decline was sparked by OPEC's plans to increase oil supply by 411,000 barrels per day in June. Americans can expect gas prices to drop below $3 a gallon this summer, an analyst said.

The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell 4.49 million barrels in the week ending May 2, after analysts had estimated a 2.5-million ...

following OPEC's announcement that it will increase oil production from June onwards. This significant drop in crude prices is expected to have a positive impact on sectors heavily dependent on ...

With crude prices at multi-year lows, the US oil industry is at a "tipping point," a top energy exec said. A historic production boom is at jeopardy if prices don't stabilize. America's oil boom ...

(UPDATE) FUEL prices went down on Tuesday as the global market reacted to the possibility of an oversupply of oil. The per-liter price of gasoline was rolled back by 55 centavos, diesel prices by 65 ...

"A drop in crude oil prices over the past three months has reduced our expectations for U.S. crude oil production growth," the EIA wrote, as it trimmed its 2025 average Brent spot price forecast ...

(Reuters) -Shares of Australia's Qantas Airways rose over 5% on Monday to a one-month high, tracking a drop in oil prices after OPEC+ signaled faster output hikes. Oil prices fell over $2 a barrel ...

2-Year U.S. Treasury Note Continuous Contract $103.656-0.020-0.02% 5-Year U.S. Treasury Note Continuous Contract $108.063-0.039-0.04% 10-Year U.S. Treasury Note Continuous Contract $110.656-0.031 ...

LITTLE ROCK (KATV) — As crude oil prices continue to plunge, fuel prices in The Natural State have slightly decreased as a result of oil producing countries ramping up production, and also ...