January WTI crude oil (CLF26) on Tuesday closed down -1.55 (-2.73%), and January RBOB gasoline (RBF26) closed down -0.0514 ...
"The administration is pushing for $40 per barrel crude oil, and with tariffs on foreign tubular goods, [input] prices are up, and drilling is going to disappear," one survey respondent said. "The oil ...
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Why Exxon Mobil Stock Just Hit a New 52-Week High While Oil Prices Tanked 20%
Exxon Mobil (NYSE:XOM) shares reached a new 52-week high yesterday, closing amid a resurgence in investor confidence. In ...
This downward movement in CPI growth—which remains positive and well above the Fed's two-percent target—reflects, in part, ...
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An oil supply glut could sink prices to $35 a barrel next year. Why the U.S.-China trade truce won’t change that.
President Donald Trump’s announcement of a U.S.-China trade truce may have overshadowed a new report that has helped raise the alarm about a potential record-high global surplus of crude oil next year ...
Oil is being pushed aside even as positioning, policy and reality begin to diverge. Beneath the noise of surpluses and low ...
Keep in mind that this is a very negative market, and there are a lot of things out there working against crude oil.
The latest survey by the Federal Reserve Bank of Dallas has revealed lingering pessimism in oil markets, with executives ...
OPEC+ approved a small 137,000 bpd rise—its seventh monthly hike—but prices climbed because the increase is modest. Several members are still below quotas or compensating for past overproduction. U.S.
Farran Powell is the managing editor of investing at Forbes Advisor. She was previously the assistant managing editor of investing at U.S. News & World Report. Her work has appeared in numerous ...
World Bank and IEA forecast a record-high oil supply surplus of 4 million barrels per day for 2026 Global oil markets could face a supply surplus of roughly 4 million barrels per day in 2026, ...
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