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The CEO of Diamondback Energy said in a letter to shareholders that falling oil prices will lead to a decline in US ...
Between tariffs roiling the global economy and OPEC putting more barrels on the market, prices have dropped significantly ...
Oil prices dropped Monday, as the Organization of the Petroleum Exporting Countries and its allies agreed to boost output ...
Increased supply from OPEC and the economic uncertainty of trade wars weighing on demand could be a brutal combination for ...
The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell 4.49 million barrels in ...
Oil prices plunged after the OPEC+ group of oil producers agreed to accelerate production hikes once again. The decision to boost output by 411,000 barrels a day followed another substantial ...
Crude oil prices capped their worst monthly drop since November 2021 as fears over a global economic downturn and demand shock as a result of tariffs come as the supply of oil is about to surge.
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 ...