Tag: crude oil prices
Surprise Build in EIA Crude Inventories Points to Softer Demand
The U.S. Energy Information Administration reported an unexpected rise in weekly crude oil inventories, pointing to softer demand conditions and raising the prospect of...
Saudi Aramco Slashes Crude Prices to 5-Year Low
Saudi Arabia has lowered the price of its main crude grade for Asian buyers to the lowest level in five years, reflecting growing signs...
OPEC+ Set to Miss Oil Output Goals Again
OPEC+ Faces Growing Struggles to Meet Oil Output Targets
OPEC+ has managed to deliver only about three-quarters of its promised oil output increase since April,...
