US Oil Prices Drop More Than $1 as Inventory Build Raises Oversupply Fear
Wedoany.com Report-May 15, U.S. crude futures dropped more than $1 in early trading on Thursday after unexpected data showed an increase in U.S. crude oil inventories, sparking concerns about potentia...
JP Morgan Cuts Oil Price Forecasts on Weak Demand, Higher Output
Wedoany.com Report-Apr. 15, JP Morgan recently revised its oil price forecasts for 2025 and 2026, pointing to increased OPEC+ production and reduced global demand. The bank lowered its 2025 Brent crud...
Oil Falls to Lowest Since February 2021 as Trump’s Tariffs Take Effect
Wedoany.com Report-Apr. 9, Oil prices declined for a fifth consecutive day on Wednesday, April 09, 2025, reaching their lowest levels since February 2021. The drop stems from growing concerns over dem...
Oil Prices Stabilize Amid Anticipation of New Tariffs
Wedoany.com Report-Apr. 2, Oil prices held steady on Wednesday after thin trading, following a drop on Tuesday driven by worries over potential new U.S. tariffs. These tariffs, set to be detailed late...
Oil Prices Steady as Market Awaits Fresh US Tariffs
Wedoany.com Report-Apr. 2, U.S. oil prices showed some stability after falling earlier in the week amid concerns about new tariffs from President Trump. Brent futures dipped slightly to $74.47 a barre...
OPEC+ to Hike Oil Output as Trump Seeks Lower Prices, BofA Says
Oil pumping jacks, also known as "nodding donkeys", operate in an oilfield near Almetyevsk, Tatarstan, Russia, on Wednesday, March 11, 2020. Wedoany.com Report-Feb 25, OPEC+ is anticipated to resume ...
Oil Holds Above $72 Amid Supply Uncertainty
Oil prices extended modest gains above $72 as supply concerns, a weaker dollar, and refinery shifts influenced market sentiment, while trading remained rangebound amid investor caution. Wedoany.com R...
Oil Settles Flat, Pares Early Losses as Tariffs Delayed
An oil pump of IPC Petroleum France is seen during sunset outside Soudron, near Reims, France, February 6, 2023. Wedoany.com Report-Feb 14, Oil prices settled flat on Thursday, paring early losses of...
Oil Prices Climb to 2-Week High on Supply Worries, US Tariffs Check Gains
A view of an oil pump jack on the prairies near Claresholm, Alberta, Canada January 18, 2025. Wedoany.com Report-Feb 12, Oil prices edged up to a two-week high on Tuesday as sanctions raised concerns...
US Gulf Refiners Paying Premium Prices for Trinidad’s Molo Crude
Wedoany.com Report-Feb 12, Some U.S. Gulf Coast refiners have recently paid prices over the Brentcrude benchmark for Trinidad and Tobagos Molo heavy sour crude, the CEO of the countrys state-owned oil...
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