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WTI oil prices are set to average $58.30 per barrel this year, amid rising OPEC+ and U.S. production and relatively stable global oil demand, a survey of banks by law firm Haynes Boone showed on ...
Egg prices are falling. The average retail egg price dropped to $5.12 a dozen, down more than a dollar from its March peak of $6.23, according to a report published June 3 by the U.S. Department ...
Pump prices will likely be fairly stable or even tick lower in the short term, if crude oil prices remain in the low $60s. Quick stats Oregon is one of 35 states with lower prices now than a week ago.
Gas prices in the US are averaging about $3.12 per gallon, and could drop below $3 this summer as oil trades at the lowest level since 2021. Economy 2025-04-08T11:22:57Z ...
According to the latest EIA data, shale oil production declined by 230,000 barrels a day (b/d) this week compared with the all-time high reached during the week of December 6, 2024.
Crude oil markets continues to look as if they are building a bit of pressure in a basing pattern. With this, the market is likely to continue to see a lot of choppy behavior. However, I think we ...
A possible mixed movement in the prices of petroleum products is expected to be implemented next week, according to the Department of Energy - Oil Industry Management Bureau (DOE-OIMB) on Friday.
The fall in global oil prices is one of the most dramatic effects of the uncertainty generated by the tightening of US trade policy. The price of Brent crude is now expected to average USD 65 in ...
This was driven by crude oil prices that surged more than 4%. Despite OPEC+ nations agreeing to boost their output further, market analysts noted this decision was largely anticipated by investors.
A lower than expected supply hike from OPEC+ is boosting oil prices, a catalyst for stock markets in the Gulf. Brent crude futures were up 0.19% to $64.75 a barrel by 0627 GMT.
“My sense is that with more supplies becoming available, prices will be close to $65, not $80 per barrel," said Puri. He further added that high spare production capacity is weighing on the oil ...
Investing.com--Oil prices edged higher Thursday, stabilizing after losses in the wake of an outsized build in U.S. gasoline and distillate inventories, while a price cut by top producer Saudi ...
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