Oil prices drop as prospect of additional supply offset Mideast fears
Oil prices were steady on Tuesday as the prospect of additional supply entering the market amid lacklustre global demand growth offset concerns that the escalating Middle East conflict could disrupt exports in the key producing region.
Oil Prices Set to Fall for Third Month Despite Middle East Conflict
LONDON (Reuters) -Oil prices were steady on Monday and on track to fall for the third month in a row as a strong supply outlook and questions around demand outweighed fears that Israeli strikes in Lebanon and Yemen could escalate conflict in the Middle East.
Big energy merchants trading oil cargoes that form the basis of the Brent benchmark have used an obscure clause to reroute ...
The agency accuses John Hess of improper talks with OPEC and will block him from joining the board of Chevron, which is ...
Oil futures ended Monday with losses for the session, month and quarter, pressured by expectations that major oil producers ...
Israel launched a ground offensive against Hezbollah targets in southern Lebanon on Tuesday in a marked escalation of ...
Brent crude prices dropped by more than 2% on Tuesday, hitting a low of $69.91, as concerns about oversupply and weak demand ...
Oil prices were little changed on Tuesday as stronger supply prospects and tepid global demand growth outweighed worries that ...
This past month’s movements in oil prices seemed rather severe. Only a few weeks ago, some were talking about Brent oil ...
Libya’s eastern-based parliament approved a new central bank governor, ending a standoff over control of the OPEC member’s ...
Federal regulators are alleging a major oil company CEO conspired with foreign governments to keep oil and gas prices ...
Exxon Mobil Corp's deal to sell its Nigerian onshore assets to Seplat Energy will be approved in days after getting clearance ...
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