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Oil Prices Fall

Why are oil prices falling? And what does it mean for Long Islanders?

Lower fuel costs could create savings for consumers, but economic threats posed by tariffs still a concern, a local economist said.

The New York Times · 2d

Oil Prices Fall as OPEC Increases Supply Despite Fears of an Economic Slowdown

U.S. oil prices fell to $57 a barrel after the OPEC Plus cartel said this weekend that it would pump more oil.

Reuters on MSN · 18h

Oil prices steady after dropping as economic uncertainty, supply concerns weigh

Oil prices steadied on Thursday after falling more than $1 in the previous session as uncertainty over the outcome of trade talks between the U.S. and China, the world's two largest oil consumers, weighed on investor sentiment.

Oil, China and Trade

Reuters on MSN · 6h

Oil prices rise on support from US-China trade hopes

Oil prices rose over 1% on Thursday, buoyed by hopes of a breakthrough in looming trade talks between the United States and China, the world's two largest oil consumers.

The Wall Street Journal on MSN · 7h

Oil Extends Gains on Trade-Talk Hopes

Crude futures extend gains in afternoon trade, lifted by optimism surrounding global trade negotiations. Brent crude is up 1.6% to $62.11 a barrel, while WTI rises 1.9% to $59.18 a barrel. Market sentiment was buoyed by reports of a potential trade deal between the U.

Barron's · 12h

Oil Prices Climb Ahead of U.S.-China Talks

Oil prices ticked higher in early trading supported by optimism over upcoming trade talks between Washington and Beijing. Brent crude rose 0.4% to $61.34 a barrel, while WTI was up 0.5% to $58.34 a barrel.

1hon MSN

Trump Has Opened the Door to a New Saudi Oil-Price War

Markets should prepare for a sharp downturn in the oil price, analysts with a satellite oil-tracking firm write in a guest ...

2don MSN

Home heating oil and fuel prices drop to 2021 levels

The price of home heating oil and fuel in Northern Ireland is at its lowest level since 2021, and the advice is to buy now – ...

2d

Trump Says With Lower Oil Prices, Putin Is More Eager to Settle the Ukraine War

MOSCOW (Reuters) -U.S. President Donald Trump said Moscow and Kyiv want to settle the war in Ukraine and that Russian ...

1d

Aker BP CEO Says Projects Competitive Even as Oil Prices Slide

Aker BP Chief Executive Officer Karl Johnny Hersvik said the company’s portfolio of projects aimed at driving production ...

Russian Oil and Gas Revenues Dipped by 12% With April Price Crash

Russia's oil and gas revenues plunged by 12% in April, with full-year forecasts slashed by 24% due to tumbling oil prices and ...

2don MSN

U.S. oil production has likely peaked and will start to decline due to price plunge, Diamondback CEO warns

U.S. onshore oil production has likely peaked and will start to decline due to the recent plunge in crude prices, ...

4h

Ovintiv: Commodity Prices And Production Growth Will Boost Its Revenues

Ovintiv's growth outlook, strong CAGR, and undervaluation of 118.01% make it a compelling investment as natural gas prices ...

3d

The heart of the US oil boom is slowing

Oil fields are just as quick to make fortunes as break them. The 1901 Spindletop gusher in Texas jumpstarted the petroleum ...

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