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Oil Price - Oil Prices Tumble Toward Second Consecutive Weekly Loss
Crude oil prices are set for a second weekly loss, pressured by fading U.S.-Iran geopolitical risk, rising U.S. inventories, and a significant demand growth cut from the International Energy Agency.
Oil News: Oil Futures Edge Lower Despite Iran Risk Premium Intact
Iran talks continue. EIA reports 8.5M barrel inventory build; IEA cuts demand forecast. Key support at $64.65 uptrend line.
Oil prices edge higher as investors assess US-Iran tensions
Oil prices edged up on Thursday morning as investors considered potential escalation of U.S.-Iran tensions and fears that any attacks on Tehran or shipping could lead to supply disruptions.Brent crude ...
Oil prices fall on supply forecast, easing risk
By Erwin Seba HOUSTON, Feb 12 (Reuters) - Oil prices dropped on Thursday due to falling demand, retreating fears of renewed Middle East conflict and expected increases in supply. Brent crude oil ...
Oil prices tumble below $1 as IEA cuts demand forecast
By Erwin Seba HOUSTON, Feb 12 (Reuters) - Oil prices tumbled below $1 a barrel on Thursday investors gave more weight to the International Energy Agency lowering of its global oil demand forecast for ...