Energy Information Administration

Following Upbeat Saudi Remarks And Declining Us Stocks, Oil Prices Increased

Oil prices increased on Wednesday as a result of data showing tightened US fuel and inventory supplies as well as…

2 years ago

Oil Prices Decline As Concerns About U.S. Rate Hikes Outweigh Demand Prospects

Oil prices are one of the major determinants of the world economic scenario, and it decides whether the economies of…

2 years ago

Dollar Soars On The U.S. Jobs Report, Driving Oil Down 7% On The Week

Oil prices used to rise nearly immediately in response to positive U.S. jobs reports. no longer. WTI, or the U.S.…

2 years ago