Oil slips for a third straight day on prospect of US rates staying high. By Nicole Jao. May 22, 2024 7:31 PM UTC Updated ago Item 1 of 2 Model of Oil barrels are seen in front of ...

Crude oil dips toward the 200-day moving average as rising U.S. inventories and tariff threats offset stronger oil demand ...

Crude oil prices extended recent losses, with March WTI -1.2% at $63.39/bbl for its lowest settlement since Jan. 19 and April Brent -1.1% to $66.86/bbl for a roughly five-week low. “Oil prices ...

Oil prices fell around 1 per cent on Wednesday, retreating for a third straight day on expectations that U.S. interest rate cuts might be deferred due to sustained inflation, which could weaken ...

Oil prices dropped by less than 1% on Tuesday after U.S. President Donald Trump's 50-day deadline for Russia to end the war ...

Oil slips for third day. Oil fell for a third straight session today, with the US benchmark depressed by brimming petroleum stockpiles, as the dollar jumped and Asian equities declined on investor ...

Oil prices fell on Wednesday, retreating for a third straight day on expectations that the Federal Reserve might keep US interest rates higher for longer due to sustained inflation, potentially ...

Oil slips for third day as recession fears mount U.S. Federal Reserve Chair Jerome Powell’s comments this week on the likelihood that interest rates will need to be raised more than previously ...

A day earlier, the American Petroleum Institute reported a crude oil inventory build of 2.927 million barrels for last week. In gasoline, the EIA reported an inventory build of 200,000 barrels for ...

NEW YORK (Reuters) -Oil prices fell more than 1% on Wednesday, retreating for a third straight day, as Fed officials rekindled worries about oil demand when they indicated interest rate cuts might ...