Sentiment In Oil Markets Is Decidedly Bearish
The week started on the wrong foot for oil when OPEC+ decided not to cut output, but bearish news continued to pile up as traders continue to worry about global economic growth
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The week started on the wrong foot for oil when OPEC+ decided not to cut output, but bearish news continued to pile up as traders continue to worry about global economic growth
Prices at the gas pump have declined 10 cents in a week, according to AAA, which says recession fears and further releases of America’s strategic petroleum reserve have contributed to the further declines
U.S. Secretary of State Antony Blinken has dismissed Russia’s allegations that Ukraine is preparing a “dirty bomb” attack
The UK’s new Prime Minister Rishi Sunak will face a number of major challenges as the UK struggles with a cost-of-living crisis and an energy crisis
The number of total active drilling rigs in the United States rose by 2 this week, according to new data from Baker Hughes published on Friday