Breaks

Brent Breaks Below $80 as Bearish Sentiment Continues to Dominate Oil Markets

Brent Breaks Below $80 as Bearish Sentiment Continues to Dominate Oil Markets

Oil prices continued to fall on Tuesday morning, ignoring the rising geopolitical risk in the Middle East and the potential of a supply disruption in Venezuela. Concerns about global demand continue to drive bearish sentiment in oil markets. The Q2 quarterly earnings season has continued this week with most of oil majors reporting their performance

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The U.S. Breaks Its Self-Imposed Oil Price Ceiling of $79 to Refill the SPR

The U.S. Breaks Its Self-Imposed Oil Price Ceiling of $79 to Refill the SPR

Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info By Irina Slav – Mar 28, 2024, 2:32 AM CDT The latest crude oil purchase that the Department of Energy made as part of refill plans for the strategic petroleum reserve cost

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