Tag: eia

Oil Prices Decline as Concern Over Commodities Continues

Oil prices declined sharply on Wednesday after government data showed an unexpected rise in US commercial crude inventories, raising concerns about an worsening supply glut. The...

Oil Rout Continues, Brent Hits 11-Year Low

The price of oil continued to decline on Monday, with global benchmark Brent crude reaching levels not seen since 2004 amid growing concerns about...

Oil Prices Steady amid Biggest Rally of 2015

The price of oil was steady on Tuesday amid its biggest rally of the year, as investors shifted their attention to first quarter earnings...

Crude Oil Pushes Higher as Demand Improves

The price of oil advanced for a second consecutive day on Tuesday, after Saudi Arabia increased pricing to Asia in a sign that demand...