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Oil drops as Opec+ boosts supply even though demand is shaky

OIL prices fell more than US$1 a barrel on Tuesday (Jun 4) on scepticism about an Opec+ decision to boost supply later this year into a global market where demand has already shown signs of weakness.

United statesPhil flynnPrice futures groupOrganization of the petroleum exporting countriesAmerican petroleum instituteFederal reserveTexas intermediatePetroleum exporting countriesPrice futuresMemorial day

Oil drops as OPEC+ boosts supply even though demand is shaky

Oil drops as OPEC+ boosts supply even though demand is shaky
streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.

City ofUnited kingdomUnited statesPhil flynnDavid goodmanLisa shumakerTrixie yapErwin sebaArathy somasekharJason neelyPaul carstenAmerican petroleum instituteOrganization of the petroleum exporting countriesFederal reservePrice futures groupTexas intermediate

Oil prices continue slide as OPEC+ boosts supply despite concerns about shaky demand

Oil prices continue slide as OPEC+ boosts supply despite concerns about shaky demand
cbc.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cbc.ca Daily Mail and Mail on Sunday newspapers.

United statesPhil flynnKevin burkettPrice futures groupFederal reserveOrganization of the petroleum exporting countriesTexas intermediateNorth americanVictoria based burkett assetPetroleum exporting countriesPrice futuresMemorial day

Excess rain pushes crop prices higher

The weather impacting corn and soybeans is being seen in the markets, according to Jack Scoville of Price Futures Group.

Jack scovillePrice futures groupPrice futures

Oil falls 1% as sticky US inflation weighs on demand at the pump - Markets

HOUSTON: Oil prices fell more than 1% on Tuesday as lingering U.S. inflation was poised to keep interest rates.

United statesIsrael generalAli khameneiPhil flynnMichael barrRaphael bosticPhilip jeffersonOrganization of the petroleum exporting countriesPrice futures groupEnergy information administrationFederal reserveTexas intermediatePrice futuresMemorial dayVice chair philip jeffersonVice chair michael barr

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