Venezuela Oil

Oil Prices Drop After US Forces Seize Venezuelan Leader Maduro, Raising Prospect of Oversupply from World’s Largest Oil Reserves

Oil prices edged lower on Monday (Jan 5) after a dramatic United States military operation in Venezuela raised the prospect of increased crude supply from the OPEC nation with the world’s largest proven oil reserves, deepening concerns about a global...
Oil

Oil Prices Edge Lower Amid Surprising U.S. Gasoline Stock Build and Light Holiday Trading

Oil prices dipped in Asian trading on Thursday, reflecting unease among investors after a surprising build in U.S. gasoline stocks ahead of the Thanksgiving holiday. The unexpected increase sparked concerns over demand in the world's largest consumer of motor fuel....
Crude Oil Prices

Oil Prices Rose in Early Asian Trading Amid Surprising U.S. Crude Stockpile Decline

Asian trade on Thursday, oil prices rebounded slightly, reversing some of the sharp losses seen in the previous two sessions. This rally came after surprising industry data revealed an unexpected drop in U.S. crude oil stockpiles, countering broader market trends...
US dollar

Dollar Extends Gains Amid Asia Trading, Overshadowing China’s Weekend Stimulus Announcements

In early Monday trades in Asia, the U.S. dollar extended its recent gains, continuing a trend that has been largely driven by market skepticism about further aggressive rate cuts from the Federal Reserve and disappointment over China’s lackluster weekend stimulus...