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Oil Prices Fall

Why are oil prices falling? And what does it mean for Long Islanders?

Lower fuel costs could create savings for consumers, but economic threats posed by tariffs still a concern, a local economist said.

WAMC Northeast Public Radio · 2h

Why oil prices are falling, and what it means for the economy

Between tariffs roiling the global economy and OPEC putting more barrels on the market, prices have dropped significantly since January. That's good for consumers, and bad for oil companies.

The New York Times · 1d

Oil Prices Fall as OPEC Increases Supply Despite Fears of an Economic Slowdown

U.S. oil prices fell to $57 a barrel after the OPEC Plus cartel said this weekend that it would pump more oil.

Diamondback Energy, shale oil and crude prices

NBC News on MSN · 5h

U.S. oil production has likely peaked and will start to decline due to price plunge, Diamondback CEO warns

U.S. onshore oil production has likely peaked and will start to decline due to the recent plunge in crude prices, jeopardizing the nation’s position as the world’s largest fossil fuel producer and its energy security,

Yahoo Finance on MSN · 6h

'This oil price doesn't work': Diamondback CEO says US shale production has peaked

The head of the largest independent oil producer in the Permian Basin predicts US shale production has peaked and will likely decline from here as oil prices hover near four-year lows. "We have a very good view of what the US looks like.

Fortune on MSN · 6h

The U.S. shale oil sector hits ‘tipping point’ and is now beginning to decline amid tariffs, weak oil prices

We’re a little over 100 days into this new administration and, ‘Good Lord.' There’s been a tremendous amount of volatility introduced."

12hon MSN

Oil climbs 2% as price drop triggers buying; oversupply worries weigh

Oil gained more than $1 per barrel on Tuesday, rebounding on technical factors and bargain hunting after a decision by OPEC+ ...

Oil Jumps as Traders Buy the Dip

OPEC’s weekend move to raise quotas—reportedly by triple what most expected—initially sent prices tumbling. But the fine ...

1don MSN

Home heating oil and fuel prices drop to 2021 levels

The price of home heating oil and fuel in Northern Ireland is at its lowest level since 2021, and the advice is to buy now – ...

11hon MSN

Russia's oil price in roubles at two-year low, 40% below budgeted level, data shows

Russia's oil price in roubles has fallen to a two-year low below the 4,000 rouble per barrel mark and some 40% lower than ...

4hOpinion

Saudi Arabia Rekindles Oil Price War: Another Epic Miscalculation?

Saudi Arabia is boosting oil output, pressuring U.S. shale producers and shaking markets. Here's how this move could impact ...

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