US Gas Price Slips as Pressure Weighs on Crude Oil

Executives at the world's biggest oil and gas companies are under growing pressure to loosen the purse strings to replenish reserves, halt output declines and take advantage of a crude price rally after years of austerity......»»

U.S. crude oil inventories rose by 6 million barrels last week, more than analysts had forecast and enough to keep downward pressure on prices......»»

Brent crude futures fell in choppy trade on Monday, under pressure from growing supply but supported by a reported drawdown of U.S. oil inventories, potential European Union sanctions on Iran and possible OPEC production cuts......»»

OPEC and Russia moved closer on Wednesday to agreeing to cuts in oil production from next year despite pressure from U.S. President Donald Trump to reduce the price of crude......»»

OPEC and Russia moved closer on Wednesday to agreeing cuts in oil production from next year despite pressure from U.S. President Donald Trump to reduce the price of crude......»»

OPEC and its Russia-led allies moved closer on Friday to clinching a deal that would cut oil production by more than the market had expected despite pressure from U.S. President Donald Trump to reduce the price of crude......»»

OPEC and its Russia-led allies agreed on Friday to slash oil production by more than the market had expected despite pressure from U.S. President Donald Trump to reduce the price of crude......»»

OPEC and its Russia-led allies moved closer on Friday to clinching a deal that would cut oil production by more than the market had expected despite pressure from U.S. President Donald Trump to reduce the price of crude......»»

OPEC and its Russia-led allies agreed on Friday to slash oil production by more than the market had expected despite pressure from U.S. President Donald Trump to reduce the price of crude. Julian Satterthwaite reports......»»

The oil price fell below $60 a barrel on Thursday, under pressure from high global inventories and a smaller-than-expected drawdown in U.S. crude stockpiles......»»

Bitcoin is losing altitude as an unwinding of bullish bets is creating downward pressure on prices......»»

Oil rose for a second day on Wednesday, buoyed by an unexpected decline in U.S. crude inventories and after Saudi Arabia appeared undaunted by pressure from U.S. President Donald Trump on OPEC to prevent steeper price rises......»»

Oil rallied for a second day on Wednesday, buoyed by an unexpected decline in U.S. crude inventories and after Saudi Arabia appeared undaunted by pressure from U.S. President Donald Trump on OPEC to prevent steeper price rises......»»

The price of bitcoin fell below $50,000 Thursday after Tesla CEO Elon Musk tweeted a day earlier tha.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Shares of Arthur J. Gallagher & Co. fell 0.7% in premarket trading Wednesday, after the insurance brokerage and consulting services company announced a public offering of 9 million shares of common stock. At Tuesday's stock closing price of $148.46.....»»

Shares of Aveanna Healthcare Holdings Inc. didn't make much of a splash in their public debut, as the stock opened right in line with the initial public offering price. The Georgia-based home-care company said late Wednesday that it sold.....»»

PCB and CCL makers, while seeing strong orders, have been under pressure of ongoing hikes in international copper price, according to industry sources......»»

U.S. stocks were slightly lower early Wednesday as rising COVID-19 infections around the world contribute to worries over global economic growth, while the Nasdaq saw pressure after Netflix Inc. reported disappointing subscriber numbers......»»

It’s been a year since the U.S. benchmark West Texas Intermediate crude futures settled at a negative price for the first time, and while prices have recovered to trade above pre-COVID-19 levels, the unprecedented drop will not be soon forgotten......»»