Slumping Oil Prices Not Slowing Texas Boom

Experts say oil prices would have to drop far lower before U.S. producers hit the brakes.        

Topics:  u.s    oil prices   
BING NEWS:
  • Oil settles down on US jobs data, steepest weekly loss in 3 months
    Oil prices settled lower on Friday, and posted their steepest weekly loss in three months as investors weighed weak U.S. jobs data and possible timing of a Federal Reserve interest rate cut.
    05/3/2024 - 7:16 am | View Link
  • Oil prices fall, head for steepest weekly drop in three months
    Oil prices edged lower on Friday, and were on course for their steepest weekly loss in three months, as investors weighed weaker-than-expected U.S. jobs data and the timing of a Federal Reserve ...
    05/3/2024 - 6:59 am | View Link
  • Crude oil prices today: WTI prices are up 7.95% YTD
    WTI oil has an American Petroleum Institute gravity of 39.6 degrees, considered “light.” WTI also has a sulfur content of just 0.24%, making it very “sweet.” WTI crude oil is typically the benchmark ...
    05/3/2024 - 3:27 am | View Link
  • Oil settles near 7-week lows, focus shifts to economy
    Oil prices settled on Thursday near their lowest level in seven-weeks, narrowly mixed and under pressure from weaker global demand, rising inventories and fading hopes for a quick cut in U.S. interest ...
    05/2/2024 - 8:07 am | View Link
  • Oil slides to 7-week low as demand weakens, rates stay high
    Oil prices fell to a seven-week low for the second consecutive session on Thursday, weighed by weakening global demand, rising inventories and fading hopes for an early decline in U.S. interest rates.
    05/2/2024 - 6:15 am | View Link
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