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Newly developed technology has transformed barrel handling. Originally manufactured by KAUP Australia for one of Australia’s largest winery facilities, Treasury Wine Estates (TWE), the KAUP Barrel ...
there has been some relief at the pumps for people in Africa. Fuel prices have been falling across the continent following a decline in global oil prices amid fears that the trade war would ...
with benchmark Brent tumbling to $63 per barrel, down about $12 since April 2. Falling crude can boost margins of state oil companies as they get to keep pump prices static. By imposing duty, the ...
Kurt Russell delights fans as he reunites with co-star after more than 40 years World's first de-extinction animal: Dire wolf howl heard for the first time in 10,000 years - landscape How the car ...
Oil prices tumbled over 3% on Monday ... Global benchmark Brent crude futures for June 2025 delivery plunged below $64 per barrel on London's Intercontinental Exchange for the first time in four years ...
Goldman Sachs on Sunday slashed again its 2026 oil price forecasts by $4 per barrel, days after it had already cut its price outlook for 2025 and 2026 in the wake of the U.S. tariffs announcement.
EnergyThe oil market managed to weather the broader sell-off across financial markets better than the rest of the commodities complex. Having traded lower for much of the day, ICE Brent still ...
U.S .crude oil fell $1.29, or 2.08%, to close at $60.70 per barrel, while Brent lost $1.37, or 2.09%, to settle at $64.21. The latest price action comes after U.S. crude and Brent closed down more ...
It is also higher than the national average of $3.26. Julian Paredes, spokesperson for AAA Arizona, told The Center Square the cost of oil is the single biggest factor for the cost of gas for everyone ...
Brent settles down 6.4% at $70.14 a barrel, and WTI falls 6.6% to $66.95 a barrel. ([email protected]) Oil’s Drop Could Bring Challenges for Gulf Economies 1405 GMT – Oil’s 6% slump ...
Russia’s tighter export restrictions and OPEC+ uncertainties add pressure to already volatile oil and gas markets. WTI crude fell nearly 3% to around $69 per barrel as geopolitical tensions and ...
The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose by 6.037 million barrels for the week ending March 28, after a 4.6 million barrel drop in the ...