Crude oil futures fell Friday to their lowest in more than two months, ending a down week with expectations for a supply surplus next year, strength in the U.S. dollar, and continued worries over ...
Meanwhile, gasoline stocks fell by 4.4 million barrels last week to the lowest since November 2022, the EIA said, compared with analysts' expectations in a Reuters poll for a 600,000-barrel build.
By midday Friday, December crude oil prices had completely recovered from the decline and returned to last Friday’s price range. Crude oil prices provide the basis for all liquid fuel prices and ...