He notes that oil prices could drop to $60 per barrel but expects a recovery in the next 18 months. To watch more expert insights and analysis on the latest market action, check out more Catalysts ...

WASHINGTON - One expert says there is one "silver lining" from crude oil prices dropping to their lowest level in four years. In the wake of President Donald Trump announcing tariffs on U.S ...

But as oil hits its lowest price in 18 years, economics rather than politics are likely to fuel a decrease in fracking, at least in the short term. Experts say the price drop will hit the industry ...

"If the talks go bad, you could see a drop in demand for oil from China." Markets have been rocked by conflicting signals from U.S. President Donald Trump and Beijing over what progress was being ...

Oil prices were also supported by a U.S. government report Thursday showing a drop in domestic supplies of crude oil and heating fuel. In its weekly inventory report, delayed by a day due to the ...

Volatility will persist, risk is off, and currently it is impossible to foretell when appetite for oil and equities will return.” The drop in oil prices comes as global leaders are reacting to ...

NEW YORK, April 30 (Reuters) - Oil prices settled down on Wednesday and recorded the largest monthly drop in almost 3-1/2 years after Saudi Arabia signaled a move toward producing more and ...