U.S. and global oil futures declined on Thursday as a hefty rise in last week’s U.S. supplies and uncertainty surrounding ...
U.S. oil futures on Wednesday marked their lowest settlement price of the year so far after official data revealed a weekly rise in commercial crude inventories following nine consecutive weekly ...
Crude oil further confirmed the recent swing low of $70.91 as support. On Tuesday, crude triggered a continuation of the rally from that low, reaching a new high of $73.99 for the bounce.
In my Q4 Barchart report on the energy sector, I concluded that the oil market faced bullish and bearish factors in early 2024, writing: On January 20 ... for crude oil prices. The chart shows ...
Because of this, some of the anxiety in the oil markets seems to have disappeared. The crude oil market in the ... a proprietary trader with more than 20 years of experience across various markets ...
Market dynamics include low crude inventories, potential sanctions on Iran and Russia, and OPEC+ spare capacity, suggesting a range-bound oil price ... of the five-year inventory chart during ...
Crude oil prices were trending lower ... over the last four weeks averaged 20.6 million barrels per day—a 3.3% increase over this time last year. Distillates products supplied over the last ...
Crude oil futures traded higher on Thursday morning after Saudi Aramco announced an increase in prices ... 20.6 million barrels a day, up by 3.3 per cent from the same period last year.
Oil prices edged up in volatile trade on Monday but closed at a one-month low on the expiration of a higher-priced contract, ...
March WTI crude oil (CLH25) Friday closed down -0.20 (-0.27%), and March RBOB gasoline (RBH25) closed down -0.0067 (-0.32%). Crude and gasoline prices settled ... seasonal 5-year average, (2 ...
Standard Chartered predicts the dramatic slowdown in U.S. oil production growth witnessed in 2024 will continue over the next two years. Oil prices ... at 11.20 am ET while WTI crude for February ...
The spread between Brent and WTI crude oil prices reflects the pricing differences between the regional petroleum markets. The weekly chart of nearby ... ended on January 20, 2025.