Crude futures held onto moderate gains as near-term supply concerns are partly offset by a bigger-than-expected 4.6 million barrel increase in U.S. crude stockpiles despite a drop in net imports.
The coronavirus pandemic of the early 2020s wreaked havoc across the globe. In addition to the unprecedented shutdown of ...
For the purposes of trading on futures exchanges in London or New York ... significance for the USA is West Texas Intermediate (WTI), while the most important in Asia is Dubai Fateh.
In 2024, WTI futures set a record for physical deliveries of over 317K contracts, or 317 million barrels, the highest level since 2017. As Cushing is the heart of the oil pipeline system ...
Oil prices were up 1% and on course for a three-day gain on Thursday after data showed gasoline and distillate draw down in the U.S. while worries about supply ...
Crude oil futures steady amid prospects of Russia-Ukraine peace talks, impacting global oil supply and market prices.
Crude oil gains as trade war fears ease and demand outlook strengthens. Key support at $70.67-$71.51 in focus. Will prices ...
A peace deal between Russia and Ukraine could lead to higher oil output and lower Brent prices, offering some relief to consumers, according to Bank of America.
Oil prices settled flat on Thursday, paring early losses of more than 1% as U.S. tariff announcements were delayed until at ...
Crude Oil WTI Futures, the U.S. benchmark, recently traded at $73.17 a barrel following the report after settling up 1% at $73.32 a barrel. U.S. crude inventories increased by 9.043 million ...
Hedge funds increased bearish bets against oil by the most in three months on the prospect that duelling tariffs between the ...
Oil edged higher as the market digested Trump’s latest tariff threats and Saxo said traders were weighing if these moves were bargaining tactics or structural shifts in policy.