WTI crude futures slipped to around USD 59.5 per barrel on Monday, erasing the previous session's gains after Russia's ...
Oil futures picked up some ground from yesterday’s selloff, holding gains into the close despite a bearish U.S. inventory ...
The price of palm oil in Malaysia rose for the fourth consecutive session on Tuesday. This was due to higher soyoil futures ...
Oil prices rose early on Wednesday after an industry report showed on Tuesday that the crude stocks at the key Cushing hub fell further and OPEC+ somewhat eased fears of an imminent glut with a ...
Shares of energy companies fell sharply alongside oil futures. Oil dropped by more than 4% to $58.49 a barrel, amid technical positioning for a market condition known as "contango" when later-dated ...
Crude futures rebounded despite the EIA's weekly US inventory report showing a much higher than expected 6.4 million barrel build in crude stocks and smaller than expected draws in products.
Oil futures snapped a three-session winning streak with market concerns about oversupply back at the front of traders’ minds.
A growing glut of oil and fear of a global economic slowdown have pushed U.S. crude prices to their lowest point since fuel markets were rebounding from the Covid crash. Most actively traded U.S. oil ...
HOUSTON, Oct 13 (Reuters) - Front-month U.S. crude oil futures ended Monday's trading at their smallest premium since January 2024 over the seventh-month contract, as OPEC+ ramps up supply while ...
Crude oil futures were up by about $1 near midday Friday after the U.K. government outlined a new package of sanctions targeting ships carrying Russian oil. The NYMEX October West Texas Intermediate ...
The U.S. oil industry probably passed the low point in the current cycle in July and August, with drilling rates set to start ...
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