Why Oil Has Hit A 3-Month High With Brent Touching $80
On Friday, crude oil futures rose to price levels last seen in October 2024. What are the reasons behind the uptick in prices ...
Natural Gas and Oil Forecast: Bullish Momentum on Geopolitical and Winter Trends
A colder-than-expected winter has driven increased demand for heating oil, kerosene, and LPG. Despite a stronger U.S. dollar, ...
Oil Surges on Supply Risks Amid Prospects of Tighter Sanctions
Oil prices jumped in midday European trade as investors focus on potential supply disruptions and expectations of stronger heating-fuel demand due to colder temperatures.
Oil futures end higher, with Brent turning up for the week
Crude ended lower Wednesday after the Energy Information Administration said U.S. crude supplies fell by 1 million barrels in the week ended Jan. 3, but gasoline inventories rose 6.3 million barrels ...
Citi Raises 1Q Crude Oil Price Estimates
The upward momentum in crude oil prices at the start of the year has prompted analysts at Citi Research to raise their first-quarter estimate for benchmark crudes, while they remain bearish for the ...
Oil futures move up to trade higher for the week
Oil futures moved up Thursday to trade a bit higher for the week, after falling in two of the previous three sessions. Prices on Tuesday had settled at their highest since October.
Oil Slips Amid Stronger Dollar, U.S. Fuel Stocks Build
Oil edged lower in early European trade, but broader concerns of an oversupplied market this year and uncertainties over Chinese growth limit the upside.
Oil Prices Extend Losses on Rising U.S. Fuel Inventories
Brent crude futures fell 28 cents, or 0.4%, to $75.88 a barrel by 0125 GMT. U.S. West Texas Intermediate crude futures dropped 30 cents, or 0.4%, to $73.02. Both benchmarks lost more than 1% on ...
Oil market structure changes as prompt supplies tighten
The price of prompt Brent crude futures on Wednesday rose to a near five-month high over the price for oil six months later due to tightening supply and expectations for a revival in Chinese demand.
Oil prices edge up as U.S. crude supplies fall, gasoline stocks climb
Oil futures edged a bit higher on Wednesday after the U.S. Energy Information Administration reported that commercial crude inventories fell for a seventh strai ...
Oil prices settle lower as U.S. crude supplies fall but product stocks rise
Oil futures were flat to slightly higher Wednesday, with investors awaiting official data on U.S. inventories after an industry report was said to show a large drop in crude stocks but significant ...
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It's All About the Crude Oil Insiders Knowing Something We Don't
Peter Lynch had a fantastic run managing the Magellan Fund, using the basic concept that equity investors should only buy a ...