Share: Crude Oil markets see frothy action as barrel traders whipsaw on Houthi headlines. EIA US Crude Oil production seen net higher, albeit with some regional...
Share: WTI rose on Friday after markets were gripped once more by geopolitical concerns. Chinese Crude Oil demand recovered on Friday, further boosting the day’s bids....
Share: WTI’s sharp decline triggered by Saudi price cuts to Asian markets, amidst increased oil production by some OPEC members. Geopolitical tensions in the Middle East...
Share: Crude Oil markets bumped on continued threat of Middle East conflict spillover. Cargo ships are beign diverted from the Red Sea for the foreseeable future....
Share: Crude Oil initially rose on Tuesday after reports of ongoing ship attacks near Yemen. Economic data continues to soften, souring Crude Oil bids. OPEC production...
Share: WTI declined on Thursday, extending losses as broad-market risk flows reverse direction. Crude Oil markets are facing declines, shrugging off an unexpected decline in US...
Share: WTI chipped lower as shipping continued through Red Sea despite new rebel attacks. Crude bids are eating away at last week’s gains as shipping lanes...
Share: Crude Oil whipsawed on Thursday as energies grappled with headlines pulling in multiple directions. Angola is the latest country to quit OPEC, further reducing OPEC’s...
Share: Crude Oil production continues to outpace demand, fourth quarter’s steep drawdowns fail to materialize. WTI still pinned near $74.00 per barrel as energies keep aloft...
Share: Crude Oil markets are heading lower to close out the trading week. WTI is testing into the low end, shedding the $72 handle. US Crude...
Share: WTI slides more than 3% after a rise in US gasoline stockpiles. Crude Oil inventories fall by 4.6 million barrels, surpassing forecasts; market sentiment shifts...
Share: WTI marks a four-day decline, impacted by Greenback’s recovery and demand-supply dynamics. OPEC+ agrees on 2.2 million bpd cuts for Q1 2024; Russia hints at...
Share: Strategists at Commerzbank analyze the long-term outlook for German power prices. Electricity prices even threaten to rise in the coming years Despite the recent fall...
Share: WTI dropped more than $3.00 after hitting a daily high of $79.56, shy of the $80.00 per barrel barrier. OPEC+ decided to slash Crude Oil...
Share: Considering advanced prints from CME Group for natural gas futures markets, open interest resumed the decline and shrank by around 17.7K contracts on Monday. On...
Share: WTI crude oil prices declined following the start of a truce in the Gaza Strip. OPEC+ postpones crucial meetings, sparking speculations of potential oil production...
Share: Crude Oil is clawing back after a downside shock fueled by OPEC meeting cancelation. OPEC finance minister meeting re-scheduled for November 30th. OPEC is expected...
Share: WTI crude oil recovers sharply after hitting a three-month low. Profit booking by traders also plays a role in WTI’s recovery from its recent plunge....
Share: WTI crude oil plummets to $72.55 per barrel, as US crude inventories build more than expected. Soft US economic indicators, including rising unemployment claims and...
Share: WTI crude oil falls to $76.50 per barrel, down 2.14%, following a larger-than-expected build in US crude inventories and record production levels. Economic contraction in...