Oil futures rose early Friday, on track for weekly gains, as market bulls looked for signs China may soon move to ease COVID restrictions and allow economic growth to revive. Read more
Tag: barrel
Global oil benchmark falls back below $90 a barrel as recession fears, dollar strength take toll
Oil futures traded lower Monday, after a third straight losing week, as investors await a Federal Reserve decision that’s expected to deliver another jumbo rate hike. Price action West Texas Read more
Oil rout deepens as U.S. crude benchmark falls below $90 a barrel
Oil futures extended a decline Thursday, with Brent crude slipping to levels last seen before Russia’s invasion of Ukraine and the U.S. benchmark sliding below the $90-a-barrel threshold. Price action Read more
Oil rout deepens as U.S. crude benchmark falls below $90 a barrel
Oil futures extended a decline Thursday, with Brent crude slipping to levels last seen before Russia’s invasion of Ukraine and the U.S. benchmark sliding below the $90-a-barrel threshold. Price action Read more
Oil ticks higher after selloff sends crude below $100 a barrel
Oil futures ticked higher early Wednesday, bouncing modestly after a rout in the previous session that took both the U.S. and global benchmarks back below $100 a barrel. Price action Read more
Oil slumps over 4% as U.S. benchmark slides back below $100 a barrel
Oil futures fell sharply early Tuesday, with the U.S. benchmark slipping back below $100 a barrel, hampered by a strong dollar and continued worries over COVID-19 restrictions in China. Price Read more
Oil steadies after 2-day rout pushes U.S. crude into bear market below $100 a barrel
Oil futures steadied Thursday after a two-day rout fueled by recession fears that sent the U.S. benchmark below $100 a barrel and into a bear market. Price action West Texas Read more
Oil steadies after 2-day rout pushes U.S. crude into bear market below $100 a barrel
Oil futures steadied Thursday after a two-day rout fueled by recession fears that sent the U.S. benchmark below $100 a barrel and into a bear market. Price action Market drivers Read more
Oil selloff overshoots, says Goldman, as U.S. crude extends dive below $100 a barrel
A selloff that’s sent the U.S. crude diving below $100 a barrel this week has already gone too far, according to analysts at Goldman Sachs. West Texas Intermediate crude CL.1, Read more
U.S. oil benchmark ticks back above $100 a barrel after Tuesday rout
Oil futures edged higher Wednesday as supply worries moved back into focus after a rout in the previous session that drove the U.S. crude benchmark below the $100-a-barrel threshold for Read more