Oil futures lost ground Friday, but remained on track for a weekly rise as fears of a sharp global economic slowdown eased. Price action West Texas Intermediate crude for September Read more
Tag: BRNV22
Oil prices lifted as IEA boosts demand forecast
Crude oil futures moved higher Thursday, finding support after the International Energy Agency raised its forecast for global oil-demand growth as summer heatwaves in Europe and tight natural-gas supplies prompt Read more
Oil bounces after drop in gasoline inventories
Oil futures rose Wednesday, erasing earlier losses after government data showed a bigger-than-expected drop in U.S. gasoline inventories and a jump in refinery utilization, though crude inventories jumped. Price action Read more
Oil turns higher as Russia halts key pipeline flows
Oil futures turned higher Tuesday after news reports said Russia halted crude flows along the Druzhba pipeline toward Hungary, the Czech Republic and Slovakia. Price action West Texas Intermediate crude Read more
Oil renews slide as supply fears fade, demand worries remain
Oil futures fell Monday as worries over crude supply appeared to fade and demand worries remained in place, after both the U.S. and global benchmarks sank to their lowest since Read more
Oil bounces, but on track for sharp weekly loss as demand worries overtake supply concerns
Oil futures bounced Friday, but remain on track for sharp weekly losses as a much stronger-than-expected U.S. jobs report failed to fully dispel fears of a global economic slowdown. Price 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 prices mixed after rout sends U.S. benchmark to 6-month low
Oil futures were mixed Thursday, attempting to stabilize a day after a jump in U.S. crude and gasoline inventories sent benchmarks to their lowest levels since February. Price action West Read more
Oil prices rise as OPEC+ approves small production increase
Oil futures moved higher Wednesday as news reports said the Organization of the Petroleum Exporting Countries its allies will approve a small output increase that’s seen as largely symbolic. Price Read more
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