Oil futures fell Monday, feeling pressure after a weak reading on China factory activity and a widening of COVID-19 curbs by the country. Previously beaten-down natural-gas futures, meanwhile, rallied by Read more
Tag: BRNZ22
Oil slips as China expands COVID curbs, but on track for weekly gains
Oil futures fell Friday as several Chinese cities widened COVID-19 curbs, but crude remained on track for solid weekly gains. Price action West Texas Intermediate crude for December delivery CL.1, Read more
Oil aims for 3-day winning streak
Oil futures ticked higher early Thursday, attempting to build a three-day winning streak. Price action West Texas Intermediate crude for December delivery CL.1, +0.28% CL00, +0.28% CLZ22, +0.28% rose 47 Read more
Oil ticks higher, shaking off industry data showing rise in U.S. crude stocks
Oil futures edged higher early Wednesday, with traders awaiting official data on U.S. crude inventories after industry figures showed a large rise. Price action West Texas Intermediate crude for December Read more
Oil falls for second day as demand worries continue
Oil futures fell Tuesday, on track for back-to-back losses as investors remained worried about the demand outlook for crude as the Federal Reserve and other major central banks aggressively tighten Read more
Oil loses ground as traders weigh China demand worries
Oil futures fell early Monday to begin the week as traders weighed the outlook for Chinese demand after a round of lackluster import data and the conclusion of the Communist Read more
Oil ends higher; natural gas prices post a weekly loss of more than 20%
Oil futures ended higher on Friday, while natural-gas futures extended their losses into a sixth-consecutive session to end the week with a loss of more than 20%. Price action West Read more
Oil prices build on gains as China reportedly weighs easing quarantine rules
Oil futures were building on gains Thursday, finding support after a report China may ease quarantine restrictions on visitors to the country. Price action West Texas Intermediate crude for November Read more
Oil bounces as U.S. supplies show decline, while Biden administration plans another SPR release
Oil futures bounced Wednesday, finding support as industry data showed a fall in U.S. supplies and as traders debated the impact of the Biden administration’s plan to release more crude Read more
Oil turns lower as dollar renews its rise
Oil futures erased an early bounce to turn lower as the U.S. dollar resumed a push higher while investors weigh fears of a global economic downturn against tight crude supplies. Read more