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
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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
Biden to promise bill codifying abortion rights if Democrats keep Congress
With three weeks to go until Election Day for the midterm races, President Joe Biden on Tuesday is slated to talk up his party’s support for abortion rights, as Republicans 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
Oil ticks higher as traders weigh recession fears versus tight crude supplies
Oil futures edged higher in early trade Monday, attempting to bounce after last week’s fall as investors weigh recession fears against tight crude supplies. Price action West Texas Intermediate crude Read more
Oil on track for weekly fall amid recession fears
Oil prices declined on Friday, contributing to a loss for the week, as worries over a global economic downturn continued to plague the demand outlook. Price action West Texas Intermediate Read more
Oil slumps after hot inflation reading, while IEA warns of global recession
Oil futures fell Thursday after a hotter-than-expected consumers price index reading was seen forcing the Federal Reserve to keep aggressively tightening monetary policy, while the International Energy Agency warned that Read more