Oil hits multi-year high above $86, then pulls back
Oil hit a three-year high above $86 a barrel on Thursday driven by tight supply and a global energy crunch, although prices eased as some investors took profits on signs Continue Reading
Oil hit a three-year high above $86 a barrel on Thursday driven by tight supply and a global energy crunch, although prices eased as some investors took profits on signs Continue Reading
Oil slid by the most in two weeks, falling from overbought territory amid concerns around global economic growth. Futures in New York fell 1.1% on Thursday after holding at the Continue Reading
Natural-gas prices have shed 19% since hitting a 13-year high earlier this month, reversing some of a run-up that has prompted fears of exorbitant heating bills and higher manufacturing costs at a Continue Reading
Oil slipped after hitting a seven-year high following a surprise draw in U.S. crude stockpiles and a robust decline in fuel supplies. Futures in New York edged toward $83 a Continue Reading
Oil hit a three-year high above $86 a barrel on Thursday driven by tight supply and a global energy crunch, although prices eased as some investors took profits on signs Continue Reading
The oil price rally is far from over, with inventory drawdowns across the world suggesting the market is far from being balanced OPEC+ appears in no rush to add supply Continue Reading
Oil reversed its early course to settle higher after an EIA report showed a decline in US crude inventories. Oil hit a fresh high after a U.S. government report showed Continue Reading
Oil fell from the highest level in seven years as China unleashed measures aimed at stabilizing its power supplies for the winter, while a U.S. industry report pointed to an Continue Reading
Oil prices fell on Wednesday after the Chinese government stepped up efforts to tame record high coal prices and ensure coal mines operate at full capacity as Beijing moved to Continue Reading
Oil prices rose on Tuesday, recouping earlier losses, as falling temperatures in China, the world’s biggest energy consumer, revived concerns about its ability to meet heating demand needs amid power Continue Reading