The extended climb in oil prices is leaving some other industrial commodities behind, a divergence that reflects bets that energy supply shortages will offset any slowdown in the global economy. U.S. crude Continue Reading
Global oil demand is on course to recover to pre-pandemic levels by the end of the year U.S. demand is leading the way, with petroleum product demand approaching all-time highs Continue Reading
The extended climb in oil prices is leaving some other industrial commodities behind, a divergence that reflects bets that energy supply shortages will offset any slowdown in the global economy. U.S. crude Continue Reading
Oil prices rose 2% on Monday, extending multiweek gains as an energy crisis gripping major economies shows no sign of easing amid a pick up in economic activity and restrained Continue Reading
Crude topped $81 a barrel as the global power crunch boosts demand for oil ahead of winter. West Texas Intermediate futures climbed 2.7% to the highest level since October 2014. Continue Reading
Oil prices have vaulted to multi-year highs after OPEC and other major producers opted last week against increasing output by more than previously agreed. However, it’s the natural gas trajectory Continue Reading
Highlights NYMEX WTI highest since 0ct. 31, 2014 US jobs report misses expectations, unemployment at pandemic low Europe energy squeeze stalks market Crude oil futures settled higher Oct. 8 on Continue Reading
The U.S. Department of Energy is walking back previous comments that it was considering a release of the Strategic Petroleum Reserve and a ban on crude oil exports The DoE Continue Reading
West Texas Intermediate crude futures hit $80 a barrel for the first time since November 2014 as a global energy crisis boosts demand and OPEC+ keeps supplies tight. The benchmark’s Continue Reading
Oil headed for a seventh weekly gain, the longest run since December, as a global energy crunch roils markets from Europe to Asia. Futures in New York extended gains toward Continue Reading
