Category: Prices

Oil settled with minimal change as threats to crude supply from the Gulf of Mexico fizzled in the wake of hurricane Nicholas. Oil ended the session little changed as investors Continue Reading

Oil rose for a third day as another storm menaced a key U.S. energy hub just weeks after Hurricane Ida hammered local output. Crude futures gained 0.6% in New York Continue Reading

Oil prices hit a six-week high on Tuesday as another hurricane threatened to bring heavy rain to Texas and parts of Louisiana that were still recovering from Ida, and as Continue Reading

Natural gas prices have hit their highest levels since 2014, outpacing oil and many other commodities. On Monday, natural gas futures were trading up 2.6% to $5.09 per million British Continue Reading

Oil prices could hit $100 per barrel over the next six months if we have a colder-than-usual winter, which could be the most important driver of global energy markets in Continue Reading

Oil rose on Monday, supported by concerns over shut output in the United States, the world’s biggest producer, following damage from Hurricane Ida, while analysts expected a stable market in Continue Reading

Oil climbed above $70 a barrel in New York after three weeks of gains as investors tracked the slow restoration of supplies in the Gulf of Mexico and the outlook Continue Reading

Crude oil futures were higher in midmorning Asia trade Sept. 13 on concerns about tight US supply in the aftermath of Hurricane Ida and as Tropical Storm Nicholas is expected Continue Reading

The aftermath of Hurricane Ida has left about 1.1 million barrels of daily crude production shuttered in the Gulf of Mexico and it’s unclear when that output will return, a Continue Reading

Bullish sentiment appeared to return to markets on Friday morning as a combination of supply disruptions and an apparent detente between the U.S. and China gave oil markets hope. Oil Continue Reading