Crude oil futures rose during the morning trade in Asia on Aug. 27 as investors sought to take advantage of lower prices following an overnight decline and the retreat of Continue Reading
Oil headed for the biggest weekly gain in 11 months as market focus shifted to the outlook for U.S. economic stimulus and a storm that is menacing the Gulf of Continue Reading
Oil prices rose on Friday, on track to post big gains for the week, on worries about supply disruptions as energy companies began shutting production in the Gulf of Mexico Continue Reading
Oil fell on Thursday for the first session this week as renewed concerns about demand amid rising COVID-19 infections cut short a three-day rally, and as production returned in Mexico. Continue Reading
The closely-watched spread between the U.S. and global crude benchmarks widened to the biggest gap in four months with traders anticipating ballooning supply in America. The U.S. government plans to Continue Reading
Oil dropped after the biggest three-day gain since March, with the latest Covid-19 resurgence still clouding the outlook for fuel demand. Futures in New York fell below $68 a barrel Continue Reading
Oil fell on Thursday for the first session this week as renewed concerns about demand amid rising COVID-19 infections cut short a three-day rally, and as production returned in Mexico. Continue Reading
Oil clung to the gains from its biggest two-day advance since November, with prices continuing to fluctuate amid concerns about the impact of the coronavirus on global consumption. Futures in Continue Reading
Oil prices dropped on Wednesday but stayed above $70 a barrel, taking a breather after recent days’ strong rally as Mexico was set to resume crude production following a major Continue Reading
After taking a beating over the past few weeks, oil prices have been surging on rising demand optimism, a major production outage in Mexico, and the first full U.S. regulatory Continue Reading
