Category: Prices

Crude oil futures were lower during mid-morning trade in Asia July 15 after the impasse between Saudi Arabia and the UAE on OPEC+’s oil production quotas for August showed signs Continue Reading

Oil prices fell more than 1% on Thursday, extending losses as investors braced for more supplies following a compromise between top OPEC producers and as U.S. fuel stocks rose, raising Continue Reading

Oil prices declined on Wednesday after data showed a drop in China’s half-year crude imports while expectations for a further tightening of U.S. inventories offered support. Brent crude was down Continue Reading

Crude oil futures were steady to lower during mid-morning trade in Asia July 14 as expectations of tightening near-term supply were countered by COVID-19 resurgences softening regional demand cues.  At Continue Reading

Oil prices declined on Wednesday after data showed a drop in China’s half-year crude imports while expectations for a further tightening of U.S. inventories offered support. Brent crude was down Continue Reading

 Oil rose to the highest price in more than 2 1/2 years as prospects of an imminent flood of crude exports from Iran and other major producers waned while the Continue Reading

 Oil prices climbed on Tuesday, reversing most of the previous day’s losses, as tight supply and expectations of a further draw in U.S. crude inventories provided support, although fears over Continue Reading

A scramble for natural gas is creating pockets of scarcity in the global market, boosting prices for the fuel and for the electricity generated by burning it. Rampant demand in Continue Reading

Oil rose on optimism that fuel demand will keep rising and tighten the market, despite a Covid-19 resurgence in many regions. Futures in New York added 0.6% after sliding 0.6% Continue Reading

U.S. crude and gasoline stockpiles seen falling last week U.S. shale oil output seen to rise 42,000 bpd in August -EIA OPEC+ yet to make progress in resolving impasse, sources Continue Reading