Category: Prices

For oil, the beginning of this week is like the morning hangover following a good night out that went a bit too far. For oil, the beginning of this week Continue Reading

The oil markets have staged a dramatic rally since early November, with WTI breaking out of a range between the high $30’s and low $40’s for the first time since Continue Reading

Oil prices sank over 1% on Monday, erasing the positive sentiment that the market boasted last week after OPEC+ agreed on a plan for January production. While OPEC+ agreed to Continue Reading

Crude oil futures ticked down during midmorning trading in Asia Dec. 7 as the rally spurred by OPEC+ partially extending production quotas tapered off after most of California entered into Continue Reading

Oil fell from its strongest close in nine months, hampered by weaker risk sentiment in global markets. Crude futures were down 1.9% in New York, with the dollar trading higher and Continue Reading

Oil prices slipped on Monday as the positive impact from COVID-19 vaccines and an OPEC+ deal on oil production cuts was undermined by surging coronavirus cases and heightened tensions between Continue Reading

Oil prices settled higher Dec. 4 as optimism surrounding US federal stimulus negotiations and a weaker dollar offset pandemic-driven demand concerns. NYMEX January WTI settled 62 cents higher at $46.26/b Continue Reading

Oil rose for a fifth straight week with support from an OPEC+ deal and hopes for another round of U.S. stimulus. Futures in New York and London closed at fresh nine-month Continue Reading

Crude oil futures rose during mid-morning trade in Asia Dec. 4, extending overnight gains, as uncertainty over OPEC+ production plan abated after the alliance settled on a compromise deal that Continue Reading