Category: Prices

Oil fluctuated near $41 a barrel as the dollar fell and traders weighed the potential for OPEC+ to delay a planned easing of output cuts. While headline prices have gained on Continue Reading

This year has been a true rollercoaster ride for the U.S. stock market, but it is increasingly looking to end on a high note. The S&P 500 has climbed nearly Continue Reading

Crude prices rose in mid-morning trade in Asia Nov. 16, as the market was comforted by the strong possibility that any new lockdowns in the US will be less severe Continue Reading

Oil rose in New York on optimism over China’s recovery from a virus-led demand crash and with the U.S. set to avoid a national lockdown to curb the spread of Continue Reading

Oil declined for a second session as rising Covid-19 cases threatened to derail demand with tougher restrictions in major U.S. cities on the horizon. Futures fell 2.4% in New York Continue Reading

While much of the media attention has been on the recent Pfizer vaccine success, COVID cases are surging and new lockdowns are coming into effect, weighing further on oil prices Continue Reading

Crude oil futures fell during the mid-morning trade in Asia Nov. 13, extending overnight losses, after the US Energy Information Administration data showed a large build in US crude inventories, Continue Reading

Oil fell for a second day — dropping below $41 a barrel in New York — as the ongoing spread of coronavirus dampens the demand outlook. As well as the ongoing Continue Reading

Crude oil prices fell today after the Energy Information Administration reported an oil inventory build of 4.3 million barrels for the week to November 6. The authority also reported a Continue Reading

WTI Crude oil prices are expected to average $44.24 per barrel next year, the EIA said in its latest Short-Term Energy Outlook (STEO), with the forecast price not much higher Continue Reading