Oil dropped after an unexpected increase in U.S. stockpiles and a Federal Reserve warning that a vaccine may not be enough to get the economy back on track. Futures in New York Continue Reading
The International Energy Agency has trimmed its oil demand estimate for 2020 on the resurgence of coronavirus in Europe and the US and said it does not expect a “significant Continue Reading
Diesel prices across the US soared last week, reaching multiyear highs in nearly every region. The aftermath of several hurricanes this year curtailed production, and perhaps shut some refineries for Continue Reading
Natural gas spot prices in the Northeast and Midwest have felt the effects of above-average temperatures and ample supply over the last two weeks, while Southeast and Southwest spot gas Continue Reading
Oil steadied as the International Energy Agency warned the coronavirus vaccine breakthrough won’t quickly revive markets. Futures fluctuated between gains and losses near $41 a barrel. The IEA cut its forecasts for global Continue Reading
Oil edged higher but pared earlier gains as the risk of renewed lockdowns crimping demand in the near-term restrained a vaccine-driven rally. Futures in New York closed slightly higher Wednesday, Continue Reading
Global oil benchmark Brent rose on Wednesday, briefly touching a more than two-month high above $45 a barrel on hopes of a COVID-19 vaccine that could boost demand and later Continue Reading
Crude oil prices continued on their upward trajectory during mid-morning trade in Asia Nov. 11, as positive data from the American Petroleum Institute further buoyed markets still riding high from Continue Reading
The major participants at ADIPEC 2020’s ADNOC Trading Forum expressed a wide range of sentiment, but the general message was one of caution or even outright pessimism when it came Continue Reading
Oil futures settled higher Nov. 10 as optimism surrounding a coronavirus vaccine boosted demand outlooks. Receive daily email alerts, subscriber notes & personalize your experience. Register Now NYMEX December WTI Continue Reading
