Oil futures settled lower Oct. 26 as demand outlooks came under pressure amid a surge in COVID-19 cases in the US and Europe. NYMEX December WTI settled $1.29 lower at Continue Reading
It’s a dark Monday in the oil market, according to Rystad Energy. It’s a dark Monday in the oil market. That’s what Rystad Energy’s head of oil markets Bjornar Tonhaugen Continue Reading
Oil extended its slide to a second day on a toxic cocktail of surging coronavirus cases in the U.S. and Europe, dwindling prospects for pre-election stimulus in Washington and a Continue Reading
Crude oil futures fell during the mid-morning trade in Asia on Oct. 26, extending losses from Oct. 23, after Libya’s National Oil Corp said that output from the country may Continue Reading
Oil extended its slide to a second day on a toxic cocktail of surging coronavirus cases in the U.S. and Europe, dwindling prospects for pre-election stimulus in Washington and a Continue Reading
Oil fell more than 2% on Monday, extending last week’s losses as growing cases of COVID-19 in the United States and Europe raised worries about crude demand, while the prospect Continue Reading
Oil retreated as a further increase in Libyan output threatens to return more supply to a market that’s already grappling with a pandemic-induced slump in demand. (Bloomberg) — Oil retreated Continue Reading
Oil fell nearly 2% on Friday, finishing lower for the week, in anticipation of a surge in Libyan crude supply and demand concerns caused by surging coronavirus cases in the Continue Reading
The Henry Hub 2021 forward curve is trading at its highest in more than four years as supply-demand fundamentals in the US natural gas market continue to tighten. Receive daily Continue Reading
Crude oil futures were steady during mid-morning trade in Asia Oct. 23, after settling higher overnight on fresh hopes of an agreement on the US stimulus bill and as Russia Continue Reading
