Crude oil futures ticked up during mid-morning trade in Asia Oct. 6, extending overnight gains, as optimism over a new US stimulus bill abounded and reports of supply disruptions in Continue Reading
Oil rose further after the biggest gain since May on growing optimism for more U.S. fiscal stimulus and as President Donald Trump left hospital following treatment for Covid-19. Futures added Continue Reading
The worsening demand picture for oil and derivatives finally squashed the $40 WTI price last week. There were just too many negatives hitting at the same time for the market Continue Reading
Oil climbed the most since May in New York, rallying in tandem with equity markets on optimism over the potential for more U.S. fiscal relief that could provide a sorely Continue Reading
Natural gas prices on Monday rose nearly 10 percent as lofty hopes of an economic stimulus deal in the United States persist, an increase in LNG exports, and positive reports Continue Reading
Highlights Dec, Jan, Feb average falls 57 cents to $2.50/MMBtu Cash market craters on maintenance, weak demand Permian output likely to remain around 11 Bcf/d Permian forwards markets could retrace Continue Reading
Rollercoaster moves in the U.S. natural gas market over the past few weeks are underscoring traders’ uncertainty about whether a frigid winter, muted output and rebounding demand will send prices Continue Reading
Oil rose from a three-week low after a member of Donald Trump’s medical team said the U.S. President could leave the hospital as soon as Monday, despite contradictory accounts about Continue Reading
Oil fell in New York and the global benchmark Brent plummeted to the lowest level since June after President Donald Trump’s positive Covid-19 diagnosis combined with labor market weakness heightened Continue Reading
Crude oil prices plunged on Oct. 2 to close out a bearish week for petroleum after US President Donald Trump and his wife said they had contracted the coronavirus, and Continue Reading
