Category: Prices

Crude oil prices rose on Monday as storms closed in on the Gulf of Mexico, shutting more than half its oil production, and on signs of progress in the development Continue Reading

Friday, August 21st, 2020 Oil retreated at the end of the week on more negative news from the U.S. labor market. Oil prices fell back to a familiar trading range Continue Reading

Oil prices fell Aug. 21 as weak European economic recovery news teamed up with concerns about sluggish crude demand amid the ongoing coronavirus pandemic. Crude prices were trading substantially more Continue Reading

U.S. West Texas Intermediate crude oil futures are trading lower on Friday, putting the market in a position to close lower for the first week in three. The market has Continue Reading

Oil is set for a third weekly gain in New York on nascent signs of a demand recovery, but the pandemic is continuing to cloud the outlook while concerns are Continue Reading

These companies flooded the market in recent years and have effectively become the swing producers in the newly global market for U.S. shale gas. Their reticence to chase rising prices Continue Reading

Oil fell the most in a week with a sluggish U.S. labor market compounding concerns that demand will remain weak. Futures in New York declined 0.8% on Thursday, retreating from Continue Reading

Oil plunged on Thursday morning, after an unexpected increase in weekly U.S. jobless claims added to a cautious view from the Fed about the U.S. economic recovery to weigh on Continue Reading

Crude oil futures were lower in mid-morning trade in Asia Aug. 20 after the US dollar strengthened, a drawdown in US commercial crude inventories proved smaller than analysts had expected Continue Reading