Crude oil futures were lower during mid-morning trade in Asia Aug. 4 as traders took profit after the overnight rally amid better-than-expected global economic data. Not registered? Receive daily email Continue Reading
Oil rose the most in nearly two weeks, tracking a move in stronger equities, as economic data from the U.S. to Europe and Asia signaled a flicker of life in Continue Reading
The weather is going to be hot after all in the short term, forecasts now predict. That prediction sent natural gas prices soaring on Monday by nearly 20 percent as Continue Reading
Oil prices remain stable despite rising pressure over the last week. Economic data from the United States fueled bearish sentiment despite encouraging data from the EIA. The U.S. economy is Continue Reading
Oil edged below $40 a barrel in New York as OPEC and allied producers started supplying more crude to a global market where many countries are still struggling to contain Continue Reading
Crude oil futures were lower in mid-morning trade in Asia Aug. 3 as weakening demand and rising supply weighed on market sentiment. At 10:48 am Singapore time (0248 GMT), the Continue Reading
Oil prices fell on Monday on oversupply worries as OPEC and its allies are set to wind back output cuts in August and a rise in worldwide COVID-19 cases points Continue Reading
Oil posted a gain in July, boosted by a steadily weakening dollar and OPEC’s restraint on production. Deep crude output curbs by the Organization of Petroleum Exporting Countries and its Continue Reading
Oil posted a gain in July, boosted by a steadily weakening dollar and OPEC’s restraint on production. Deep crude output curbs by the Organization of Petroleum Exporting Countries and its allies Continue Reading
With crude stuck in a range for a month or so, my attention has increasingly been on natural gas. That is unusual for me. Anything that moves in big chunks Continue Reading
