Category: Prices

Oil was propped up by a weaker dollar and stronger U.S. equities with speculation growing around the Federal Reserve reinforcing its dovish message. U.S. crude futures climbed 0.8% on Monday. Equities Continue Reading

Oil edged lower after a weekly gain as investors weighed worsening relations between Washington and Beijing and the prospect of more supply against a weakening dollar and signs the virus Continue Reading

Crude oil futures were slightly lower during mid-morning trade in Asia July 27 as concerns over recovery in oil demand resurfaced amid a resurgence in the number of COVID-19 cases Continue Reading

Oil prices rose on Friday, lifted by some supportive economic data, but tensions between the United States and China limited gains. Brent crude futures LCOc1 rose 3 cents to settle Continue Reading

Oil prices have once again fallen back to the $40 mark as the EIA bearish data that dampened optimism in markets For Global Energy Alert members there are now two Continue Reading

The adage “timing is everything” seems to be particularly relevant nowadays among North American oil producers. That is one takeaway from this week’s recap of developments in the oil and Continue Reading

Oil edged higher with a weaker dollar overshadowing signs of a slowing global economic recovery. U.S. crude futures flipped between gains and losses during Friday’s session, eventually closing higher and posting Continue Reading

U.S. West Texas Intermediate crude oil futures are trading slightly lower on Friday, but still holding on to its weekly gains. The price action is being manipulated by escalating tensions Continue Reading

Oil swung between gains and losses as deteriorating U.S.-China relations cast doubt over the strength of the demand recovery, but European economic data showed a return to growth. U.S. crude futures Continue Reading