Oil prices slip ahead of U.S. inventory data
Oil prices fell more than $1 a barrel on Wednesday, under pressure from global central bank efforts to limit inflation and ahead of expected builds in U.S. crude inventories as Continue Reading
Oil Declines Ahead of US Stockpile Data Amid Choppy Trading
Oil fell after a three-day climb as investors weighed data that pointed to an increase in US inventories. Brent futures, the global benchmark, lost 0.9%. Prices have struggled for meaningful Continue Reading
Oil Holds Above $100 as Traders Weigh Tight Market, Dollar
. Oil held well above $100 a barrel after posting the biggest one-day advance since May, aided by a tightening market and a cooling in dollar gains. West Texas Intermediate Continue Reading
Oil prices rise on tight supply worries, soft dollar supports
Oil rose slightly on Tuesday, paring earlier losses and after soaring by more than $5 barrel in the previous session, amid concerns about tight supply. Brent crude futures for September Continue Reading
$100+ Oil Is Back For The Long Haul
Oil prices gained over 4.6% on Monday as the market attempted to digest developments in the Middle East, and as the dollar weakened slightly. Brent oil prices climbed to $105.8 Continue Reading
Average U.S. retail gasoline price falls below $4.50 a gallon – AAA
for the first time in nine weeks, data from the American Automobile Association (AAA) showed. The price of U.S. gasoline averaged more than $5 a gallon for the first time Continue Reading
Oil Advances Back Toward $100 With Markets in Risk-On Mode
Oil rose back near $100 a barrel, aided by a weaker dollar that put commodities broadly on a firmer footing. West Texas Intermediate added as much as 3.1%. European stock Continue Reading
Gas prices could jump as soon as October
Drivers relieved by the recent dip in gas prices may be in for a shock when the summer winds down, with energy analysts warning a fresh round of price surges Continue Reading
OIL FUTURES: Crude ends week higher amid US economic optimism, global supply risks
Highlights US June retail sales exceed expectations Biden visit to Saudi Arabia unlikely to result in more supply Brent backwardation widens Crude oil futures settled higher July 15, as recession Continue Reading
Oil Prices Hit Levels Not Seen Since April
In this week’s edition of oil and gas industry hits and misses, Rigzone’s regular market watchers focus on this week’s oil price drop, inflation, inventory levels and more. Read on Continue Reading