China April crude throughputs up 0.8% on year WTI front-to-second month contango weakest since January Goldman Sachs lowers US crude supply forecast New York — The oil complex again settled Continue Reading
Oil prices are continuously rising despite the uncertainty surrounding COVID-19, with WTI nearing a two-month high on Friday morning For further research, analysis and trade recommendations, make sure you read Continue Reading
COVID-19 Market Impact – With Henry Hub prices in the $1.80-$1.90 range, there is concern that Haynesville LNG exports could experience a 20% decline in output towards 2023, according to Continue Reading
Crude oil futures contracts were trading above their levels from Thursday on Friday morning in Europe, with bulls in the market taking heart from the latest forecasting from the International Continue Reading
Oil prices have stabilized due to a rebound in demand and the “spectacular” drop in supply, according to a new report from the International Energy Agency (IEA). The reopening of Continue Reading
Oil is heading for a third weekly gain on signs the market is slowly rebalancing as major producers slash supply and consumption recovers after a historic collapse in demand due Continue Reading
Crude oil futures were steady during mid-morning trade in Asia Thursday as economic uncertainty keeps market sentiment cautious. Receive daily email alerts, subscriber notes & personalize your experience. Register Now Continue Reading
Crude oil prices rose today after the Energy Information Administration reported a crude oil inventory decline of 700,000 barrels for the week to May 8. This compared with a build Continue Reading
World stock markets fell for a third day running on Thursday after a sobering warning from the World Health Organization that the coronavirus may never go away. The head of Continue Reading
The US commodities regulator has issued a rare warning to brokers, exchanges and clearinghouses, urging them to be ready for the risk that oil prices could again drop below zero. Continue Reading
