Oil pared last week’s gain as fears of a potential resurgence in global coronavirus cases countered tentative signs of a demand recovery. Futures fell 2.3% in New York to trade near $24 a Continue Reading
The current year is likely to go down in the annals of stock trading as one that set the biggest records, both good and bad. It took a mere 20 Continue Reading
U.S. natural gas prices have jumped more than 20 percent from an early April low and are set to rise through the rest of the year despite high market volatility Continue Reading
Oil notched its first back-to-back weekly gain since February amid optimism around production cuts beginning to eat into a massive supply glut. Futures in New York climbed 25% this week. Explorers Continue Reading
Oil prices were poised for a second weekly gain in a row early on Friday, as traders bet that the worst of the demand loss is behind us while production Continue Reading
Oil prices are poised for a second weekly gain in a row despite the harrowing jobs report released on Friday morning. The U.S. Labor Department reported a loss of more Continue Reading
U.S. West Texas Intermediate crude oil futures are in a position to close higher for a second consecutive week on Friday as more countries moved forward with plans to ease Continue Reading
Crude oil futures rebounded in mid-morning trade in Asia Friday after an overnight fall, but the continuing uncertainty over the demand-supply outlook will cap the recovery, analysts said. At 9:50 Continue Reading
Oil headed for its first back-to-back weekly gain since February as output cuts from the biggest producers and a nascent recovery in demand began to rebalance a market awash with Continue Reading
Oil prices have rallied as traders believe the depths of demand destruction may be coming to an end with economies beginning to reopen. But some analysts are warning that the Continue Reading
