Category: Prices

WTI prices may have steadied somewhat after a wild couple of days, but the physical market for crude is still collapsing. Energy stocks posted sharp gains on Thursday as WTI Continue Reading

Oil extended its recovery from Monday’s plunge below zero, but trading remains volatile with the market under intense pressure from a swelling global glut. Futures in New York rose as much Continue Reading

Storage build expected to be 25 Bcf lower than five-year average Production stays relatively flat on the day at 92 Bcf The NYMEX May gas futures jumped 11.8 cents Wednesday Continue Reading

Oil recovered from a 21-year low, bucking two days of frenzied selling, but a global supply glut continues to loom over the market. Brent futures for June delivery closed 5% Continue Reading

Brent crude oil rebounded from two days of losses and U.S. futures surged on Wednesday, bolstered by tentative talk of additional supply cuts from OPEC producers and U.S. inventory builds Continue Reading

The slide in oil prices continued apace on Wednesday, with Brent crude dropping to levels not seen in more than two decades as concerns over the economic impact of the Continue Reading

Oil in London traded near a 21-year low as the global benchmark was sucked into the rout that sent U.S. futures below zero for the first time ever this week. Brent Continue Reading

The price of a WTI barrel of oil rebounded on Tuesday and is now back in the black, mimicking the June futures contract—rather than May’s future contract that is set Continue Reading

After yesterday’s historic crash which left the West Texas Intermediate U.S. benchmark settling at -$37, panic is beginning to spread through markets, with Brent crude oil prices plummeting by over Continue Reading

Oil’s collapse is deepening. Just a day after U.S. crude futures for May delivery plunged below zero for the first time ever, June futures plummeted 43% to close below $12 Continue Reading