Category: Prices

Oil prices regained a bit of ground at the end of the week on optimism surrounding the Phase 1 U.S.-China trade deal. At the same time, China reported some downbeat Continue Reading

As the asymmetric war between Iran and the U.S. continues to escalate, threatening oil supply across the Middle East, oil markets appear to be entirely ignoring the conflict. As oil Continue Reading

Crude oil futures were steady in Asian mid-morning trade Friday amid a lack of fresh market drivers, as the Phase 1 signing of the US-China trade deal has been priced Continue Reading

Oil prices were steady on Friday as reports of sluggish economic growth in China, the world’s biggest crude importer, raised concerns about fuel demand which countered optimism from the signing Continue Reading

Oil prices were trading up over 1% on Thursday afternoon, the latest development in the current oil market that can’t decide whether oil prices should be up or down. Today’s Continue Reading

Oil rose about 1% on Thursday, as progress on another major trade deal fed optimism that energy demand will grow in 2020. The U.S. Senate approved a revamp of the Continue Reading

We begin 2020 with the stock market again testing record highs. We just finished a year in which oil prices rose by more than 30 percent. However, natural gas prices Continue Reading

Crude oil futures were higher in mid-morning trade in Asia Thursday as optimism emerged after the US and China signed Phase 1 of the trade agreement.  At 11:08 am Singapore Continue Reading

 Oil prices were down slightly on Wednesday, pressured early by data showing big increases in U.S. refined products but recovered some of the losses later by the signing of a Continue Reading

A day after the API’s crude oil inventory report pressured prices, the EIA relieved some of the pressure by reporting an inventory draw of 2.5 million barrels for the week Continue Reading