Singapore — Crude oil futures were stable in mid-morning trade Asia Thursday, although the market remained fundamentally bearish, analysts said. Receive daily email alerts, subscriber notes & personalize your experience. Continue Reading
A couple of months ago, the bulls ran the oil markets. Now the bears have taken over. Always volatile, oil prices have tumbled more than 20 percent since late April Continue Reading
Oil prices fell on Wednesday, with West Texas Intermediate crude futures (WTI) dropping to its lowest since January after U.S. crude inventories unexpectedly surged, adding to concerns about slowing global Continue Reading
U.S. crude stockpiles posted another unexpected build last week, sending oil prices 4% lower, while gasoline and distillate inventories grew more than forecast, the Energy Information Administration said on Wednesday. Continue Reading
The U.S. oil price sank into a bear market on Wednesday, falling more than 20% below its April peak, as the global-growth worries gripping financial markets were compounded by fears Continue Reading
US crude oil settled in a bear market on Wednesday and Brent lurched to a six month low after stockpiles of US crude unexpectedly jumped by the most in five Continue Reading
Oil prices resumed their slide on Wednesday, dragged down by an unexpected gain in U.S. inventories and comments from the head of Russian state oil producer Rosneft questioning the point Continue Reading
The American Petroleum Institute (API) reported a surprise build in crude oil inventory of 3.545 million barrels for the week ending May 31, coming in over analyst expectations of a Continue Reading
Oil prices ended as much as 1% higher on Tuesday after a global stock market rally pulled Brent crude from a four-month low touched earlier in the session. U.S. stock Continue Reading
Oil markets are heading into bear territory as fears of a global economic slowdown grow on the back of Washington’s escalating trade wars with both China and Mexico. Investor Alert: Continue Reading
