Crude oil futures continued to trade higher during mid-morning trade in Asia Monday, continuing on their upward rally seen from last Friday as markets await fresh leads from the resumption Continue Reading
Oil prices rose by more than 1.5 percent on Monday on hopes that talks in Beijing can resolve a trade war between the United States and China, while supply cuts Continue Reading
Sustained market moves such as we have seen in stocks and oil over the last few months are never the result of one piece of news or data point, so Continue Reading
Bullish sentiment has returned to oil markets in 2019, with Saudi Arabia cutting production while China and the U.S. look to end the trade war Oil prices popped on Friday Continue Reading
S&P Global Ratings has slashed its average crude oil price assumptions by $10 a barrel for 2019 in response to a worsening picture for global demand. The institution said Thursday Continue Reading
A day after the American Petroleum Institute reported sizeable builds in fuel inventories, the Energy Information Administration confirmed a build in gasoline and distillate inventories for the week to December Continue Reading
President Donald Trump said OPEC “is essentially a monopoly,” even as he credited his own “talent” for having brought down oil prices. “Four months ago, oil hit $83 a barrel,” Continue Reading
U.S. gasoline and distillate inventories rose sharply last week as refineries ramped up activity, while crude oil stocks were barely changed, the Energy Information Administration said on Friday. FCrude inventories Continue Reading
ct inventories from the American Petroleum Institute weighed down on prices. Receive daily email alerts, subscriber notes & personalize your experience. At 10:30 am Singapore time (0230 GMT), ICE March Continue Reading
Oil rose toward $57 a barrel on Friday after China said it would hold talks with the United States to look for solutions to a trade dispute, while signs of Continue Reading
