Oil rose for a second day after US crude and gasoline stockpiles declined further as motorists prepare to take to the road for the summer driving season. West Texas Intermediate Continue Reading
US crude, gasoline stocks decline: EIA Russian oil output recovery, US reserve release cap prices Brent to fall to $95/b by year-end: Commerzbank Crude oil futures were higher in mid-morning Continue Reading
Natural gas briefly surged above $9 per million British thermal units in the US for the first time since 2008, extending a breakneck rally as fears of a supply crunch Continue Reading
IEA’s Birol Says Oil Prices May Rise Further Oil rose after a two-day decline as an industry report showed US gasoline stockpiles shrunk further ahead of the summer driving season Continue Reading
Gasoline Likely to Rise Further, Rapidan Energy Says US gasoline demand — earlier expected to hold strong this summer despite soaring prices — is starting to show signs of cracks. Continue Reading
Oil prices rose on Wednesday, buoyed by tight supplies and the prospect of rising demand from the upcoming start of the summer driving season in the United States, the world’s Continue Reading
Crude resumes climb amid ongoing supply concerns Recessionary fears, lack of Russian oil ban from EU cap upside Oil prices to trade rangebound in the near term: analysts Crude oil Continue Reading
US manufacturing, services PMIs fall in May Beijing COVID-19 flare-up prompts lockdown concerns Tight global supply holds floor under prices Crude futures settled mixed May 24 as the market weighed Continue Reading
IEA’s Birol Says Oil Prices May Rise Further Oil rose after a two-day decline as an industry report showed US gasoline stockpiles shrunk further ahead of the summer driving season Continue Reading
Hungary holds up EU decision to ban Russian oil US dollar falls 1.05% on week US gasoline inventory draws provide support Crude oil futures were lower in mid-morning Asian trade Continue Reading
