Crude oil futures were lower in mid-afternoon trade Asia Monday as investors booked profits after the air strikes on Syria led by the US, UK, and France. Market participants were Continue Reading
Oil fell more than 1 percent on Monday as markets opened following western air strikes in Syria over the weekend, while a rise in U.S. drilling for new production also Continue Reading
Early morning trade in Asia saw crude oil futures slipping from last week’s 3.5-year high, after the US said that the missile strikes against Syria were a ‘one-time shot.’With Syria Continue Reading
As President Donald Trump threatens to launch missile strikes in Syria over a suspected poison gas attack, and continues his harsh tone against Russia, tensions between Saudi Arabia and Iran Continue Reading
Oil, after looking rangebound for a while, albeit at the highest levels since 2014, looks like it has broken out. When WTI futures challenged February’s high of $66.66 a few Continue Reading
The long era of too much oil sloshing around the world and low prices is coming to an end, just as global events are heating up crude prices. On Friday, Continue Reading
Oil prices added to their gains on Friday, with Brent holding at multi-year highs. The possible trade war poses a threat to demand, but for now, the market is focused Continue Reading
Oil prices rose on Friday, making the largest weekly gain since July, supported by concerns about the possibility of Western military action in Syria and reports of dwindling global oil Continue Reading
Hedge funds and money managers cut their bullish wagers on U.S. crude for the second week in a row, data showed on Friday, even as prices rose amid geopolitical tensions Continue Reading
Traders work on the floor of the NYSE at the closing bell at the New York Stock Exchange on Wall Street in New York City on March 22, 2018. Today Continue Reading
