Category: Prices

Oil prices may have found their new normal, for now. Analysts forecast that crude will remain stuck in its current tight-trading range in the mid-$50s a barrel until at least Continue Reading

The oil market’s failure to break out of the tightest range in more than a decade is sapping investor interest. After hitting a record high last week, hedge funds reduced Continue Reading

Crude oil prices ended the week back in the middle of the range they have been mired in for two months as a rebound Friday couldn’t overcome big losses from Continue Reading

Oil markets rose on Friday as the dollar edged away from a multi-week high, but prices are being held in check by unchanged Russian output for February, a sign of Continue Reading

Crude prices are getting up off the canvas after being knocked down yesterday, helped up by a falling dollar ahead of lots of Fedspeak. Nonetheless, prices are holding in their Continue Reading

Oil prices fell to three week lows before recovering slightly on Friday morning, as early reports of OPEC’s compliance in February look promising. (Click to enlarge) (Click to enlarge) (Click Continue Reading

Oil markets rose on Friday as the dollar edged away from a multi-week high, but prices are being held in check by unchanged Russian output for February, a sign of Continue Reading

Oil prices fell for the third straight session on Thursday, with bearish sentiment fueled by the latest increase in U.S. crude stockpiles and production in addition to the strength of Continue Reading

Crude oil fell for a third consecutive session on Thursday as a record build-up in U.S. stockpiles weighed on the market, with producers boosting shale oil production. Crude stockpiles in Continue Reading

U.S. crude lost more ground on Wednesday on rising U.S. oil output, although OPEC production cuts continued to offer support. A decline in U.S. gasoline futures on Tuesday also pressured Continue Reading