Gold rallied to a more than two-year high and oil extended its losses on Wednesday, as renewed fears over the impact of Britain’s exit from the European Union prompted investors Continue Reading
Oil fell below $50 a barrel on Tuesday as concern about a potential slowdown in economic growth that would weigh on demand trumped supply outages in Nigeria and other exporting Continue Reading
The United States Oil Fund that tracks West Texas Intermediate oil prices attracted $59.9 million in June, the first inflow since February, as crude jumped to the highest level in Continue Reading
Oil prices fell Tuesday as concerns over the global economy led speculative investors to exit the market. The global benchmark, Brent, was trading down 0.25% at $48.97 a barrel in Continue Reading
There has been a lot of optimism returning to the energy markets of late as oil prices have climbed to the $50 a barrel region. Ironically, while a few years Continue Reading
Nigeria output rose, U.S. East Coast gasoline stocks climb Three attacks hit Saudi cities of Qatif, Jeddah, Medina Brent crude dropped below $50 a barrel, sinking in tandem with equity Continue Reading
Oil fell below $50 a barrel on Tuesday as concern about a potential slowdown in economic growth that would weigh on demand trumped supply outages in Nigeria and other exporting Continue Reading
Niger Delta Avengers claim five attacks in blow to cease-fire U.S. drillers bring back rigs as oil market seen stabilizing Brent crude traded near $50 a barrel as Nigerian militants Continue Reading
Vitol CEO Ian Taylor says crude to end 2016 near $50 a barrel Sees weaker demand growth in China and the rest of Asia Oil prices won’t rise much further Continue Reading
U.S. consumption revised lower while supply at seasonal high Money managers cut bullish crude bets to lowest since March American drivers’ seemingly insatiable thirst for gasoline is running into a Continue Reading
