Oil was steady with dwindling U.S. inventories and roaring demand offset by the potential return of supplies from Iran. Futures in New York traded near $90 a barrel on Thursday Continue Reading
U.S. crude inventories fell to lowest since Oct 2018 -EIA Overall product supplied hit record 21.9 mln bpd last month -EIA U.S.-Iran nuclear talks reach crucial point -White House Biden Continue Reading
Oil prices rose late on Wednesday afternoon with Brent reaching just shy of $92 per barrel. But JPMorgan is warning that Brent crude could “easily” reach $120 per barrel—if the Continue Reading
The dramatic sprint of crude oil toward $100/b is prompting Asian importers to rethink supply strategy as well as their fiscal roadmap, which could result in an aggressive recourse to Continue Reading
Oil prices are still trading near seven-year highs, and the Biden administration is feeling pressure to lower inflation Cathie Wood of ARK Invest is predicting that advances in technology will Continue Reading
Crude oil futures were lower in mid-morning Asian trade Feb. 8, easing off multi-year highs as a seven-week long bull-run appeared to lose steam, though market watchers were in consensus Continue Reading
Oil slipped to around $92 a barrel on Tuesday ahead of the resumption of indirect talks between the United States and Iran, which may revive a nuclear agreement that could Continue Reading
China’s restocking effort could be the next bullish catalyst for oil Vitol executive: China doesn’t appear to be as sensitive to high oil prices as South Asian nations are The Continue Reading
After hitting a peak of $3.45 per gallon last week, the national average U.S. gasoline prices are expected to calm down significantly this week due to price cycling, Patrick De Continue Reading
Want the lowdown on European markets? In your inbox before the open, every day. Sign up here. European natural gas prices rose after U.S. President Joe Biden said the controversial Nord Continue Reading
