The crude oil market are a bit lower in the early hours of Friday, as we are a bit overextended at the moment in both the CL ...
West Texas Intermediate (WTI) Oil price retreats after reaching six-month highs, gaining more than 3%, in the previous ...
Brent crude futures rose 29 cents, or 0.36%, to $80.21 a barrel by 1008 GMT. U.S. West Texas Intermediate crude was up 33 ...
Ahead of Donald Trump's presidential inauguration on Monday, Stephen Innes, managing partner at SPI Asset Management, warned traders to “brace for a dynamic and potentially tumultuous year in crude ...
It is advisable to focus on companies like EOG Resources, ConocoPhillips & ExxonMobil, which have significant upstream operations in key shale plays.
While the latest Energy Information Administration report shows a downward trend in gasoline demand with increased supplies, ...
Houston bunker costs have surged to the highest level in six months amid rallying US oil prices and fuel terminal congestion.
KUWAIT, 17th January, 2025 (WAM) -- The price of Kuwaiti oil rose by US$2.30 to US$84.55 per barrel (pb) on Thursday, compared with US$82.25 pb the previous day, said the Kuwait Petroleum Corporation ...
As reported by the AAA Texas Weekend Gas Watch, the average gas price across Texas was $2.69 per gallon for regular unleaded ...
The West Texas Intermediate for February delivery went up 2.25 U.S. dollars, or 2.94 percent, to settle at 78.82 dollars a barrel on the New York Mercantile Exchange. Brent crude for March delivery ...
Based on the most recent data from CME, total volumes in West Texas Intermediate have topped 2 million contracts in back-to-back days. Trading volume of that magnitude has not happened since the ...
The crude oil markets continue to see buyers on Monday, as we are now pressuring the significant ceiling in the market, and as a result, this is a scenario where I think a pullback might be necessary.