Oil eased on Friday after a rally the previous day, but prices remained set for a second straight weekly gain as investors ...
Forecasts for trucking’s main fuel, which alongside heating oil is part of the distillate portion of the crude barrel, ...
Some forecasters have called for oil prices to hit $50 a barrel. That would mark a decline of nearly 40% from current levels.
Crude oil and refined product futures prices were up sharply at midday Thursday after two down sessions as worries again rose over a possible Israeli strike against Iran. The NYMEX November West Texas ...
WTI crude fell to its 52-week low of $64.78 per barrel on Sep. 10, 2024. It reached its 52-week high of $91.09 on Oct. 20, ...
Iran is offering its crude oil to China’s independent refiners at narrower discounts to Brent, as sellers are seeking higher ...
Investment funds increased their bullish bets on Brent crude prices by the most since 2018 last week, as prices roared higher ...
Brent crude oil’s upward momentum seems to be building, based on charts, UOB said.
Global shares traded mixed Thursday after market optimism got a perk from the record highs set on Wall Street. France’s CAC ...
Despite the short-lived recovery in oil prices, analysts warn that the response from oil shorts remains strong, with bearish sentiment prevailing and many traders still aggressively shorting oil based ...
The Brent/WTI spread has historically ranged between $4/bbl and $8/bbl, but it can expand or contract based on factors ...