Crude Oil
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Crude Oil Settles Sharply Higher as Iranian Protests Escalate
February WTI crude oil (CLG26) on Friday closed up +1.36 (+2.35%), and February RBOB gasoline (RBG26) closed up +0.0203 (+1.15%).…
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Oil Rises by Around 3%
WTI crude oil rose almost 3% to $59.40 per barrel on Friday, its biggest gain since October, as geopolitical tensions…
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Heating Oil Rebounds From 7-Month Lows
US heating oil futures rebounded above $2.15 per gallon after hitting seven-month lows near $2.06 on January 7th, closely tracking…
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Gasoline Rebounds from Near 5-Year Low
Gasoline futures for delivery in the New York Harbor rose toward $1.8 per gallon from the near five-year low of…
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WTI Price Forecast: Short-term momentum improves above 21-day SMA
WTI eases after rallying nearly 4% the previous day as markets reassess US oversight of Venezuelan Oil. US President Donald…
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WTI slips toward $58.00 as rising global inventories fuel oversupply concerns
WTI prices weaken amid rising global inventories and oversupply concerns. Chevron, Vitol, and Trafigura compete for US deals to export…
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Crude Sharply Higher on Energy Demand Strength and Index Buying of Oil Futures
February WTI crude oil (CLG26) on Thursday closed up +1.77 (+3.16%), and February RBOB gasoline (RBG26) closed up +0.0658 (+3.88%).…
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WTI rises as US Crude Oil stockpiles drop sharply, Venezuelan exports eyed
WTI US Oil prices recover following the release of much stronger-than-expected inventory data. Weekly figures show a steep drop in…
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Venezuela headlines weigh further on Oil prices – ING
Developments around Venezuela continue to grab headlines, putting further pressure on Oil prices. President Trump said that Venezuela will sell…
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WTI declines to near $56.00 as Venezuelan oil deal overshadows US inventory drawdown
WTI price drifts lower to near $56.05 in Thursday’s early European session. Trump’s deal to import up to $2 billion…
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