Oil futures settled Friday with a loss for the session but an overall gain for the week, as traders weighed storm disruptions to output in the Gulf of Mexico against prospects for energy demand.
Oil fell on Wednesday after two sessions of gains after an industry report showed increasing U.S. crude and fuel inventories, ...
U.S. crude prices post 1.5% weekly rise after Francine disrupts output in Gulf of Mexico Oil futures finished with a loss on Friday as concerns about the demand outlooked lingered, but prices ...
Earlier in the session, oil found support from risks of increased violence in the Middle East disrupting supply after Hezbollah accused Israel of attacking the militant group with explosive-laden ...
Fundamentals have not changed to warrant a big price dip. Oil prices fell again on Tuesday—by more than 3% on the day—indicating a dramatic shift in fundamentals or some geopolitical tension ...
Oil doesn't appear to be pricing in any risk at the moment, with WTI crude (CL1:COM) falling to $70 a barrel again, and movement for now might be more dependent on the upcoming Fed decision.
Gov. Gavin Newsom has summoned the Legislature this fall for a special session to address gasoline prices, asking them to ...
Oil price decline to critical support levels hints at economic slowdown with impact on US rates, FX pairs, and the yen. Click ...
NEW YORK, Sept 19 (Reuters) - Oil prices extended their recent recovery ... 10, and both benchmarks have registered gains in five of the seven sessions since then. The U.S. central bank cut ...
OPINION- The gasoline price gouging that has plagued Californians sporadically for decades appears no longer to be merely occasional. Rather, it’s become pretty steady.
Marathon Oil and ConocoPhillips expect the purchase, which is undergoing a Federal Trade Commission review, to close late in the fourth quarter of 2024. Details of the vote were not immediately ...
Oil futures finished with a loss on Friday as concerns about the demand outlooked lingered, but prices gained for the week after Hurricane Francine disrupted output in the Gulf of Mexico ...