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Crude inventories increased by 1.4 million barrels, exceeding analyst expectations

Oil markets remained under pressure as traders focused on rising inventories, weak economic data from Europe, and Israel-Hamas conflict. The post Crud...

October 25, 2023, 2:54 pm

Oil falls for 4th day on u.s. supply, geopolitical conflict

"Crude oil (BZ=F, CL=F) prices fell for a fourth-straight day as diplomats mitigate the fallout from escalations in the war between Israel and Hamas. ...

October 25, 2023, 2:03 pm

Chevron takeover-target hess results comfortably beat expectations

Chevron's (NYSE:CVX) $53 billion takeover deal, announced Monday, somewhat stole the thunder from today's earnings release at Hess Corp (NYSE:HES), ...

October 25, 2023, 9:54 am

Oil - private survey of inventory shows a large headline draw vs. small build expected

This is from the privately surveyed oil stock data ahead of official government data tomorrow morning out of the US.Via Twitter:--Expectations I had s...

October 24, 2023, 8:32 pm

Spy: 'double-barreled' buy signal flashes

Our double-barreled oversold signal suggests the S&P 500, Nasdaq 100, and Russell 2000 may be approaching a bottom. The signal is based on two indicat...

October 23, 2023, 6:04 pm

5 massive cities that don't have cracker barrel

Cracker barrel was founded in Lebanon, Tennessee, so it's not surprising you'll find the highest concen...

October 23, 2023, 3:30 pm

Chevron buying hess for $53 billion in latest major oil deal

Chief executive John Hess said the deal adds oil fields in Guyana, including more than 11 billion barrels of oil equivalent....

October 23, 2023, 9:24 am

War could drive oil to $140, says allianz trade

War in the Middle East could cause oil prices to surge to $140 a barrel and bring the world to the brin...

October 20, 2023, 11:48 am

Usd/cad outlook: dollar edges higher with 0.3% weekly loss

Powell stated that the robust US economy might necessitate stricter borrowing conditions. US crude oil futures settled at $89.37 per barrel, rising 1....

October 20, 2023, 9:09 am

Forexlive asia-pacific fx news wrap: usd/jpy has a close look at 150

US seeks to buy 6mn barrels for its oil reserve by Jan. At $79. Price can't be serious?Federal Reserve officials, Harker and Mester, speak later on Fr...

October 20, 2023, 3:45 am

Us seeks to buy 6mn barrels for its oil reserve by jan. at $79. price can't be serious?

The U.S. Department of Energy is looking to purchase 6 million barrels of crude oil for delivery to the Strategic Petroleum Reserve in December and Ja...

October 20, 2023, 3:25 am

U.s. oil futures climb closer to $90 a barrel

Oil futures ended higher on Thursday, with U.S. prices edging closer to $90 a barrel. “Energy markets are in the grasp of geopolitical events,” sa...

October 19, 2023, 2:40 pm

Dbe: energy investing in a highly volatile world

Crude oil prices rose to a fourteen-year high in March 2022 but fell below $70 after the U.S. released barrels from its Strategic Petroleum Reserve. T...

October 19, 2023, 1:00 pm

Aud/usd reverses direction and slips to 0.6335 in wednesday risk-off market flows

The AUD/USD is backsliding into 0.6335 after Wednesday markets saw risk appetite evaporate. Investor confidence is souring as the Gaza conflict weighs...

October 18, 2023, 9:59 pm

Crude inventories decline by 4.5 million barrels

The EIA report is bullish but traders are mostly focused on rising tensions in the Middle East. The post Crude Inventories Decline By 4.5 Million Barr...

October 18, 2023, 2:55 pm

Oil is volatile ahead of us weekly inventory data

The volume in oil trading has moved to the December contract, which is up $1.78 to $87.14 today.It traded as high as $88.57 just a few hours ago befor...

October 18, 2023, 1:58 pm

Will gold prices hit new all-time highs in october? [video]

Oil prices have continued their bullish trend with Brent crude, the international benchmark surging almost 4% today to touch $93 a ...

October 18, 2023, 1:44 pm

Crude inventories decline by 4.5 million barrels

The EIA report is bullish but traders are mostly focused on rising tensions in the Middle East....

October 18, 2023, 10:55 am

Oil - private survey of inventory shows much larger draw than was expected

This is from the privately surveyed oil stock data ahead of official government data tomorrow morning out of the US.The huge draw is yet another tailw...

October 17, 2023, 8:51 pm

Southern energy production boosted by gwinville integration

Southern Energy Corp (TSX-V:SOU, AIM:SOUC, OTC:MAXMD) told investors that third-quarter production in Mississippi averaged 2,814 barrels oil equivalen...

October 17, 2023, 9:57 am


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