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Oil prices edge lower, extending drop after fitch downgrade rattles markets
Oil futures were slightly lower early Thursday, extending a decline after a downgrade of the U.S. credit rating dented sentiment across markets, offse...
August 3, 2023, 6:52 am
Wti crude oil technical analysis - buyers fail at a key resistance
The OPEC+ production cuts and the expectations of more economic stimulus in China, gave crude Oil enoug...
August 3, 2023, 6:27 am
Commodity capsule: brent crude oil steadies; gold shrinks; copper under pressure bullion silver us dollar indian rupee
Recovery in the dollar largely offset optimism over data showing a substantial drop in US oil inventories over the past week. Read Full Story at sourc...
August 3, 2023, 6:14 am
Crude oil crunched as markets recoil from fitch downgrade. lower wti?
Crude oil prices are under the pump today as macro conditions unwind the jolly July rally on US debt woes and although stockpiles have been depleted, ...
August 3, 2023, 12:30 am
Largest ever crude oil inventory draw an anomaly, oil price fell
Oil inventory surveys this week indicated enormous drawdowns:Oil hammered despite record US weekly draw. Eyes on Saudi ArabiaPrivate oil survey data s...
August 2, 2023, 10:17 pm
Head of a large us shale firm forecasts oil as high as us$100 this year
Scott Sheffield is the chief executive officer of large shale firm Pioneer Natural Resources. He is forecasting...
August 2, 2023, 9:25 pm
Wti crude all future settle at $79.49
The price of WTI crude futures are settling at $79.49 a barrel. That's down $1.88 or 2.31%. The low pri...
August 2, 2023, 6:42 pm
King dollar returns and takes down commodities and their currencies
USD surges as 10-year Treasury rises 4.4bps to 4.067%, highest level since November Oil unable to rally after US...
August 2, 2023, 6:01 pm
Video: a technical look at the price of crude oil. what next and why?
The price of WTI crude oil futures are sharply lower and in the process has broken below its 200 are mo...
August 2, 2023, 4:05 pm
Eia weekly us oil inventories -17049k vs -1367k expected
Prior -600KGasoline +1480K vs -1300K expectedDistillates -796K vs +112K expectedRefinery utilization -0.7% vs 0% expectedProduction estimate 12.2 mbpd...
August 2, 2023, 2:30 pm
Crude oil price forecast – oil likely running higher but needs a pullback
Oil needs to pullback. We are starting to see a little bit of hesitation, so now it is a matter of waiting for value. The post...
August 2, 2023, 2:09 pm
Phillips 66 plans to run refineries at mid-90% of combined capacity in q3
Independent U.S. refiner Phillips 66 plans to run its refineries in the mid-90% range of their combined crude ...
August 2, 2023, 2:02 pm
Oil turns negative ahead of us weekly oil inventory report
WTI crude oil is down 45-cents to $80.89 ahead of the EIA weekly oil inventory data at the bottom of th...
August 2, 2023, 1:58 pm
What just happened with crude?
Energy markets got something of a double jolt yesterday, with API inventories showing the largest drawdown since records began. A little while later, ...
August 2, 2023, 12:05 pm
Gold, silver down as usdx rallies, crude oil drops, bond yields up-tick
(Kitco News) - Gold and silver prices are lower near midday Wednesday. Early safe-haven buying of the precious metals following a surprise downgrade o...
August 2, 2023, 11:26 am
Crude inventories decline by 17 million barrels
Oil markets are moving lower as traders take some profits off the table after the recent rally....
August 2, 2023, 10:49 am
What to watch for in eog's stock past q2?
EOG Resources (NYSE: EOG), an energy company engaging in the exploration, development, production, and marketing of...
August 2, 2023, 9:00 am
Elliott wave update of usdcad – august 2nd, 2023
USDCAD seems to defy logic, climbing alongside crude oil even as Fitch just downgraded the credit ratin...
August 2, 2023, 7:16 am
Oil prices rise after industry data shows big drop in u.s. crude inventories
Oil futures rose Tuesday, lifted after industry data showed a huge drop in U.S. crude inventories last ...
August 2, 2023, 6:49 am
Crude oil eyes new highs despite risk aversion elsewhere on fitch decision
The crude oil price has maintained overnight gains despite a tough day for risk assets after Fitch down...
August 2, 2023, 5:00 am