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Oil falls after industry data shows rise in crude inventories

Oil futures fell Thursday, kicking off June with a decline as investors awaited official U.S. inventory data after industry figures showed a large ris...

June 1, 2023, 8:12 am

Crude oil price dives below $70, us adp employment report next

Key Highlights crude oil price started a fresh decline below the $72 support. It traded below a key bul...

June 1, 2023, 3:30 am

Oil price forecast: bearish sentiment persists with weaker demand, surplus supply

Surging U.S. crude oil inventories, unexpected gasoline growth dampen sentiment, sparking worries about...

June 1, 2023, 1:30 am

Oil price fall - anz does not expect opec will intervene with output cuts at june meeting

Earlier on oil:Private oil survey data shows large headline crude build vs a draw expectedWTI...

June 1, 2023, 12:26 am

Barclays cuts its 2023 brent forecast to us$87/bbl (from $92) & 2024 to us$89 (from $97)

Barclays says on OPEC:The major objective of OPEC+ will remain preventing a persistent excessAnd that as non-OPEC+ supply growth slows and OPEC+ count...

May 31, 2023, 9:26 pm

Oil falls after large surprise build in us crude stocks

Oil prices dipped in early trade on Thursday for the third straight session after data showed an unexpected, large build in U.S....

May 31, 2023, 8:38 pm

Private oil survey data shows large headline crude build vs a draw expected

The inventory data from the private survey is out now, official data follows Wed. morning (US time).The numbers via Twitter:The headline...

May 31, 2023, 8:36 pm

Wti crude oil futures settles at $68.09

The price of WTIcrude oil settled at $68.14. That's down $1.37 or -1.97% on the day. The low price reached just above the $67 level at $67.03. The hig...

May 31, 2023, 6:40 pm

Crude oil prices bound for $60, says top analyst paul sankey

Paul Sankey, Sankey Research president, joins 'Fast Money' to discuss the bear case for oil prices ahead of a possibly contentious OPEC+ meeting....

May 31, 2023, 5:48 pm

Opec+'s mixed messages, recession fears make it too early to buy the dip on our oil stocks

A slide in crude oil prices has weighed on the Club's three energy holdings....

May 31, 2023, 3:50 pm

Gold stocks sharply higher as oil price slide continues

Gold stocks got a boost Wednesday on what could be investor optimism that a four-week low in oil prices will have a positive impact on the margins of ...

May 31, 2023, 2:36 pm

Crude oil price forecast – crude oil continues to plunge

The crude oil markets have fallen rather hard early during the trading session on Wednesday, as the mar...

May 31, 2023, 2:05 pm

Oil plunges under $70, downside risks ahead for dbo

Oil prices have dropped sharply in recent weeks due to concerns about global economic growth and a strong U.S. dollar. The Invesco DB Oil Fund ETF is ...

May 31, 2023, 10:26 am

Crude oil price forecast – crude oil continues to plunge

The crude oil markets have fallen rather hard early during the trading session on Wednesday, as the mar...

May 31, 2023, 10:05 am

Jasper’s market squawk 31-05-2023

Dollar Down Despite Increasing Fed Hike Prospects The dollar slid lower in the first full day of trading despite expectations for another rate hike ri...

May 31, 2023, 8:11 am

Usd/cad price forecast: loonie struggles as crude oil tumbles

CAD remains under pressure from the USD and lower crude oil prices as markets look ahead to Canadian GD...

May 31, 2023, 7:55 am

Oil slumps after weak china manufacturing data

Oil futures slumped early Wednesday after weak economic data out of China underlined worries about demand from one of the world's largest...

May 31, 2023, 7:52 am

Usd/cad outlook: move beyond mid-1.3600s to set the stage for further gains

USD/CAD scales higher for the second straight day and draws support from a combination of factors. Bearish cru...

May 31, 2023, 7:14 am

Oil price extends falls ahead of key opec+ meeting

The oil price remained under pressure on Wednesday hit by concerns about the strength of the global economy and ahead of a key meeting on Sunday with...

May 31, 2023, 7:09 am

Germany april import price index -1.7% vs -0.5% m/m expected

Prior -1.1%Import price index -7.0% vs -5.8% y/y expectedPrior -3.8%The drop in annual reading is mainly to do with lower prices for energy but the mo...

May 31, 2023, 6:00 am


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