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Wti oil pulls back towards $72 as crude inventories exceed expectations

The U.S. continues to sell oil from the Strategic Petroleum Reserve, which is bearish for oil markets in the near term....

May 10, 2023, 10:48 am

Crude oil price forecast – crude oil markets continue to attempt a recovery

Crude oil markets initially pulled back just a bit during the trading session on Wednesday, only to find buyers again as we see an attempt to recover....

May 10, 2023, 10:17 am

Shell off the hook for devastating nigeria oil spill, supreme court rules

The UK Supreme Court has upheld two lower-court rulings that found British energy multinational Shell PLC (LSE:SHEL, NYSE:SHEL) was off the hook for ...

May 10, 2023, 7:17 am

Oil price forecast: surprise api crude inventory increase hints at weaker demand ahead of cpi data

Investors remain cautious as US crude inventory increase suggests lower demand and await US CPI figures...

May 10, 2023, 7:04 am

Oil price forecast: surprise api crude inventory increase hints at weaker demand ahead of cpi data

Investors remain cautious as US crude inventory increase suggests lower demand and await US CPI figures...

May 10, 2023, 3:04 am

Crude oil prices rally ahead of us inflation data as retail traders turn bearish

Crude oil prices are on a 4-day winning streak, up about 8%. Ahead of the US inflation report, retail traders are turning increasingly bearish, is tha...

May 9, 2023, 11:00 pm

Forexlive americas fx news wrap 9 may:the usd moves modestly higher ahead of cpi tomorrow.

US indices close lower ahead of CPI data tomorrowPreview: US CPI to be released tomorrow. What to expect?Jury finds Donald Trump did not rape E Jean C...

May 9, 2023, 8:59 pm

Private oil survey data shows headline crude oil build vs. draw that was expected

The inventory data from the private survey is out now, official data follows Wed. morning (US time).The build is the largest seen since February of th...

May 9, 2023, 8:36 pm

Wti crude oil futures settle at $73.71

The price of WTI crude oil futures are settling at $73.71. That's up $0.55 or 0.75%.The price of oil re...

May 9, 2023, 6:45 pm

Crude oil moves to a new session high

The price of WTI crude oil futures have reversed course and then back above its 200 hour moving average...

May 9, 2023, 5:49 pm

3 energy stocks that are overhyped and overvalued right now

In recent weeks oil prices have tanked leading to some overvalued energy stocks. Through the first week of May,...

May 9, 2023, 4:38 pm

Wti crude oil dips to new session lows

The price of WTI crude oil has dipped to a new session low at $71.84. The high for the day reach $73.08...

May 9, 2023, 3:40 pm

Oil market outlook

Oil prices rebounded slightly on Friday but are still expected to show losses for the week due to concerns about slowing growth in the US and China. U...

May 9, 2023, 1:34 pm

Crude oil price forecast – crude oil markets stall

Crude oil markets had a rather stagnant day during the trading session on Tuesday. Therefore, the bear market bounce may be coming to an end....

May 9, 2023, 10:06 am

Crude-oil prices fall after back-to-back gains

Oil futures fell early Tuesday, giving up some ground regained in back-to-back winning sessions as traders weighed data on Chinese...

May 9, 2023, 7:41 am

Crude oil maintains the gains as markets await us cpi. will wti go higher?

The crude oil price has stabilised so far on Tuesday after recovering from last week’s rout as soft C...

May 9, 2023, 5:00 am

Gbp/usd extends increase but momentum keeps fading

Key Highlights GBP/USD climbed further higher toward the 1.2680 resistance. A major bullish trend line is forming with support at 1.2520 on the 4-hour...

May 9, 2023, 3:53 am

Oil continues rebound, gold awaits cpi, and crypto struggles

Oil exits oversold territory China increases gold reserves for a sixth consecutive month Pepe Coin craters while Bitcoin struggles Oil Oil prices cont...

May 8, 2023, 8:09 pm

Wti crude oil futures settles at $73.16

The price of WTI crude oil futures are settling at $73.16. That's up $1.82 or 2.55%. The high price for...

May 8, 2023, 6:39 pm

Opec+ production cuts stymied by weak demand

Despite a brief surge in oil prices following OPEC+'s announcement of production cuts on April 3, the crude ...

May 8, 2023, 4:37 pm


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