Wti crude futures settles at $78.49

WTI crude oil closed at $78.49. That's down $0.10 or -0.13%.

The low price reached $78.18. The...

February 16, 2023, 7:38 pm

Oil futures settle lower for a third straight session

Oil futures finished lower on Thursday for a third straight session. The loss follows a more than 16 million-barrel weekly increase in U.S....

February 16, 2023, 2:42 pm

Crude oil price forecast – crude oil markets continue to hover

Crude oil markets have done very little during the trading session again on Thursday, as we see quite a bit of noisy behavior but lack of momentum....

February 16, 2023, 9:53 am

Exxon mobil: still got fuel to rally

Exxon Mobil is very well positioned to continue benefiting from current energy supercycle by being very efficient in its expenditures, both operating ...

February 16, 2023, 2:44 am

Oil holds two-day drop as us oil inventories expand

Oil under pressure after the US government's weekly report showed that total crude inventories rose to ...

February 15, 2023, 7:35 pm

Energy transition portfolio outperforms broader markets ytd

The energy transition portfolio, which includes pairing carbon-based and clean energy investments, is outperforming broader markets. The energy transi...

February 15, 2023, 5:18 pm

Oil futures end lower after eia reports a hefty weekly rise in u.s. crude supplies

Oil futures ended lower on Wednesday after the Energy Information Administration reported a 16.3 million-barrel weekly rise in U.S....

February 15, 2023, 2:44 pm

Crude oil price forecast – crude oil markets continue to grind back and forth

Crude oil markets have continued to do almost nothing, as it seems like we are willing to stay in the same range....

February 15, 2023, 11:28 am

Booming oil exports boost u.s. as global price maker

Trades of key Texas-crude contracts have hit a record high....

February 15, 2023, 7:37 am

Crude oil price update – massive api inventories build weighs ahead of eia stockpiles report

Crude oil inventories rose by a massive 10.507 million barrels last week, the American Petroleum Institute (API) data showed late Tuesday....

February 15, 2023, 3:45 am

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

This is from the privately surveyed oil stock data ahead of official government data tomorrow morning out of the US.

Via Twitter:

Expec...

February 14, 2023, 9:36 pm

Wti crude oil settles at $79.06

The price of WTi crude oil is settling at $79.06. That is down -$1.08 or -1.35% on the day.

Th...

February 14, 2023, 7:41 pm

Oil prices slide as the us says it will sell millions more barrels of oil from its strategic reserve into the global market

WTI oil prices fell below $80 a barrel. The US plans to sell sweet crude from two storage sites startin...

February 14, 2023, 2:01 pm

Us opening bell 14-02-2023

EUROPEAN EQUITIES ADVANCE AHEAD OF THE KEY US INFLATION DATA; THE UK LABOUR MARKET REMAIN STRONG DESPITE ECONOMIC DIFFICULTIES IN THE COUNTRY; THE US ...

February 14, 2023, 1:19 pm

Oil price remains healthy: 3 permian explorers to gain

Exploration and production businesses are witnessing big gains from a healthy crude price trajectory. T...

February 14, 2023, 9:47 am

Usd/cad sticks to modest gains around mid-1.3400s, eyes us cpi for fresh impetus

USD/CAD gains some positive traction on Tuesday, though lacks bullish conviction. Subdued crude oil pri...

February 14, 2023, 9:14 am

Crude oil price forecast: brent bid ahead of opec report and us cpi

Brent crude oil prices exhibit signs of attentiveness as markets await key economic data from OPEC and ...

February 14, 2023, 8:58 am

Opec expects stronger economies to boost oil demand

Stronger-than-expected economic growth in the U.S. and Europe, coupled with China's economic reopening, is seen boosting global appetite for...

February 14, 2023, 8:41 am

Oil falls as u.s. releases more crude from strategic petroleum reserve

Oil futures fell Tuesday, after news reports said the U.S. would follow through with a plan to sell another 26 million barrels of...

February 14, 2023, 7:43 am

Commodities watchlist: wti crude oil (usoil)’s range resistance

WTI crude oil is retesting the 80.00 psychological level! Will we see an upside breakout that would tak...

February 14, 2023, 4:04 am