Oil scores back-to-back gains, but ‘bearish landscape’ remains
Oil futures moved higher Tuesday, attempting to claw back steep losses suffered last week, with prices supported by a more upbeat prospects for Chinese demand and ongoing concerns that a broader Middle Eastern conflict that could threaten crude flows from the region.
Oil Gains as China Lifts Crude Import Quota
Both key benchmarks gained more than 1.5% on the day, helped by economic optimism out of China and lingering concerns about potential disruptions from the ongoing conflict in the Middle East.
Oil rises as Middle East war rages and global supplies tighten
Oil prices rose for the second consecutive session on Tuesday, as traders downplayed hopes of a Middle East ceasefire and focused on a tightening global supply and demand balance. Brent crude futures for December settlement were up $1.
Oil Extends Gains Amid Middle East Tensions, Chinese Stimulus
Oil extended gains after Israeli strikes on Lebanon. Prices were are also supported by Saudi Aramco’s CEO reportedly saying he is fairly bullish on China demand in light of stepped-up policy measures.
Oil Futures Gain on Middle East Risk Premium
Oil futures extend their recovery for a second session with attention on conflicts in the Middle East, with supply and demand concerns remaining in the background. "Drivers behind today's larger-than-
Oil rises as Middle East war rages, traders focus on falling inventories
Oil prices rose for the second consecutive session on Tuesday, as traders downplayed hopes of a Middle East ceasefire and focused on a tightening global supply and demand balance. Brent crude futures for December delivery were up $1.
Goldman sees oil prices holding around $76/bbl in 2025 on ample supply
Goldman Sachs expects oil prices to average $76 a barrel in 2025 based on a moderate crude surplus and spare capacity among ...
U.S. crude oil prices rise more than 2%, extend gains to above $72 per barrel
Oil prices have bounced back somewhat after selling off steeply last week. Beijing cuts its benchmark lending rate on Monday, ...
Crude oil prices today: WTI is trading at $69.97
WTI futures traded around $69.97 per barrel, as of 9 a.m. ET. That’s an increase of 0.27% in the last 24 hours.
One State's Answer for Peak Oil Production: A $58 Billion Sovereign Wealth Fund
To understand what seesawing oil prices mean in practice, look no further than New Mexico, where America’s shale boom has ...
Chevron: 3 Reasons This Is The King Of Oil Dividend Aristocrats
Chevron is a top choice for low-risk investors with its strong growth prospects, dependable dividends and undervaluation.
Indian oil minister hopes global oil prices will come down
India's oil minister hopes that global oil prices will come down despite geopolitical tensions as more supplies are coming ...
Why the Oil and Gas Industry Is So Afraid of Kamala Harris
Mr. Mingle is an independent journalist and the author of “Gaslight: The Atlantic Coast Pipeline and the Fight for America’s ...
South Africa Is Still Tapping Oil Stockpile to Fund Fuel Subsidy
South Africa is still selling oil from strategic stockpiles to fund measures introduced two years ago to cushion consumers ...
Italy's largest insurer expands oil and gas exclusions list
Italian insurer Generali will no longer provide new cover for companies involved in oil and gas transportation, processing ...
Jim Irsay is giving away Eras Tour tickets at Lucas Oil Stadium. Here's how you could win
It's not uncommon for Irsay to give tickets away ahead of Colts game days, but Eras Tour tickets have been notoriously ...