Crude oil futures settled at $71 a barrel
Crude oil futures settled $71 a barrel, up $0.39 or 0.55%. For the week, the price of crude oil has moved down -2.12% This article...
Tag : Oil
New US Energy Secretary downplays the risk of tariffs on oil imports
US Energy Secretary Chris Wright US Energy Secretary Chris Wright was recently confirmed and spoke with CNBC just now. He was asked about oil coming...
WTI crude oil falls to the lowest levels since December
Oil started US trading higher after Saudi Arabia raised prices on its barrels but talk of peace in Ukraine and Trump touting lower oil prices...
Trump: We will drive the price of oil down, everything else will follow
Trump and Bessent have been saying this for awhile but it’s not clear what the plan is to drive down the cost of oil. WTI...
US crude oil futures settled at $71.03
US crude oil futures are settling at $71.03. That is down $1.67 or -2.3% Looking at the hourly chart, the price on MOnday, extended above...
US services growth slows, oil slide continues
Join OANDA Market Analyst Kenny Fisher & podcast guest Nick Syiek (TraderNick) as they review the latest market news and moves. MarketPulse provides up-to-the-minute analysis...
U.S. Crude Oil Inventories Surge Much More Than Expected
The Energy Information Administration released a report on Wednesday showing U.S. crude oil inventories shot up by much more than expected in the week ended...
EIA weekly crude oil inventories +8664K vs +1962K expected
Prior was 3464K Gasoline +2233K vs +525K expected Distillates -5471K vs -1483K expected Production 13.478 mbpd These are bearish numbers for energy, even compared to...
Oil – private survey of inventory shows a headline crude oil build larger than expected
more to come — Expectations I had seen centred on: Headline crude +2 mn barrels Distillates -1.5 mn bbls Gasoline +0.5 mn — This data...
Crude Oil Technical Analysis – We are testing a key support zone
Fundamental Overview The bearish momentum waned recently as the price reached the key support zone around the 72.00 handle. We’ve got some spikes here and...