Crude oil futures fall on profit-taking, stronger US dollar
"There is uncertainty stemming from demand [as seen in the crude builds from the US Energy Information Administration data], and the wider market is waiting to see the impact of higher crude oil production from the US," Varathan added, saying that it ...
Investor's Business Daily
FAANG Stocks Shine, Oil Explorers Form Bases, And This Industry Group Rose The Most Today
Investor's Business Daily
Facebook (FB) was the best FAANG (Facebook, Amazon, Apple, Netflix and [Alphabet-owned] Google) stock Thursday, soaring 9% to 174.15 and leaping back above the 50-day and 200-day moving averages. The stock is building a new base, which could set up a ...
Wall Street Journal
Oil settles higher as traders look past US supply, focus on Iran sanctions
“That will ultimately be the key test for actual market impact, given that the U.S. is not a direct importer of Iranian oil.” Check out: Global oil surplus may soon become a shortage. On Wednesday, a report from the U.S. Energy Information ...
Oil Prices Rise Despite Inventory Surge
Emerging markets performance tied to oil price surge, says Nomura
Is This The Most Bullish Oil Market Of All Time?
US Crude Oil Production Reached Another Record
On April 25, the EIA released the weekly US crude oil production data. The EIA reported that US crude oil production rose by 46,000 bpd (barrels per day) to a record high of 10,586,000 bpd on April 13–20. The production also increased by 1,321,000 bpd ...
The Indian Express
Rupee recoups 15 paise to 66.75 against US dollar
After yesterday's rout, the rupee today staged a mild recovery to close 15 paise higher at 66.75 against the US dollar on bouts of American currency selling by exporters. Overall, forex market sentiment remained subdued due to sustained rise in crude ...
Rupee crashes 52 paise on deficit woes, rising crude oil prices
MARKETS: Crude oil will slowly tick higher over the coming weeks
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Expect Much Tighter Oil Markets
As oil prices hover close to multi-year highs, Saudi's Oil Minister has hit the wires saying that OPEC 'shouldn't be complacent and listen to some of the noise such as mission accomplished' . Just as we learned earlier in this economic cycle via 'don't ...
Will Crude's Rise Boost Corn Prices?
If realized, it would be the highest crude oil price since 2015. What's driving the energy market higher? The short answer is that global crude oil demand is reaching an all-time high. Production cuts from Saudi Arabia, OPEC, and non-OPEC countries ...
Opinion: Rising oil prices release a gusher of crude nonsense
There is nothing, and I mean nothing, that causes economists to lose their moorings the way oil prices do. When crude prices are rising, economists forget the foundations of microeconomics — the law of supply and demand — and assert that higher ...
Surprise Build In Crude Oil Stocks Rattles Market
Brent oil prices topped $75 in early trading on Tuesday with WTI approaching $70 a barrel as the market feared the chance of renewed U.S. sanctions on Iran is growing and as Tehran rhetoric flared up. At 07:45 a.m. EDT on Tuesday, WTI Crude was up 0.23 ...
MARKET WATCH: NYMEX crude oil for June ends week at $68.40/bbl
US crude sinks 1.4%, settling at $67.70, as Trump and Macron telegraph agreement on Iran nuclear deal
Trump's revenge: US crude oil floods European markets in blow to OPEC and Russia