Crude oil futures rise as US-China trade war on 'hold', US rig data
Britain was seeking a waiver for energy companies to continue trading with Iranian counterparts, despite President Donald Trump re-imposing sanctions on OPEC's third largest oil producer, a government minister told S&P Global Platts in an interview ...
Oil prices rise with global markets after China, US put trade war 'on hold'
SINGAPORE, May 21 (Reuters) - Oil prices rose on Monday, lifted by news that China and the United States had put a looming trade war between the world's two biggest economies “on hold”. Brent crude futures were at $78.87 per barrel at 0045 GMT, up 36 ...
Oil prices boosted by news China, US put trade war 'on hold'
Crude oil futures rise 0.70% on positive global cues
Gold and Crude Oil Prices Diverge on Cooling US, China Tensions
Benchmark crude oil futures remain at record levels
Oil Benchmark crude oil futures were still breaking records last week but demand destruction is feared as prices are getting close to $80. Brent and WTI recorded their sixth and third straight week of gains respectively. The market fundamentals support ...
'Smart Money' Buying Oil After Missing Entire Rally
Since then crude oil prices have risen, with Brent oil futures threatening to break the $80 barrier and by our count, at least 4 grades of oil trading above the critical $80 mark. With prices firmly entrenched in a long-term upswing, we were surprised ...
Oil falls for the session, but US benchmark logs 3rd weekly gain in a row
July Brent crude LCON8, -0.74% lost 79 cents, or 1%, to settle at $78.51 a barrel on ICE Futures Europe. Prices for the global benchmark, which topped $80 in intraday trading Thursday for the first time since November 2014, ended 1.8% higher for the week.
What are the factors driving up the price of crude oil?
Why Venezuela's crisis could send oil prices above $100 a barrel
Oil dips on signs of ample supply despite OPEC cuts, Iran sanctions
Commodities are posting their best returns in a decade and Goldman thinks there's more to come
In the oil market, U.S. sanctions were limiting output from a major OPEC member, crude stockpiles were moderate and oil prices were lower for delivery in the future. Despite OPEC's exit from production cuts, demand for oil outstripped supply, and the ...
Goldman: Don't Bet Against Oil
Why surging oil prices don't always mean big profits for US shale producers
Over the past couple of weeks, WTI crude at Midland, Texas, which is part of the Permian Basin, has been running roughly $10 to $13 a barrel below WTI futures prices, so prices there are at barely $60, he says. This is among the reasons why the market ...
Investors see big oil surge, but physical markets suggest caution ...
Oil futures prices have soared past three-year highs, OPEC's deal has cut millions of barrels of inventory worldwide and investors are betting in record numbers ...
Investors see big oil surge, but physical markets suggest caution
China's crude oil futures boom amid looming Iran sanctions
SINGAPORE/BEIJING (Reuters) - A U.S. decision to reimpose sanctions on Iran is supporting China's newly established crude oil futures, and may spur efforts to start trading oil in yuan rather than dollars, traders and analysts said. ... traders would ...
China's night-owl retail investors leverage up to dominate oil futures trade
One Crude Oil ETF That Actually Works—at Least for Now
The $2 billion United States Oil fund (USO), for example, promises to deliver exposure to oil prices on a day-to-day basis. It does that by holding West Texas Intermediate crude futures, but because crude oil futures contracts expire every month, the ...
Trump's Iran Speech Gets Oil's Back Up
Oil rallies by 3% a day after the US announces its exit from the Iran deal
Oil prices hit highest in years as markets adjust to looming sanctions on Iran