Oil gives up early gains as US output worries linger
Oil futures erased earlier gains Monday, trading lower as worries about rising U.S. production continue to outweigh optimism about prospects for an extended agreement on output cuts by the Organization of the Petroleum Exporting Countries and other ...
Oil Lower in Monday Trade
Oil Claws Back Some Losses, but Analysts Remain Wary
Crude ticks up as risk-on mode returns on French election relief – Vandana Hari
Crude Oil Futures - Weekly Outlook: April 24 - 28
Investing.com - Oil futures settled lower for the fifth session in a row on Friday, extending losses to the weakest level in around three weeks as signs of further gains in U.S. crude output pressured prices. The U.S. West Texas Intermediate crude June ...
Oil Futures Settle Lower Friday
DTN The Progressive Farmer (registration) (blog)
The futures complex had weakened at the start of the session but the selloff accelerated after the spot-month contracts for NYMEX West Texas Intermediate crude futures, ULSD, RBOB futures and Brent futures on the IntercontinentalExchange slipped below ...
Oil ends below $50 as US rig count continues to climb
Oil futures fell on Friday, with the U.S. benchmark ending below $50 a barrel and notching a weekly loss of roughly 7%. The latest weekly rise in active U.S. oil rigs offered another sign of further growth in U.S. crude production, casting doubts that ...
Oil Mixed in Thursday Trade
Oil ends below $50 a barrel as US rig count continues to climb
Oil Prices Fall Amid Fears of a New Downtrend
Crude Oil And A Retreat That Makes Sense
Last week in my article entitled, Crude Oil Approaches Resistance, I explained why at above $53 per barrel, nearby NYMEX crude oil futures were likely to run into lots of selling that would take the price back to the $50 level. Last week, May NYMEX ...
Oil futures settle mixed as rising US production weighs
NYMEX Crude Oil Prices Made a U-Turn
WTI (West Texas Intermediate) crude oil (XLE) (XOP) (USO) futures contracts for May delivery fell 3.8% and settled at $50.44 per barrel on April 19, 2017. US crude oil futures for May delivery will expire on April 20, 2017. June WTI crude oil futures ...
Oil ends mixed, with US prices down as domestic output concerns persist
Oil Futures Lower Ahead of US Data
Oil futures fall sharply after data shows US gasoline build
For Oil's Future, Peer Through the Hedges
The chart below shows the net short position of swap dealers in Nymex crude oil futures and options. This is a proxy for hedging activity by E&P companies (which generally use swaps dealers to establish their hedging positions). The lower the number ...
Crude Oil Approaches Resistance
Everyone was bearish on the price of oil when it was moving lower in early March. Many analysts were calling for a test of $45 or $42 per barrel on the nearby NYMEX futures contract. The pundits were citing cheating by OPEC, massive Russian production, ...
WTI oil futures struggle despite surprise draw in crude inventories
Oil Futures Shake Off Softness
Cushing Crude Oil Inventories Hit a New Record
Crude Oil Pushes Higher
The United States Oil Fund (NYSEARCA: USO) closely follows the front-month WTI crude oil futures contract on NYMEX, since it holds the front-month futures contracts as its primary asset. USO can be useful for short-term trading positions, but is not ...
WTI Oil Futures Pare Gains After Surprise Build In Crude Inventories
Crude oil for May delivery on the New York Mercantile Exchange gained 45 cents, or 0.88%, to trade at $51.45 a barrel by 10:34 AM ET (14:34 GMT) compared to $51.77 ahead of the report. The U.S. Energy Information Administration said in its weekly ...