Oil Edge Higher in Thursday Trade
DTN The Progressive Farmer (blog)
NEW YORK (DTN) -- New York Mercantile Exchange (NYMEX) spot-month oil futures edged higher Thursday morning, recouping premarket losses on the back of stock market gains while the U.S. dollar eased from a 10-day high posted during overnight trade. The ...
Crude oil futures little changed before release of FOMC meeting notes
Crude futures were little changed in US trading Wednesday morning as the dollar firmed ahead of the release of the latest meeting notes from the Federal Open Market Committee. At 1549 GMT, NYMEX April crude was 24 cents lower at $61.55/b. ICE April ...
Soybean Market Closes Well Off Its Daily High Tuesday
March wheat futures ended 8½¢ lower at $4.49½. May soy meal futures settled $3.30 per short ton higher at $379.30. January soy oil futures closed 0.31¢ higher at 32.04¢ per pound. In the outside markets, the NYMEX crude oil market is $0.17 higher, the ...
US oil benchmark narrows gap with Brent crude
The narrowing of the spread between the two benchmarks turns in large part on what's occurring in Cushing, Okla., the Nymex delivery hub for WTI futures. Data from the Energy Information Administration released on Feb. 14 showed the amount of oil in ...
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US oil benchmark extends win streak to 3 days as crude claws back lost ground
Oil futures rose Friday, scoring a weekly rise and clawing back some of the ground lost since late January as traders weighed demand expectations versus worries over rising U.S. shale oil output. West Texas Intermediate crude for March delivery US:CLH8 ...
Crude Oil's Correction Is Healthy For The Future
The recent downside correction in crude oil was long overdue. The energy commodity traded to a low of $42.05 on the nearby NYMEX futures contract on June 21 which was 15 cents below its support level at the November 2016 low. Crude oil fell to the ...
Crude futures: Oil rising as Dow heading higher for sixth straight day
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Oil Prices - 16-02-18
Oil rebounds to end sharply higher after smaller-than-expected inventory rise
Oil futures rebounded from early losses Wednesday, ending sharply higher after government data showed crude inventories rose less than expected last week. On the New York Mercantile Exchange, West Texas Intermediate futures CLH8, +0.15% rose $1.41, or ...
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China plans to launch crude oil futures on March 26: securities regulator
The Shanghai Futures Exchange (ShFE) and INE, which is part of the ShFE, declined to comment. Asia has become the world's biggest oil consuming region, and China hopes its own derivative crude contract will better reflect market conditions in the ...
Oil Futures Post Fresh Multi-week Lows
China plans to launch crude oil futures on March 26 – sources
UPDATE 1-Shanghai exchange plans China's first crude oil futures
Crude oil futures: NYMEX hits one-month low on EIA data, record US production
Crude oil futures were lower during mid-morning trade in Asia Thursday, with NYMEX hitting a one-month low after US Energy Information Administration data showed a second-straight weekly rise in crude inventory and record US domestic production which ...
US oil futures fall below $60 a barrel
Oil prices drop as US crude stockpiles climb, weekly output hits a record
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Crude Oil Continues To Receive Support From Market Structure
Sentiment in the crude oil market is as bullish these days as it was bearish in late June 2017 when the price traded below technical support and reached a low of $42.05 per barrel. It seems like ages ago when many market analysts were calling for a ...
Texas shale challenges North Sea crude as world oil benchmark
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