False Prophets Versus Oil Futures: Why Recent $100 Price Forecasts Are More Sensational Than Logical
Towards the end of 2017 and for much of the first quarter of this year, both oil futures benchmarks – i.e. Brent, the global proxy gauge, and West Texas Intermediate, the keenly watched U.S. contract – oscillated in very predictable ranges marking a ...
Oil Price Fundamental Weekly Forecast – Traders Pricing in 1 Millon ...
Benchmark crude oil futures both decline
Oil prices fall on expectation Russia, Saudi Arabia will raise output
US oil prices drop to lowest finish in over a week
U.S. benchmark oil futures marked their lowest settlement in more than a week on Friday, pressured by expectations that the Organization of the Petroleum Exporting Countries and its allies will decide to boost production next week. July West Texas ...
A Crude Oil Bottom In June?
While shale output in the U.S. increased dramatically with the price of the energy commodity, economic growth around the world expanded demand for the energy commodity supporting a higher price of crude oil. NYMEX July crude oil futures declined from ...
Crude oil futures down ahead of OPEC meeting, likely production hike; ICE Brent at $75.12/b, NYMEX WTI $66.71/b
Global oil benchmark ends at 6-week low on expectations for OPEC output hike
Crude Oil Prices Decline
US oil prices end at 2-week high; Brent falls on bets for higher OPEC output
U.S. benchmark oil futures logged their highest settlement in two weeks on Thursday, buoyed by a hefty weekly decline in U.S. crude supplies, though the rise was modest given a climb in last week's domestic production to a record level. The global ...
Trump criticizes OPEC again for high oil prices; 'Not good!'
Oil Futures Mixed Ahead of API
Crude oil futures weaker after data shows Saudi output rose in May; NYMEX WTI down to $66.04/b, ICE Brent $76/b
US oil prices finish higher for a second session, but Brent oil falls after OPEC report
Signs of rising output also come as a coordinated effort to tamp down a global glut of crude and stabilize a downturn in oil futures from a 2014 peak is set to expire at the end of 2018. A gathering of OPEC members on June 22 likely will feature ...
Benchmark crude oil futures decline modestly
Saudi Arabia Drives Rise in OPEC Oil Output
Crude oil futures mixed on rising US rig count, lower OPEC supply
The Apparently Never-Ending Permian Blowout
Energy dominance carries its own backlash, it turns out. Ground zero is the Permian basin in west Texas, where oil production has run ahead of pipeline capacity to get it to market, forcing some U.S. barrels to price at wide discounts. Thankfully, new ...
Oil settles at 2-month low as crude supplies rise unexpectedly
Prices gave back the 1.2% rise it saw Tuesday. On ICE Futures Europe, August Brent crude LCOQ8, -0.53% the global oil benchmark, shed 2 cents to end at $75.36 a barrel, well above the session's $74.46 low. The U.S. Energy Information Administration ...
3 Reasons Why Crude Oil Will Find Support
Crude oil futures move higher, shrugging off US stock builds; ICE Brent up at $75.82/b, NYMEX WTI $65.08/b
Crude oil futures strengthen to Rs 4374 per barrel
The oil market is doing something it hasn't done in 3 years — and it's bullish for crude
These pipeline constraints have stockpiled crude oil throughout Texas and Oklahoma, and federal data this week estimated another production record. I have been bullish on crude oil all year, and rising production has not deterred this belief because of ...
Oil prices drop on growing expectations that OPEC will curb output cuts
US and Brent crude part ways, leaving market flummoxed over oil prices
Commodity outlook: Oil in for pain, nickel set to shine more
Crude oil futures prices subdued, await key data; ICE Brent up at $75.65/b, NYMEX WTI down to $66.87/b
Crude Oil Marketwire delivers vital intelligence to help you make critical decisions. Delivered daily direct to your desktop, Crude Oil Marketwire provides detailed market information, including crude oil price spreads, daily crude oil forwards, trade ...
US oil benchmark ends at 6-week low, down a 5th straight session
Oil prices are falling fast. Here's why
Oil slumps as OPEC, Russia look to raise output amid US surge
US oil benchmark futures prices end with modest loss
Prices for U.S. oil benchmark futures ended with a modest loss on Tuesday with traders focused on developments tied Iran and Venezuela and the potential that U.S. actions against those countries will contribute to tighter global crude supplies. Prices ...