Oil futures turn higher after crude inventories show unexpected decline
Oil futures erased a small decline to turn higher Thursday after government data showed an unexpected drop in U.S. crude inventories. The Energy Information Administration said crude stocks fell by 1.6 million barrels. A survey of analysts by The Wall ...
Oil reverses course and rises as dollar backs off highs
by Phil Flynn of The PRICE Futures Group
American Journal of Transportation
Tight oil remains the leading source of future US crude oil production
American Journal of Transportation
EIA's recently released Annual Energy Outlook 2018 (AEO2018) Reference case projects that U.S. tight oil production will generally increase through the early 2040s, when it will surpass 8.2 million barrels per day (b/d) and account for nearly 70% of ...
Crude oil futures trade lower on firmer dollar ahead of US data
1050 GMT: Crude oil futures were lower in early European trading Thursday amid pressure from a firmer dollar and as markets appeared to shrug off initial data showing a drawdown in US stocks. At 1050 GMT, April ICE Brent crude futures were down 28 ...
US oil benchmark ends slightly lower ahead of supply data
What Could Drive Crude Oil Futures?
Brent crude eases, while lower Canadian supply boosts US futures
Oil prices slump as dollar gets boost from hawkish Fed minutes
Oil prices moved firmly lower on Thursday, getting pressured by a rise in the dollar, which came after hawkish minutes from the Federal Reserve's suggested the policy makers may raise interest rates faster than previously expected. Energy traders were ...
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 ...
Crude Oil Futures near 2-Week Highs
April WTI crude oil futures contracts rose 1.2% from the previous settlement to $62.27 per barrel at 12:00 AM EST on February 20, 2018. Prices are near a two-week high. Renewed optimism in the global equity market and supply cuts have been supporting ...
US crude oil futures settles at $61.90
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Oil futures rise, as supply fears wait in the wings
Oil futures climbed on Monday, with the commodity picking up where it left off last week, when prices rebounded as investor appetite for riskier assets improved. West Texas Intermediate futures US:CLH8 rose 80 cents, or 1.3%, to $62.35 a barrel, after ...
South China Morning Post
COLUMN-China's crude oil futures face massive challenges: Russell
But perhaps the biggest challenge face the INE contract is the fact that it is effectively based in a demand centre, rather than a production centre, as are the other major oil futures. The three main existing benchmarks, Brent, West Texas Intermediate ...
Launch of yuan crude contract no guarantee that it will give China pricing control over commodity
China to launch own crude oil futures contract on March 26
China is set to launch its long-awaited crude futures contract on March 26, the country's security regulator said on Friday, as Beijing seeks to extend its influence over the pricing of oil barrels sold into Asia. Over the past decade China has emerged ...
China plans to launch crude oil futures on March 26: securities regulator
China's long-heralded crude oil futures contract to start trading March 26
China Muscles In on Brent, WTI Oil Dominance