Oil futures rose, with U.S. diesel and European gasoil futures resuming upward moves and continuing to put a floor under crude.
WTI slips below 50-day MA as API/EIA Inventory looms; bearish Oil Outlook unless Futures clear 200-day. OPEC, Production and ...
The gains come as Reuters reported that U.S. sanctions led Russian oil company Lukoil to declare a force majeure at its oil field in Iraq, which produces about 480,000 b/d. The move shows the impact ...
Oil futures extended losses as the market showed signs of slipping into contango, where the nearby months are cheaper than subsequent months.
Oil demand outlook improves on U.S. shutdown progress, but crude futures stall below the 50-day and 200-day moving averages ...
Crude oil futures traded higher on Friday morning after recent declines, despite concerns about oversupply in the market.
Diesel futures continue to see wide trading ranges, with almost 5cts/gal separating the high and low trades. December ULSD is currently up nearly 1.5cts at $2.4958/gal and is making a run back toward ...
LONDON (Reuters) -The prompt Brent crude futures contract on Thursday returned to trading at a premium to the six-month contract after new U.S. sanctions on Russia revived concern of a tight market in ...
Oil futures retreated as the market digested the OPEC+ decision to raise output in December and pause increases in the first quarter of next year.
Oil futures fell for the third time in four sessions with U.S.-China trade issues weighing and the IEA raising its crude surplus estimates for this year and next. BP Expects Upstream Production Boost ...