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 ...
Oil demand outlook improves on U.S. shutdown progress, but crude futures stall below the 50-day and 200-day moving averages ...
Oil futures extended losses as the market showed signs of slipping into contango, where the nearby months are cheaper than subsequent months.
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 ...
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 ...
Crude oil futures traded higher on Friday morning after recent declines, despite concerns about oversupply in the market.
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 ...
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