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Oil Settles Little Changed After Swinging on US Stockpile Gain
Bloomberg via Yahoo Finance Canada· 2 weeks ago(Bloomberg) -- Oil settled little changed after swinging between losses and gains as US petroleum...
Oil prices settle higher, but gains capped by surprise inventory build, dollar
Investing.com via Yahoo Finance Canada· 2 weeks agoInvesting.com-- Oil prices settled slightly higher Wednesday, though gains were capped by unexpected build in U.S. inventories and a stronger dollar. At 14:30 ET (18:30 GMT), Brent oil futures ...
Crude oil edges higher on supply concerns; API stocks rise
Investing.com via Yahoo Finance Canada· 3 weeks agoOil prices edged higher Wednesday, with elevated tensions in the Middle East providing support after U.S. inventories rose more than expected. Both crude contracts gained around 1% on Tuesday ...
Oil market still set to tighten in second half of 2024 - UBS
Investing.com via Yahoo Finance Canada· 3 weeks agoThe major energy agencies have all recently made revisions to the likely oil balances this year and next, but they still point to the crude market tightening in the second half of 2024, according ...
Oil Prices Set for Third Weekly Loss in a Row
Oilprice.com via Yahoo Finance Canada· 1 month agoOPEC+'s potential supply increases have sent oil prices tumbling, with experts divided on the impact and central banks' rate decisions adding to market uncertainty.
Traders Are Bracing for a Record-Smashing Summer That Will Shake Up Commodities
Bloomberg via Yahoo Canada News· 1 month ago(Bloomberg) -- Around the world, people are already living through the havoc brought on by global...
Morning bid: Calm markets hover near highs, metals step back
Reuters via Yahoo Finance Canada· 2 months agoPartly due to the absence of top-tier economic news this week, world markets have found a relatively...
Oil steadies on surprise inventory drop, but futures still down 8% from April peak
Yahoo Finance· 2 months agoOil reversed earlier declines Wednesday after new data showed US inventories fell last week, but...
The Next Two Months Will Be Critical For Oil Fundamentals
Oilprice.com via Yahoo Finance Canada· 2 months agoEnergy markets have kicked off the new month on the back foot, with oil prices sliding 3% in Wednesday’s intraday session following a surprise U.S. inventory build amid lingering uncertainty ...
Traders Became More Bullish on Oil As Middle East Risk Surged
Oilprice.com via Yahoo Finance Canada· 3 months agoHedge funds and other portfolio managers began to include a higher risk premium in their oil price trades early this month as tensions in the Middle East spiked. Money managers significantly ...