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Will summer driving season demand send Oil prices to $100 a barrel? [Video]
The Forex Market· 3 days agoThis comes as no surprise, considering the current macroeconomic backdrop is fuelling a “perfect...
Oil Near Two-Month High on Hurricane Risks, US Stockpile Drop
Financial Post· 22 hours agoBrent crude traded above $87 a barrel and West Texas Intermediate was below $84, with both...
Standard Chartered: Oil Rally Will Extend Well Beyond $90 Per Barrel
Baystreet· 2 days agoThe energy sector has now slipped to 4th in year-to-date sector rankings with an 8.6% return compared to a 15.5% gain by the broad-market benchmark. Thankfully, the oil < ...
Oil prices to stay steady as China demand woes offset Mideast risks
StreetInsider· 4 days agoBrent crude futures have averaged $83.4 thus far in 2024, after brief spikes to as high as $92.18, driven by supply risks due to the conflict in the Middle East. "Beyond the ...
Fuel pump prices 'rising again' as oil hits two-month high
Sky News via Yahoo Canada News· 3 days agoDrivers are being warned fuel prices are on the rise again amid rising oil costs and suggestions...
Oil Holds Steady Near Two-Month High Amid Falling US Stockpiles
Bloomberg via Yahoo Finance Canada· 1 day ago(Bloomberg) -- Oil held steady near a two-month high as signs of weaker demand in Asia vied with a...
Oil prices steady amid summer demand hopes, supply risks
StreetInsider· 2 days agoCrude markets largely rose past jitters over mixed economic data from China and signs that U.S. fuel demand had not picked up as strongly as markets were hoping. Brent < ...
The commodities feed: Tight US inventories support Oil
The Forex Market· 2 days agoCrude oil edged higher this morning on reports of a significant withdrawal in US inventories over...
Inventory Decline Lifts U.S. Crude to Best Close Since April
Zacks via Yahoo Finance Canada· 1 day agoMeanwhile, the crude supply cover dropped from 27.3 days in the previous week to 26.7...decreased...
Why U.S. Oil and Gas Production Is Slowing Down
Baystreet· 12 hours agoSlowing drilling activity in the U.S. shale patch is capping oil production growth while natural gas output is down from year-ago levels amid above-average inventories and ...