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Oil Rises on Reports of Drop in U.S. Crude Inventories but All Eyes Are on Inflation Data
Barrons.com· 3 days agoOil prices were edging higher on reports of a larger-than-expected draw in U.S. crude inventories,...
Citi Sees Oil Prices Falling to $70 Range in Q3 2024
Baystreet· 3 days agoOil prices have pulled back sharply to a three-month low as a combination of demand concerns and easing geopolitical premium take a toll. Last week, the Energy Information ...
US crude, fuel inventories fall as refining, demand pick up, EIA says
Reuters via Yahoo Finance Canada· 3 days ago(Reuters) -U.S. crude oil, gasoline and distillate inventories fell last week as both refining...
Oil flirts with $78 break despite lingering Middle Eastern tensions
The Forex Market· 5 days agoOil retreats to $78.00 after a failed attempt to snap above $80.00 on Friday. Oil prices edge up...
Oil rebounds, gains 1% after US crude draw, lukewarm inflation data
Reuters via Yahoo Finance Canada· 3 days agoEarlier in the session, the bearish IEA report helped push both benchmarks into technically oversold...
Oil settles up on hopes of firmer demand
StreetInsider· 1 day agoNEW YORK (Reuters) -Oil prices settled higher on Friday, with global benchmark Brent recording its first weekly gain in three weeks, as economic indicators from the world's ...
Natural Gas sprints higher with bulls squeezing out short sellers
The Forex Market· 2 days agoNatural Gas price (XNG/USD) is unchained and prints again near 2% gains on Thursday, reaching the...
The commodities feed: IEA sees weaker demand
The Forex Market· 2 days agoOil prices have edged higher despite the IEA revising lower its global demand growth forecasts. Instead, US macro data has provided support to the oil...
Oil Advances With Supply in Focus as US Stockpiles Seen Lower
Financial Post· 3 days agoBrent rose toward $83 after a 1.2% drop on Tuesday as persistent US inflation dimmed the demand...
Oil prices rise after US economic data raises rate cut expectations
StreetInsider· 2 days agoNEW YORK (Reuters) -Oil futures rose on Thursday on a stabilizing U.S. job market and slower-than-expected inflation data, which increased expectations that the Federal Reserve ...
