Tag: Crude Oil WTI (NYM $/bbl) Front Month

Oil prices fall as U.S. data show hefty rise in gasoline supplies

Oil prices headed lower on Wednesday, with gasoline futures leading the losses in the sector as traders parsed U.S. government data showing a more-than-3-million-barrel decline...

Oil prices move up as traders eye signs of improving energy demand

Oil futures moved up on Tuesday, shaking off earlier weakness, as signs of improving energy demand put global benchmark prices on track to tally an...

Energy stocks and bonds shine after brutal slump, even as Biden moves to curb fossil fuels

About nine months ago, oil futures did a crazy thing and briefly crashed into negative territory, marking a low point of a historic bear market...

Oil futures gain nearly 8% for the month

Oil futures on Friday finished sharply higher for the month, finding support as traders remained hopeful that efforts to rein in global supplies will offset...

Oil ends higher as dollar sees renewed weakness

Oil futures ended higher Tuesday, with Brent crude resuming a push to the upside as a bounce by the U.S. dollar appeared to lose steam....

U.S. oil books over 2% gain as weekly crude stockpiles seen falling; Brexit deal nears

Crude-oil futures closed sharply higher Wednesday as a report from the Energy Information Administration showed a drop in U.S. inventories, and favorable geopolitical developments appeared...

Oil prices on track for 7th straight weekly rise

Oil futures were little changed Friday, but remained on track for a seventh straight weekly rise as traders remained optimistic about vaccine rollouts and prospects...

How to read what oil prices — and the Dow — are saying about prospects for a ‘normal’ economic recovery

Don’t let the green energy revolution fool you into thinking crude oil prices no longer have much to say about the economic outlook. So cautions...

Oil prices end higher as OPEC+ agrees to a gradual increase in output for 2021

Oil futures ended higher Thursday, even though major producers agreed to a gradual increase in crude production starting in January, defying earlier expectations for an...

Oil prices fall as OPEC+ debates expansion of output cuts

Oil futures fell Monday, under pressure as the Organization of the Petroleum Exporting Countries and its allies debate the fate of existing output curbs in...

Oil prices rise, brushing off unclear U.S. presidential election outcome

Storage in focus. Johannes Eisele/Agence France-Presse/Getty Images Oil futures rose Wednesday, brushing off an unclear outcome in the U.S. presidential election as investors focus on...

Oil stages partial rebound after lockdown fears spark selloff

Oil rose Tuesday, looking to recoup some of its price losses from sharp selloff in the previous session sparked by renewed lockdown measures in Europe...

Is the stock market closed today? Here’s everything investors need to know about Memorial Day trading hours and closures

Memorial Day will take on an even more somber tone this year. The occasion honors the women and men who died serving their country, and...

U.S. oil prices climb ahead of EIA inventory report

Crude-oil prices edged higher on Wednesday, supported partly by evidence that U.S. inventories were receding. A report from the American Petroleum Institute late Tuesday showed...

U.S. oil extends climb to 2-month high above $30, as output cuts and hope for demand pickup boosts values

U.S. crude-oil prices looked to add to a climb toward a two-month high for the commodity in electronic trade on Sunday, supported in large part...

U.S. oil prices trade more than 7% lower as traders say China-U.S. relations a source of tension for crude

U.S. oil prices headed lower early Monday, with persistent worries about a flare up in tensions between China and the U.S. over the former’s handling...

Who may have gotten crushed — or won big — by the historic plunge below $0 a barrel for oil?

Crude-oil prices for May carved out a dubious place in history on Monday, plunging the most on record and notching the first settlement ever in...

U.S. oil’s May contract tumbles more than 26% near expiration as crude’s woes continue

The May futures contract for U.S. crude oil extended losses Monday, touching the lowest level since 2001, as fears about a shock to demand due...

Human ingenuity will solve the coronavirus, but I’m worried we might screw up everything else

It is very, very hard to be short human ingenuity. For example, when you buy commodities, you are betting, partially, that people will be incompetent...

U.S. oil heads 7% lower as Monday meeting of major producers gets delayed

Oil futures headed lower Sunday evening in electronic trade after a key meeting between oil giants Saudi Arabia and Russia was tentatively shifted to Thursday...