The oil market shook off early weakness that had pulled U.S. and global benchmark prices to their lowest intraday levels in about two weeks one day after a downgrade in global demand growth ...
Oil rebounded on Wednesday on short-covering after prices fell near a two-week low in the prior session on Opec’s demand ...
The Nymex December RBOB contract was 0.65ct lower at $1.9565/gal and the January contract was off by 0.75ct at $1.9285/gal. The December ULSD contract was down by 0.8ct at $2.2025/gal and January ULSD ...
U.S. and global crude-oil prices on Wednesday touched their lowest levels in about two weeks, a day after OPEC+ lowered expectations for global demand growth. Traders also weighed prospects for oil ...
Take a look at how various assets are performing after the release of the latest consumer-price index: stock futures, the ...
Oil prices pared losses from earlier in the session to trade higher on near-term supply risks as market looks to maintain ...
Given that oil demand growth next year probably won't be much more than 1 million barrels a day, a full unwinding of OPEC+ ...
On Tuesday, OPEC, in its monthly report, cut its forecast for growth in global oil demand by 107,000 barrels a day in 2024 to 1.8 million barrels a day, or mbd, citing updated data for the first three ...
WTI oil has an American Petroleum Institute gravity of 39.6 degrees, considered “light.” WTI also has a sulfur content of just 0.24%, making it very “sweet.” WTI crude oil is typically the benchmark ...
Oil prices were edging higher in early trade but still face significant downward pressure. There is little to alleviate ...
Brent crude oil prices have continued to slip, touching 71.74 USD a barrel on Tuesday. This marks a downturn influenced by ...
The company saw its YTD earnings double so far this year from what they were in the same period of 2019 on a constant-price ...